News
Leasing and Development
Feb/11/2016

Click Distributing nearly doubles space

Wine, beer, and hard alcohol distributor Click Distributing East has nearly doubled its square footage after moving to new space in the Spokane Business & Industrial Park, at 3808 N. Sullivan Road in Spokane Valley. Terry Nichols, Click Distributing co-owner and general manager, says the company moved in September to its 40,000-square-foot space in the industrial park from a 21,000-square foot space in the same complex. “We were already tight in our old space and just couldn’t take on any more product,” Nichols says. The distributor now has 4,000 square feet of refrigeration space, compared with its previous 1,200-square-foot cooler. Click Distributing East, locally owned since 2002, has a total of 31 employees, with 16 full-time sales representatives taking orders from across Eastern Washington and North Idaho, Nichols says. He says the beverage market in the Pacific Northwest—fueled by dramatic changes in the food market—made it necessary for the company to secure more space. “Seattle and Portland have the highest craft beer sales in the U.S.,” Nichols contends. “The food and beverage culture has evolved tremendously in our area and that has been a direct result of so many innovators in both industries.” He adds, “This is a rich climate and a diverse climate agriculturally, and we’re starting to see that really take hold in food and beverage.” —Kevin Blocker - See more at: http://www.spokanejournal.com/local-news/small-bus...

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Acquisition and Investment
Feb/11/2016

Land Advisors Organization - Tucson Closes $1.6M Lot Deal in Gladden Farms

Press Contact:
Theron Neff
Land Advisors Organization
tneff@landadvisors.com
(480) 483-8100

Land Advisors Organization – Tucson Closes $1.6M Lot Deal in Gladden Farms

TUCSON, AZ, January 5, 2016 — The Tucson office of the Land Advisors® Organization (LAO), a premier nationwide land brokerage firm, announced today the successful closing of 89 platted and engineered lots in the Gladden Farms master planned community. Located along Tangerine Farms Road just west of Interstate 10 in Marana, Arizona, the Gladden Farms community consists of over 1,250 homes situated within lushly landscaped greenbelts.

Land Advisors Organization brokers Will White and John Carroll negotiated this transaction, representing the seller.

The platted and engineered lots were sold by Gladden Phase 1, LLC and was purchased for $1,682,100, by Meritage Homes. Development activity on the lots is expected to start immediately.

For additional information regarding this transaction and land trends occurring in the Tucson area, contact either Will White: wwhite@landadvisors.com or John Carroll: jcarroll@landadvisors.com at (520) 514-7454.

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The Land Advisors Organization specializes in innovative land brokerage through deep market insight and unparalleled client relationships. With an exclusive focus on land, the Land Advisors Organization integrates current comprehensive information, cutting-edge technology and geographically specialized professionals to help our clients identify and capitalize on valuable opportunities in all kinds of economic environments.

The Land Advisors Organization employs a true collaborative brokerage model with offices located throughout Arizona, California, Florida, Idaho, New Mexico, Nevada, Utah, Texas and Washington.


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Leasing and Development
Oct/06/2015

Click Distributing East relocates to new bigger distribution center

Inland Northwest Business Watch
www.inlandnwbusiness.com

SPOKANE, WA- The wine and craft beer industry continues to be a strong spot in our local economy, which likely plays a big part in the recent relocation and expansion of Click Distributing East's distribution center and office's in the Spokane Business & Industrial Park. However they didn't move very far, Click moved from building 18 to building 29 still in the Business Park. But there space is now much larger, in fact the new space is almost double the size of their old space. Click had occupied 21,000 square feet and now has 40,000 square feet.

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Leasing and Development
Sep/23/2015

Avesis signs lease for 55,000+ SF at Corporate Center

AZ Big Media
www.azbigmedia.com

PHOENIX, AZ- Cushman & Wakefield has announced that locally based Crown West Realty has leased 55,501 square feet to Avesis Inc. for the new tenant’s corporate headquarters at Corporate Center, located at 10400 N. 25th Ave.

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Leasing and Development
Aug/27/2015

Lamination Technologies Industries Inc.

