SVN Cornerstone Announces Sale of 6th Ave Office Building
Spokane, WA February 13, 2023 SVN Cornerstone is pleased to announce the sale of 1717 W 6th Ave for $1,300,000. At the time of sale this 10,400 sq ft class B office building was only 50% occupied. The buyer is pleased to purchase such a well maintained building just...
2023: The Year of Seller Financing in Multifamily
By: Nate Gant, SVN Cornerstone Advisor As interest rates climbed in 2022 and Spokane rents hit a ceiling in September 2022, we observed that what buyers could pay for a property decreased. Despite this, Seller’s price expectations remained the same. To resolve...
Vital Healthcare Training to Open on N Nevada St
Spokane, WA February 6, 2023 SVN Cornerstone is pleased to have represented Vital Healthcare Training in securing space to lease at 6704 N Nevada St. The Spokane area, like many others, is facing a healthcare labor shortage. Schools and facilities that provide...
Industrial Market Snapshot with Omar Sadaoui
The MSCI Real Assets December CPPI Report puts commercial pricing into perspective. There are some staggering growth metrics to reflect on: Industrial real estate continues to outperform other sectors 170.4% 10 Yr growth (for those who bought in 2012, these are...
Retail Brands To Watch In 2023
By Cameron Williams, Director of Research, SVN International Corp. In 2022, brick-and-mortar retailers faced challenges such as a looming recession and record inflation, which greatly affected consumer confidence. Despite these challenges, a particular type of...
Mango Tree Indian Kitchen to Open on South Hill
Spokane, WA January 16, 2023 SA5 Restaurant Group has leased the former Fire and Ice Lounge space at 2912 E Palouse Hwy, at the “Regal Plaza at the Palouse” shopping center. The new restaurant at this location will be a Mango Tree Indian Kitchen and Taphouse, with...