Commercial

Since 1997, Crown West Realty has developed approximately 1,000,000 square feet of high-bay distribution space, flex office and specialized service buildings. Currently, Crown West is working on a 500,000 SF project, the Euclid Logistics Center, which will consist of a total of four buildings, each approximately 125,000 SF. This project will feature the markets' only 36 foot clear, LEED-certified buildings within the Spokane Business and Industrial Park.

Barker Logistics Center

New Construction Multi-Tenant Warehouse/Flex

Crown West Realty, LLC ("Crown") announced its recent acquisition of a 40-acre parcel of industrial land near the corner of Barker and Euclid Roads in Spokane Valley, WA. Plans call for a multi-building industrial park, named the Barker Logistics Center, that will total approximately 500,000 square feet when complete. Crown will break ground on the first building, a 130,000 square foot LEED Certified, concrete-tilt distribution building with 36-foot ceiling height in Spring 2022. The remainder of the 40-acre parcel will be marketed for build-to-suit projects up to 350,000 square feet.

3808 N. Sullivan Road, Building 33, Spokane Valley, Washington

New Construction Multi-Tenant Warehouse/Flex

This 105,890 square foot, concrete-tilt, cross-dock building located in Crown Centre at The Park was constructed in 1997. Its features include 28-foot clear height, 135’ truck court, ESFR sprinklers and both dock and grade-level access.

3808 N. Sullivan Road, Building 35, Spokane Valley, Washington

New Construction Multi-Tenant Warehouse/Flex

This 55,040 foot, concrete-tilt, rear-loaded building located in Crown Centre at The Park was constructed in 1999. Its features include 28-foot clear height, 135’ truck court, ESFR sprinklers and both dock and grade-level access.

16311 E. Euclid Avenue, Building S-23, Spokane Valley, Washington

New Construction Multi-Tenant Warehouse/Flex

This 100,064 square foot, concrete-tilt, cross-dock building located in the Spokane Business Park was constructed in 2000. Its features include 28-foot clear height, 135’ truck court, with both dock and grade-level access.

16125 E. Euclid Avenue, Building S-24, Spokane Valley, Washington

New Construction Multi-Tenant Warehouse/Flex

This 81,322 square foot, concrete-tilt, cross-dock building located in the Spokane Business Park was constructed in 2002. Its features include 28-foot clear height, 135’ truck court, with both dock and grade-level access.

16005 E. Euclid Avenue, Building S-25, Spokane Valley, Washington

New Construction Multi-Tenant Warehouse/Flex

This 32,392 square foot, concrete-tilt, front-loaded building located in the Spokane Business Park was constructed in 2006. Its features include 24-foot clear height, 135’ truck court, with both dock and grade-level access.

3808 N. Sullivan Road, Buildings 100, 101, 102, Spokane Valley, Washington

New Construction Multi-Tenant Warehouse/Flex

These three buildings are each 20,000 square foot, concrete-tilt, rear-loaded buildings located in the Spokane Industrial Park and were constructed in 2006. Features include 24-foot clear height with grade-level access.

16619 E. Euclid Avenue, Spokane Valley, Washington

New Construction Multi-Tenant Warehouse/Flex

This 120,802 square foot, concrete-tilt, cross-dock building located in the Spokane Industrial Park was constructed in 2020. This building is LEED certified with 36-foot clear height and 135’ truck courts. This building is part of the planned state-of-the-art distribution and logistics center spanning multiple buildings called the Euclid Logistics Center.

3808 N. Sullivan Road, Building N-15, Spokane Valley, Washington

New Construction Multi-Tenant Warehouse/Flex

This 34,440 square foot, concrete-tilt office and warehouse building located in Crown Centre at The Park at The Park was constructed in 2001. Its features include 11-foot clear height in the office environment and 16’ in the warehouses with grade-level access.

15530 E. Euclid Avenue, Building S-26, Spokane Valley, Washington

Build-to-Suit Projects

This 110,622 square foot, concrete-tilt, cross-dock building located in the Spokane Business Park was constructed in 2012. Its features include 28-foot clear height, 135’ truck court, ESFR sprinklers and dock and grade-level access.

4005 & 4007 N. Industrial Park First Street, Spokane Valley, Washington

Build-to-Suit Projects

This 100,000 square foot, concrete-tilt, front-dock building located in the North Park was constructed in 2006 specifically for one of the largest distributors and marketers of consumer goods in North America. Its features include 24-foot clear height, 135’ truck courts with dock and grade-level access. In 2015, an addition was completed adding 50,000 square feet with 28-foot clear height.