Journal of Business

Real Estate Roundup
Compiled by Mike McLean / mikem@spokanejournal.com


SPOKANE - Lamination Technologies Industries Inc., a White City, Ore.-based manufacturer of laminated panels, doors, and decorative components, has leased 40,000 square feet of space in the Spokane Business & Industrial Park, at 3808 N. Sullivan Road, and has moved its Spokane-area operations there from similiar-sized quarters at 1611 N. Molter Road. Chase Breckner of Crown West Realty LLC, handled the lease.

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Leasing and Development
Jul/16/2015

Shower Enclosures opens new distribution center

Journal of Business
Real Estate Roundup
Compiled by Mike McLean / mikem@spokanejournal.com


SPOKANE - Hoskin & Muir Inc., a Livermore, Calif.-based specialty distributor doing business as HMI/Cardinal Shower Enclosures, has leased 13,300 square feet of space for a new distribution center in the Spokane Business & Industrial Park, at 3808 N. Sullivan Road.. Chase Breckner of Crown West Realty LLC, handled the lease.

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Leasing and Development
Jul/09/2015

Cosentino Center to move to larger quarters in Valley

Journal of Business

Real Estate Roundup
Compiled by Mike McLean / mikem@spokanejournal.com


SPOKANE - C&C North America Inc., a Sugarland, Texas-based distributor and retailer of natural and manufactured stone surfaces, doing business here as Cosentino Center, has leased 22,600 square feet of space in the Spokane Business & Industrial Park, at 3808 N. Sullivan, and plans to move its Spokane Valley operations there in August from smaller quarters at 10717 E. Montgomery Drive. Chase Breckner of Crown West Realty LLC, handled the transaction.

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Leasing and Development
May/11/2015

Hytest Safety leases Sullivan Road site

The Spokesman Review

Spokesman.com

Treva Lind, correspondent


The Dirt:

BC Sales Co., doing business as Hytest Safety Footwear, has leased about 1,250 square feet of space at 3012 N., Sullivan Road, in the Spokane Business & Industrial Park. The company provides industrial safety footwear and safety supply sales.

Chase Breckner of Spokane BUsiness & Industrial Park assisted with the lease..

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Leasing and Development
May/07/2015

Spokane Industries taps niche

Journal of Business
By Kim Crompton


SPOKANE, WA-Spokane Industries, Inc., the longtime castings and metal fabricated product manufacturer here, says it's experiencing mostly steady sales growth companywide and finding encouraging market expansion opportunities in its custom stainless steel fabrication division.

In particular, it points to the successes it's had to date in tapping niche demand for large beverage tanks that it's producing for storing and processing wine, beer, and spirits, and for its mobile aviation vacuum fuel drain systems.

One of its newest products targeting the wine industry is the CleanSweep No Entry Fermenter, which it makes available on tanks of 25-ton capacity or larger. The system enhances worker safety and improves efficiency, the company says, by removing pulpy grape residue mechanically with the touch of a button, eliminating the need for workers to enter the tanks and clean them manually.

Introduced two years ago with a 10-tank installation at the 14 Hands Winery in Prosser, Wash., Spokane Industries says it now is fabricating eight more tanks for 14 Hands and seeing strong demand for the product from other sizable wineries.

"We think it's truly a groundbreaking product," says Greg Tenold, president of Spokane Industries. "These tanks are just plain more efficient."

Meanwhile, the company says it also is seeing a lot of strong customer demand for its SealVac Vacuum Fuel Drain System, which is a mobile unit designed to drain fuel from military and commercial aircraft quickly and with no fuel spills.

"We see it as a big market oversees," Tenold says.

To be sure, these two products - both manufactured in its metal products division, where the company does custom stainless steel fabrication work - still represent just a fraction of its total production. That division also manufactures other products, and the company has two other divisions - steel castings and precision castings - that continue to produce components for a broad range of industrial and defense applications.

In fact, the steel castings division, which is the company's oldest division, still generates about two-thirds of the company's revenue. The division focuses on making metal castings of parts for the construction, mining, and transportation industries, among others.

