Crown West Realty announces distribution center
Crown West Realty, LLC is pleased to announce the completion of a 12-year lease with American Tire Distributors, Inc. for a 110,000 square foot distribution center. The high bay, concrete-tilt, build-to-suit facility will be located at the corner of Sullivan Road and Euclid Avenue within the Spokane Business & Industrial Park (The Park), in Spokane Valley, Wash. Dean Stuart, Crown West Realty’s Director of Marketing and Sales, along with Adam Faulk and Rebecca Barker of Jackson & Cooksey, Inc., a Dallas, Texas based brokerage firm, completed the deal.
The 110,000 square foot, 30 foot tall facility represents a major expansion in this area for American Tire Distributors, a national tire and wheel distributor with over 80 distribution centers across the country.
Vandervert Construction has been selected as the contractor and is expected to complete the multi-million dollar project in the first quarter of 2012.
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, and Spokane. Crown West Realty manages a series of discretionary investment funds totaling over $200 million of equity and owns and manages land development investments together with eight million square feet of office, industrial, and mixed-use properties nationwide.
For more information about this project or any of Crown West Realty’s properties, please contact Dean Stuart at 509-924-1720 or firstname.lastname@example.org.