Posted on October 02, 2003
Staff writer, Spokesman Review
Huntwood Industries Inc. will lease another 60,000 square feet of building space in the Spokane Industrial Park.
The rapidly growing cabinet maker already leases about 260,000 square feet in the park along Sullivan Road.
Dean Stuart of Crown West Realty declined to discuss the terms of the lease. He did say the industrial park prefers five-year leases.
Huntwood has been searching for a suitable location to expand its operations. With 500 employees, it is among the largest manufacturers in the region and a leading employer within the city of Spokane Valley.
The company claims it is the largest cabinet maker in the Western United States.
Last month, a property firm controlled by Huntwood owner Tim Hunt purchased 67 acres of land from Agilent Technologies in Liberty Lake. The purchase has fueled speculation that Huntwood has settled on the area for a new complex.
Hunt has been unavailable for comment on the land transactions.
Within the industrial park, Huntwood operates a manufacturing center, a showroom and has offices in four separate buildings.
The newly leased space in the industrial park is in an adjacent building and suitable for whatever Huntwood needs, Stuart said.
"We're working hard to keep them here," Stuart said. "Of course we'd like to sign them to a long-term lease."
Agilent still owns about 90 acres in Liberty Lake.