Tenold declined to discuss the company's revenues, but says that aside from a couple of years over the last decade or so, "In general, we've experienced good steady growth in all three of our divisions."

Spokane Industries occupies a total of about 265,000 square feet of space in five buildings in the northeast corner of the Spokane Business & Industrial Park, at 3808 N. Sullivan. It now employs 269 people, which is down slightly from 278 last year, but up from about 250 10 years ago, when it reported annual sales of more than $26 million.

The company was founded here in 1952 as Spokane Steel Foundry by the late John C. Tenold to provide quality castings to mines, ore mills, and the lumber and construction industries. It moved to the Spokane Industrial Park in 1965. It established the metal products division in 1978 and changed its name to Spokane Industries in 1981 to better reflect its two divisions. It created the precision castings division in 1991 to provide what are called investment castings - often small wear parts, formed using wax and ceramic molds - for commercial, medical, industrial, and manufacturing applications.

The company now is owned by three of the founder's sons - Greg, Bob, and Tyrus. Bob is company chairman, and Tyrus is president of the casting division.

"We run it as a board. It's run collectively," Greg Tenold says.

The company says on its website that, along with its second-generation ownership, it also has many second- and third-generation employees.

Though Spokane Industries uses longtime processes for much of its metal fabrication work, Tenold says it employees a large team of engineers, invests continuously in research and product development, and has been awarded numerous patents.

Of its steady emphasis on innovation, he says, "It's part of our culture. It's definitely not top down. It's, 'How can we make things better?'"

In its metal products division, it has been making large custom stainless steel tanks for years, but division manager Nate Batson says the CleanSweep No Entry Fermenter targeted at the wine industry is "a unique product we have that no one else has."

It uses a precisely engineered sweep arm, driven by a hydraulic motor-gearbox combination, to remove sediment from the large tanks and to make tank-cleaning a one-person job, he says. Since the cleaning operation is done from outside the tank, workers no longer are exposed to hazards associated with breathing concentrated carbon-dioxide in a confined space.

Although the company has been producing custom stainless steel tanks for years for things such as wine, beer, spirits, water, and industrial chemicals, it says it's just starting to produce them for the dairy industry, and Tenold says, "We're placing a big emphasis on that."

As for its SealVac Vacuum Fuel Drain System, Spokane Industries says it's hoping to continue to expand sales commercially and overseas after having established strong relationships with military customers.

"It took us a long time to get the Air Force comfortable with attaching something to their aircraft (that can quickly drain fuel), but they've come to learn that it's very safe, and it's very efficient and it's a great time save for them," Tenold says.

The SealVac attaches to aircraft sump points with drain tools that use a compressed air-generated vacuum seal. The drain hose that attaches to the system is able to drain fuel into a holding tank much faster than gravity, potentially saving hours of time that an aircraft is idled for maintenance, Tenold and Batson say. It also prevents the fuel from spilling onto maintenance workers' clothing or skin, thereby eliminating a potential health hazard, they say.

Spokane Industries says users of its SealVac system include virtually all U.S. military branches, some foreign countries' air forces, and a sizable number of major aircraft manufacturers and air carriers.

Other related products it makes include the SealVac Plus Vacuum Fuel Drain and Recovery System, which filters drained fuel for reuse; a HandiFueler Ground Support Service Card, which is designed to service aircraft fuel, fluid, and tire needs in a single trip; and the HandiFueler Helicopter Maintenance Cart.

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Acquisition and Investment
May/01/2015

True North/Crown West drops $29.925 million for office/flex space at Cotton Center

BREW
Business Real Estate Weekly of Arizona
www.brewaz.com

Phoenix, AZ - A joint venture formed by True North Management Group in White Plains N.Y. (Desmond McGowan, principal) and Crown West Realty, LLC in Phoenix (Bob Olshan, pres.) paid a combined $29.925 million ($113.15 per square foot blended average) to acquire 264,424 sq. ft. of office and flex space located within the Cotton Center business park in Phoenix.

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