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|NAI Black|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

Downtown Spokane Sees a Commercial Development Renaissance

The health of any city lives and breathes with the health of the downtown core. Healthy downtowns bring in commercial development for office space, retail businesses, condominium and high density residences and are a draw for tourism. Downtown Spokane has been through several renaissance periods over the years ranging from the creation of Riverfront Park [...]

By | October 4th, 2017|Spokane Business News|Comments Off on Downtown Spokane Sees a Commercial Development Renaissance

Voting is Open for Spokane Mayor’s Urban Design Awards

2017 marks 10 years the City of Spokane has been celebrating the Spokane Mayor's Urban Design Awards. These biennial awards highlight the importance of creative thought, technical proficiency, and the relationship of good urban design to our city's economic health and overall well-being. Mayor Condon will announce the awards; and award winners will receive a [...]

By | September 29th, 2017|Spokane Business News|Comments Off on Voting is Open for Spokane Mayor’s Urban Design Awards

NAI Black is a Proud Sponsor of Beyond Pink

One in eight women will be diagnosed with invasive breast cancer in their lifetime. Beyond Pink is the result of two women who wanted to celebrate the technology called Thermography and its powerful ability to aid in the early detection of breast disease. Their goal, was not just to raise awareness, but to help provide [...]

By | September 27th, 2017|NAI Black|Comments Off on NAI Black is a Proud Sponsor of Beyond Pink

NAI Black Broker Negotiates Multi-Tenant Deal for Former Albertsons

When the Albertsons on the corner of Northwest Blvd and Ash in North Spokane went vacant many residents expressed concern. Soon after the property became a haven for transients and received multiple complaints about drug use, lewd behavior and other illegal activity. Abandoned Albertsons was once a source for community problems   NAI [...]

By | September 19th, 2017|Commercial Real Estate|Comments Off on NAI Black Broker Negotiates Multi-Tenant Deal for Former Albertsons