News
Leasing and Development
Sep/03/2014

New Tenants move into The Park

Inland Northwest Business Watch

www.inlandnwbusiness.com
inlandbusiness@yahoo.com

This just in from the people operating the Spokane Business & Industrial Park in Spokane Valley. They have a couple of new tenants who've moved into space there, creating more local jobs.

Here are those new tenants and their info straight from Crown West Realty and The Park -

Appliance Recycling Outlets, LLC has leased approximately 4,800 square feet of space in Building 2 in the Spokane Business & Industrial Park. Their primary business is warehousing of appliances.

Mission Foods, in the tortilla and chip distribution business, has leased approximately 12,600 square feet of space in Building 33 in the Spokane Business & Industrial Park.

Watch for more tenant news coming from the Spokane Business & Industrial Park. For info on The Park, including leasing / sales visit their web site at- www.thepark.biz.

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Leasing and Development
Jun/29/2014

Walker's Furniture expands facilities

Here's the Dirt Weekly Report
The Spokesman Review

Walker's Furniture & Mattress is completing a 35,000-square-foot expansion of its distribution center and warehouse at the Spokane Business & Industrial Park in Spokane Valley.

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The Spokane-based retailer is expanding because of fast growth in sales and of its mattress line, says co-owner Gary Absalonson.

The company moved its then-120,000-square-foot warehouse into the business park in 2013. Continuing growth led to the expansion into a vacant building next door.

The company has more than 160 employees, with 54 of them at the distribution center, Absalonson said.

Started in 1980, the privately owned company now has 12 locations in the Inland Northwest, the Tri-Cities, Yakima, Walla Walla, Wenatchee and Eastern Oregon.

The original founders, Pam and Mark Walker, are also co-owners along with Absalonson and Adam McDaniel.

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Leasing and Development
May/22/2014

Valley distribution center eyes $5 million addition

Journal of Business

By Mike McLean
mikem@spokanejournal.com

509.334.1266


Core-Mark signs 15-year lease at expanded facility


SPOKANE, WA- Core-Mark International Inc., the big San Francisco-based general merchandise distributor, is expanding its Spokane Valley distribution center with a 50,000-square-foot addition.

Including the addition, Core-Mark will occupy 150,000 square feet of floor space in the Spokane Business & Industrial Park, says Dean Stuart, director of marketing for Crown West Realty LLC, who brokered a 15-year lease for the expanded space.

Stuart says the total value of the project which will include freezer and cooler space, likely will be $5 million.

Construction is expected to start around July 1 with a project completion goal of Nov. 1, Stuart says.

Core-Mark's Valley distribution center is located in the northwest corner of The Park, and the addition will extend the west end of the building, he says.

Vandervert Construction Inc., of Spokane, is the contractor on the project, and Russell C. Page Architects PS, also of Spokane, designed it.

A Core-Mark executive couldn't be reached for comment.

Core-Mark distributes food, beverages, and sundries to 29,000 retail locations, including convenience, drug, grocery, and specialty stores.

The company's website shows the Spokane Valley center is one of 28 distribution centers Core-Mark operates throughout North America, and the only such center it operates in Washington state. The next closest Core-Mark distribution center is in Portland.

Crown West Realty owns and operates Spokane Business & Industrial Park, which is located at 3808 N. Sullivan Road and includes about 5 million square feet of leaseable space. Crown West is a real estate investment, development, and management firm with offices here and in Denver, Phoenix, Tucson, and New York.

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Leasing and Development
May/22/2014

Hydraulic concern sees growth in manufacturing

Journal of Business

By Mike McLean
mikem@spokanejournal.com

509.344.1266


ACM supplies, services equipment parts, valves


SPOKANE, WA- Advanced Concepts in Manufacturing LLC, a young Spokane Valley manufacturing equipment service and supply company, has grown fourfold since its first year of operation and expects that growth to continue as the economy improves, says Eric Wellington, vice president and principal in the company.

The company's main focus is repair and maintenance of hydraulic valves, although it's also a distributor for California-based Woodard HRT Inc., which is one of a few U.S. manufacturers of servo valves, which are common components in automated manufacturing equipment.

ACM also distributes industrial-grade TCP Wire & Cable Corp. products and fabricates custom cable systems.

In addition to service and repairs, ACM can design entire hydraulic systems, including valve, power, and control components, Wellington says.

"We can look at a customer's application, and design, or help design, a complete closed-loop hydraulic system to accommodate what they're trying to do," he says.

Hydraulic systems use energy created by fluid pressure to activate mechanical motions. The valves ACM works with control hydraulic fluid flow at up to 60 gallons per minute with pressures as high as 5,000 pounds per square inch, Wellington says.

One of ACM's more popular valve models is a Woodard servo valve with onboard electronic controls. It's slightly smaller than a 1-pound coffee can and sells for $4,800, he says.