3120 N. Industrial Park First Street, Building S-27, Spokane Valley, Washington

Build-to-Suit Projects

This 8,000 square foot building located in the Spokane Business Park was constructed in 2009 specifically to meet the child-care needs of employers and employees located within close proximity to The Park.

Carolinas Distribution Center, Clayton, North Carolina

Flex and Industrial Redevelopment

A four-building distribution warehouse and cold storage complex with a total of 1,128,140 square feet. Strategically located between I-40 and I-95, this rail served facility provides convenient access to the entire eastern seaboard. Repositioning efforts included construction of a new road providing direct access to the north end of the project, addition of dock doors transforming a portion of the project from a front-loaded building to a cross-dock facility, upgrades to car and trailer parking, and upgrades to the projects storm water drainage system.

Lakeview Business Center, Phoenix, Arizona

Flex and Industrial Redevelopment

The five-building, 112,800 SF, property is located in the Southbank Business Park and convenient to Sky Harbor Airport. Built in 1987, the high-image property offers great functionality for a variety of tenant needs. Extensive improvements were made to the asset including new landscaping, a new elastomeric roof overlay, new HVAC equipment, and the addition of lease-ready spec suites.

Flatiron Parkway, Boulder, Colorado

Flex and Industrial Redevelopment

Located in the master-planned Flatiron Business Park in Boulder, CO, the 95,869 SF two-story property boasts high-end finishes and a full-height glass façade providing maximum natural light and has historically attracted high-tech and financial services tenants. Repositioning efforts at the property included re-vamping interior common areas, all new finishes—including carpet, paint, furniture, and artwork, exterior grounds improvements including the removal of an obsolete water feature, new entry landscaping and parking lot resurfacing. These efforts resulted in the properties largest tenant leasing the entirety of the asset through attractive options and hard takedowns. The asset was 100% leased to IHS Markit (NASDAQ: MRKT), VISA (NYSE:V), Vexcel Imaging (Microsoft subsidiary), and Konica Minolta at the time of disposition in 2014.

Orchard Plaza, Denver, Colorado

Flex and Industrial Redevelopment

The 155,664 SF property is located in the Denver Technological Center, one of the country’s premier business and economic parks, in the heart of Greenwood Village, CO. The property consists of four one-story buildings, traditionally home to flex and light industrial tenants. During the hold period, the property was repositioned towards traditional retail uses through a strategic exterior renovation which included a new building façade, paint, new landscaping and trees, improved irrigation, and parking lot resurfacing. Updated branding included new complex and tenant signage, and activated outdoor spaces such as restaurant patios with outdoor firepits. The asset is home to retail tenants including Starbucks (NASDAQ: SBUX), a high-end appliance showroom, early childhood education, fast casual dining, health services, and a micro-brewery.

Cotton Center, Phoenix, Arizona

Office Redevelopment

Acquired in 2015 in a joint-venture with True North Management Group, the Class-A property is well-located in the Phoenix Airport submarket. The asset consists of one two-story, 116,858 SF, office building and two one-story flex buildings with 147,627 SF. All three buildings were constructed in 2000. At the time of acquisition, the office building was vacant and under parked to meet the needs of today’s back office tenants. In an effort to re-position the property, all three buildings were painted, the office building roof was replaced, and outdoor furnishings were added to patio spaces. Interior improvements included lobby renovation, new furniture, artwork, and restroom updates. To meet the parking requirements a parking garage was added bringing the parking ratio to 7/1000. White box preparation of vacant suites was also completed which provided a springboard to new leasing activity.

Camelback Center, Phoenix, Arizona

Office Redevelopment

In collaboration with Travelers (formerly St. Paul Properties), the 2001 vintage 9-story, 232,617 SF Class-A building located in the prestigious Camelback Corridor was purchased in late 2004. Prior to acquisition, the asset had underperformed the market—a high-end area for shopping, dining, hospitality, and financial services tenants—and was 40% occupied. Repositioning efforts included the addition of a building café and exterior patio enhancements, including new furniture and landscaping. Interior common area improvements included complete renovation of the main lobby as well as tenant lobby and floor finishes, improved signage, updated lighting and entrances in the parking garage. A strategic pre-build program was adopted to enhance leasing activities. At disposition, a little over two years later, the asset was 94% leased.