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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
They say that one man's trash is another man's treasure. This old saying applies to real estate as well as personal property. I have found over the years that if you study the real estate market and know where to look there are always some real estate investment gems to be found. This reminds me of [...]
Investors regularly ask me the question, "Will this property be a good real estate investment?" Let’s examine the theory of good and bad real estate investments. I purchased some parcels of industrial land 35 years ago in an area my partners and I thought would experience steady growth. The growth we anticipated did not [...]