Wellington, a hydraulics specialist, and Michael Syrcle launched ACM in 2011, and had no other employees at the time. A third principal in the company, Ron Washburn, came on board a year later. ACM has seven employees today.

Syrcle's background is in injection molding, Wellington says, adding that he and Syrcle met through common customers in previous lines of work.

Washburn, a previous friend of Syrcle, has expertise in computer networking, a vital skill for integrating electronic system controls.

The company is located in the Spokane Business & Industrial Park, at 3808 N. Sullivan, where it occupies 5,600 square feet of leased space.

Behind the front office, ACM has a testing lab, repair stations, and shelves and racks for parts.

The service-and-repair area also includes a small machine shop for welding and fabricating parts.

Wellington says the company has quadrupled in size since its first year in operation, both in revenue and repair volume. The company's revenue doubled in 2013 compared to 2012 revenue, he says.

"We've been filling up the space, but we've got some room to expand," he says. "We're building a state-of-the-art test bench that will be fully automated."

ACM's growing client list has topped 150 companies across North America, ranging from injection-mold operations to sawmills, he says.

In injection-molding equipment, valves are used for many functions, including controlling the speed and pressure in which hydraulic fluid moves pistons or rams to force heated liquid materials such as plastics or metals into molds.

In sawmills, the valves adjust saw blade positions. "A computer determines where the saw blades need to be for maximum yield, and the valves adjust the blades within a few microns of accuracy," Wellington says. There are 24,500 microns in an inch.

"One sawmill produces 1.5 million board feet of lumber a day using our valves," Wellington says.

He says he expects ACM's growth to continue, especially if the economy continues to improve.

"Everybody's picking up," he says, "Injection molding has been steady, steel and aluminum production is going up, and lumber-mill production is way up. It's the same with particle board and plywood manufacturers."

Wellington says most of the company's new business comes through word-of-mouth references and occasional outside sales.

The company advocates scheduled cleaning and calibration of hydraulic valves at regular intervals of one to three years, depending on how much the equipment is used and how dirty the environment is.

"Some plants, like sawmills, don't like to stop and will run until the valve dies," Wellington says. Other customers have spare valves they can rotate into production equipment to reduce downtime while sending the worn valve for maintenance and repair.

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Leasing and Development
Apr/21/2014

Core-Mark to expand to 150,000 square feet

Spokane Valley, WA – Crown West Realty is pleased to announce the completion of a 15-year lease with Core-Mark International, Inc. for a 50,000 square foot expansion to their current distribution center within the Spokane Business & Industrial Park (The Park). When finished, the high bay, concrete-tilt building will total 150,000 square feet. Vandervert Construction has been selected as the contractor and is expected to complete the multi-million dollar project in the fourth quarter of 2014. Dean Stuart, Crown West Realty’s Director of Marketing and Sales completed the deal.

Core-Mark International, Inc. distributes food, beverages, general merchandise, and sundries to supermarkets, grocery and convenience stores.

Owned and managed by Crown West Realty, The Park is one of the region’s largest employment centers with over 120 resident companies employing in excess of 4,500 people. Over 4.5 million square feet of both dock-high and grade-level buildings rank The Park as one of the largest business and industrial complexes in the country. The expansive inventory, variety of product, ample resources, location and solution-oriented management team make The Park this area’s most flexible and valuable leasing option available.

Crown West Realty is a full-service real estate investment, development, and management firm with offices in New York City, Phoenix, Denver, Tucson and Spokane. Crown West owns and manages approximately eight million square feet of office, industrial and mixed-use properties, as well as 6,000 residential lots in Arizona and Nevada.

For more information about this project or any of Crown West Realty’s properties, please contact Dean Stuart at 509-924-1720 or dstuart@crownwest.com.

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Leasing and Development
Jan/16/2014

Distribution & delivery companies move to The Park

Journal of Business - Real Estate Roundup

By Mike McLean
mikem@spokanejournal.com


SPOKANE, WA- Ritchie Trucking Service Inc., of Fresno, Calif., has leased 9,600 square feet of warehouse and distribution space in the Spokane Business & Industrial Park, at 3808 N. Sullivan. Chase Breckner, of Crown West Realty LLC, handled the transaction.

CBC Moving Inc., a Portland-based moving and delivery service, has leased 4,000 square feet of space in the Spokane Business & Industrial Park for a new Spokane-area outlet. Chase Breckner, of Crown West Realty LLC, handled the transaction.

Wolf Home Operations Inc., a Spokane Valley furniture and appliance delivery service, has leased 4,000 square feet of floor space in the Spokane Business & Industrial Park and has moved there from smaller space elsewhere in SBIP. Chase Breckner, of Crown West Realty LLC, handled the transaction.

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