NAI Black is set to market and lease the newly renovated Wonder Building. Built in 1909 the Wonder Building made Wonder bread and Hostess products up until the year 2000. A group of investors purchased the building and have invested $12 million in the renovation.
The re-development of Kendall Yards to the west was an incentive for Wonder LLC to buy the parcel, says investor Pete Mounsey. The investors were also excited about the multi-million renovation of Riverfront Park.
“The economy in Spokane seems to be strong and improving,” Mounsey said. “Businesses want to be close to downtown. …It seemed like a logical place for investment.”
The new Wonder project features three full stories and a large basement for office users. A total of 100,000 square feet of new space is geared towards growing creative companies. The space will offer high ceilings, abundant natural light and will be unique as it’s a historic over 100 year old building. Plentiful parking will be provided on site and the building will be topped by a rooftop deck featuring views of Riverfront Park and Downtown Spokane.
“We hope it becomes an iconic landmark for the city and for the north side of the river,” said Pete Mounsey, one of the partners in Wonder LLC.
For information on leasing space contact NAI Black at Phone: 509-623-1000