About NAIBlack-Blog

NAI Black is a proven leader in commercial real estate brokerage and property management services serving the Inland Northwest market and beyond directly and through its NAI Global affiliation. Originally founded in 1958 as James S. Black & Company, NAI Black has nearly a five-decade track record of superior transactional performance and favorable outcomes for assets entrusted to our management. Under the direction of Chief Executive Officer David R. Black since 1984, NAI Black has been engineered to deliver cutting-edge services of the highest quality to its customers and serve a wide spectrum of real estate needs.

10 Things to Consider Before Hiring a Property Manager

Property Managers can be incredibly helpful, but are also a luxury that many landlords simply cannot afford. It’s true, thousands of Landlords manage their properties with very little effort – and have set up their rental businesses to run on autopilot. The trick to being an independent landlord is to first establish the proper processes, leverage available tools and resources, and [...]

By | March 19th, 2018|Property Management|Comments Off on 10 Things to Consider Before Hiring a Property Manager

NAI Black to Market and Lease the Renovated Wonder Building

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 [...]

By | March 16th, 2018|Commercial Real Estate|Comments Off on NAI Black to Market and Lease the Renovated Wonder Building

NAI Global Ranked Among Top Five Commercial Real Estate Brands in the 17th Annual Lipsey Survey

Spokane, WA - February 22, 2018: NAI Global, a leading, global commercial real estate firm, earned the top four spot in the 2018 Lipsey Survey of Top 25 Commercial Real Estate Brands. The survey was conducted among 100,000 commercial real estate professionals using a combination of ballot voting, phone interviews and focus groups to identify [...]

By | February 23rd, 2018|Commercial Real Estate|Comments Off on NAI Global Ranked Among Top Five Commercial Real Estate Brands in the 17th Annual Lipsey Survey

Are Your Properties Properly Insured?

Written by Black Commercial Inc. President, Jeff K. Johnson, SIOR, CCIM Fire and casualty insurance for commercial real estate for some property owners is an out of sight out of mind expense. Many real estate investors I know focus on getting the best premium each year at renewal and spend little time reviewing the terms [...]

By | January 24th, 2018|Commercial Real Estate|Comments Off on Are Your Properties Properly Insured?

The Positive and Negative of Commercial Real Estate Investment

NAI Black in Spokane is a firm believer in the value of commercial real estate investment. Our brokers are experienced in helping clients navigate the many pros and cons of investing or property management. Contact us to understand any of the terms or concepts outlined below. Spokane is experiencing a growth in commercial development and [...]

By | January 18th, 2018|Commercial Real Estate|Comments Off on The Positive and Negative of Commercial Real Estate Investment

Fujiyama Japanese Steakhouse to anchor new strip mall in Liberty Lake

Article originally appeared on Inland Northwest Business Watch In case you missed the news a small chain of Hibachi style grill restaurants is opening a new location in Liberty Lake. The restaurant , which is called Fujiyama Japanese Steakhouse has already been under construction for a little while now. But, while many are aware of [...]

By | December 19th, 2017|Commercial Real Estate|Comments Off on Fujiyama Japanese Steakhouse to anchor new strip mall in Liberty Lake

Matilda Apartments, Prime Living in Spokane’s University District

Located in the heart of Spokane's University District, The Matilda offers an incredible location next to the Gonzaga campus; the Spokane Riverpoint Eastern Washington University, Washington State University, and University of Washington campuses; quick access to the downtown Spokane nightlife; and amazing recreational opportunities on the nearby Centennial Trail. You’ll love living at Spokane’s newest [...]

By | December 16th, 2017|Property Management|Comments Off on Matilda Apartments, Prime Living in Spokane’s University District

SOCIETY OF INDUSTRIAL AND OFFICE REALTORS® (SIOR) INDUCTS JEFF K. JOHNSON AS BOARD MEMBER-AT-LARGE

Jeff K. Johnson, SIOR, CCIM, President at NAI Black in Spokane, WA, was recently inducted into the Society of Industrial and Office Realtors® (SIOR) Board of Directors to serve a two-year term as a Board Member-at-Large. The induction took place during the October SIOR Fall World Conference in Chicago, Illinois. Mr. Johnson is the President [...]

By | November 30th, 2017|People Spotlight|Comments Off on SOCIETY OF INDUSTRIAL AND OFFICE REALTORS® (SIOR) INDUCTS JEFF K. JOHNSON AS BOARD MEMBER-AT-LARGE

Have You Set Your Real Estate Investment Goals for 2018?

I was recently talking with a young real estate investor about his long term investing goals.  He shared with me that his long term goal was to acquire residential rental properties that would generate him $4,000 per month in cash flow.  He said that he was not concerned about long term appreciation or what his [...]

By | October 17th, 2017|Commercial Real Estate, Property Management|Comments Off on Have You Set Your Real Estate Investment Goals for 2018?

NAI Black Brokers Opportunity Shopping Center Deal

NAI Black recently brokered the sale of the Opportunity Shopping Center at 12109 E Sprague in the Spokane Valley. The 69,400 square foot retail building is home to Grocery Outlet and Dollar Tree and has lease opportunities available.   The building sold for $5.3 million with agent Kaitlin Caudle representing the buyer, M3K LLC of [...]

By | October 13th, 2017|Commercial Real Estate|Comments Off on NAI Black Brokers Opportunity Shopping Center Deal