Mike McLean

Spokane County assessments hit record

Valuations top $40 billion; tax revenue rises 3 percent

March 10, 2016

The overall property value for Spokane County reached a record level in 2015, finally breaching the earlier crest of 2009, says Byron Hodgson, the county's deputy assessor. Spokane County's total assessed value for 2015 was $40.2 billion, up from $38

City Hall project goes to bid this month

$14.4 million complex to be finished by fall 2017

March 10, 2016

Mike McLean

The city of Spokane Valley expects to issue a call for contractor bids this month for its envisioned $14.4 million City Hall project, says Mark Calhoun, acting city manager. Calhoun says he anticipates the contract will be awarded in May, and constructio

Cornerstone's worldwide office network rebrands

Shorter SVN name reflects large franchise's evolution

March 10, 2016

Mike McLean

Sperry Van Ness|Cornerstone, the boutique Spokane commercial real estate brokerage, has changed its name to SVN Cornerstone to reflect a rebranding by the Boston-based Sperry Van Ness International Corp. network that the brokerage here joined less than a

California investor buys South Hill apartment complex

39 living-unit Timber Court acquired for $2.1 million

February 25, 2016

Mike McLean

Chris Nelson, of Manton, Calif., has bought the Timber Court Apartments complex on the South Hill for $2.1 million, says Joel Crosby, a commercial real estate broker involved in the transaction. Timber Court Apartments, located at 2707 E. 37th, has 39 un

Garco Construction wins $32.6 million job at Michigan air force base

Project will support rapid refueling of KC-135 planes

February 25, 2016

Mike McLean

Garco Construction Inc., of Spokane, has been awarded a $32.6 million construction contract to build a massive jet-fuel storage and delivery system at Selfridge Air National Guard base, in Michigan, says Katie Fitzpatrick, a Garco spokeswoman. The base,

Valley boatlift distributor purchased

Pacific Harbor's territory spans Inland Northwest

February 25, 2016

Mike McLean

Brady A. Kriegh, of Spokane, has bought longtime Spokane Valley boatlift seller Pacific Harbor Distributors. Pacific Harbor, which was founded here in 1980, is located at 6506 E. Main, where it occupies about an acre of land with a 1,600-square-foot ware

SBA small-business loan incentives help more borrowers

Programs boost cash flow for business starts, growth

February 25, 2016

Mike McLean

U.S. Small Business Administration loan incentives are helping a growing number of businesses start up or expand, some lenders here say. In 2015, lenders in the Spokane branch of SBA's Seattle district issued 522 SBA-backed loans totaling $183 million,

Holster maker Tedder Industries targets growth

Company sets its sights on move to Post Falls

February 25, 2016

Mike McLean

Thomas Tedder sees no signs that U.S. guns sales will decline anytime soon. That means his holster-making company, Tedder Industries, currently of Hayden, likely will enjoy strong growth for years to come, he says. The company had 30 employees when it mo

WSU medical school plans are on track, inaugural dean says

Tomkowiak starts program focused on community

February 25, 2016

Mike McLean

Dr. John Tomkowiak, Washington State University's inaugural dean for the Elson S. Floyd College of Medicine, is carrying on the legacy of the medical school's namesake by implementing a few innovative ideas of his own. Tomkowiak, whose medical backgr

Liberty Lake's Guardian Angel Homes: Designed to feel small

Retirement complex highlights intimate setting

February 11, 2016

Mike McLean

While more than 100 residents currently live in the 6.6-acre Guardian Angel Homes Liberty Lake retirement complex, its facilities are designed to feel small and homelike, says Joan Estudillo, administrator of the Liberty Lake campus. The care facilities,