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Pacific Steel plans new facility in East Spokane > Spokane Journal of Business

Pacific Steel plans new facility in East Spokane > Spokane Journal of Business
spokanejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spokanejournal.com Daily Mail and Mail on Sunday newspapers.

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California investment group acquires North Side complex for $34.4M > Spokane Journal of Business

California company plans to renovate 300-unit property
-KEVIN BLOCKER
Aaron Hein and Alyssa Agee have opened a waffle house in a downtown space that most recently housed The Observatory bar and before that, The Blue Spark.
San Clemente, California-based Next Wave Investors LLC has purchased the 300-unit Serrano North and Serrano South apartment complexes in Spokane, which the investment company plans to renovate.
The property, which totals about 157,700 square feet of space, is located at 121 E. Wedgewood, about a mile north of the NorthTown Mall and just east of the former Lowe’s store site, at 6902 N. Division.
The complexes sold for $34.4 million, according to the Spokane County Assessor’s Office. ....

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Gonzaga ministry sells properties near campus > Spokane Journal of Business

Organization reevaluates its offerings in Spokane
The Mater Dei Ministry Institute at Gonzaga University has sold its seven-property residential portfolio and is reevaluating how the nonprofit will serve students moving forward, says program director Shonna Bartlett.
The portfolio included seven buildings on contiguous lots in the 400 blocks of East Sinto and East Mission avenues that were sold to five different buyers for a total of $4.3 million, Spokane County Assessor’s Office records show.
Stephen Barbieri and Alicia Barbieri, of Goodale & Barbieri Co. represented the institute in the transaction.
The largest of the buildings, the 17,300-square-foot, 14-unit residential building at 405 E. Sinto, which also houses the institute’s offices, sold to the Spokane-based Bishop White Seminary for $1.4 million, according to Spokane County Assessor’s records. ....

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Washington Senate proposal would limit claims on school levies

Washington Senate proposal would limit claims on school levies
By Kip Hill, , The Spokesman-Review, Spokane, Wash. (TNS),
Published: February 3, 2021, 10:00am
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A group of state lawmakers wants to limit the pitches school districts can make to voters for more taxpayer money.
Many of the school districts in the state seeking levy changes on Tuesday’s special elections ballot emphasize that property owners will merely extend an existing tax by voting in favor.
But that extension, in almost every instance, will lead to higher property tax payments in 2022 and beyond. A bill under consideration in the state Senate would prevent districts from using language that has been common in messaging about the levies from school districts themselves, specifically the terms “replacement levy,” “not a new tax” or “same rate.” ....

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Former Hazen & Jaeger Funeral Home building on Monroe Street sells for $1.1 million

The former Hazen & Jaeger Funeral Home building on Monroe Street has been sold to a buyer who plans to retain the historic character of the structure while redeveloping its interior.
AJB Monroe Operating Company LLC, whose principal is Benjamin Milbrath, purchased the 30,000-square-foot, two-story building at 1306 N. Monroe St. in November for $1.1 million, according to data from the Spokane County Assessor’s Office.
“I happened to be driving down Monroe (Street) and it just caught my eye,” Milbrath said, referring to the historic building. “I thought if I could get into it at the right price point, it looked like a great opportunity.” ....

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