March 16, 2022
SVN Cornerstone is proud to announce the leasing of 1005 N Fancher Rd in the Spokane Valley. The new tenant, Suburban Propane, L.P., will operate a propane filling and distribution station.
Suburban Propane identified the Spokane, WA market as part of a larger strategic expansion plan. They recognized the need for a reliable propane supplier that offered excellence in service and competitive pricing, and chose the lot on North Fancher due to its convenient access and ideal positioning in the heart of Spokane’s industrial corridor. This location will not be open to the public as it will spearhead new refill stations and work to supply new local customers.
Suburban Propane looks forward to continued expansion into new service areas across the United States.
SVN Cornerstone broker Guy D. Byrd represented the landlord in this transaction, and Kevin Edwards of Hawkins Edwards Inc. represented the tenant.
About SVN® Cornerstone
SVN Cornerstone is a nationally-linked brokerage, property management and leasing services company with a primary market area focus in Eastern Washington and Northern Idaho. With affiliated SVN offices throughout the United States and abroad, SVN Cornerstone offers clients the breadth of exposure they would experience with the biggest corporate firms but with the nimbleness that comes from being an independently-owned company. Led by a designated broker regarded as one of the top professionals in his field, Guy D. Byrd has become established as a Commercial Real Estate expert in The Pacific Northwest. For more information about SVN® Cornerstone visit https://svncornerstone.com
About Suburban Propane
Suburban Propane Partners, L.P. is a publicly traded master limited partnership listed on the New York Stock Exchange under the ticker symbol SPH. Headquartered in Whippany, New Jersey, Suburban has been in the customer service business since 1928 and is a nationwide distributor of propane, renewable propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity and an investor in low carbon fuel alternatives. The Partnership serves the energy needs of approximately 1 million residential, commercial, governmental, industrial and agricultural customers through approximately 700 locations across 41 states. The Partnership is supported by three core pillars: (1) Suburban Commitment – showcasing the Partnership’s 90+ year legacy, and ongoing commitment to the highest standards for dependability, flexibility, and reliability that underscores the Partnership’s commitment to excellence in customer service; (2) SuburbanCares – highlighting the Partnership’s continued dedication to giving back to local communities across the Partnership’s national footprint and (3) Go Green with Suburban Propane – promoting the clean burning and versatile nature of propane and renewable propane as a bridge to a green energy future and developing the next generation of renewable energy.
For additional information on Suburban Propane, please visit www.suburbanpropane.com.
SVNC Contact: Karli Schwab