Summit's Russ Johnson tells GlobeSt.com he is proud of the fact that it has taken the company only four years to sell all 99 acres in the center, while the entire remainder of the Spokane/Coeur d'Alene I90 corridor averages only 15 to 20 acres absorption per year. Johnson attributes part of the success to a high-tech infrastructure that includes fiber optics. According to Johnson, improvements will run in the range of $75 million when all is said and built.

The first tenant in the development was a Land Rover dealership. Since then, the center has attracted high-quality companies such as the Fortune 500 medical company, Bergen Brunswig, which built a 55,000-sf medical device warehouse. High-tech residents include Cabletron Corp., a competitor of Cisco Systems, which recently completed its 24,000-sf office/technology building, and Spokane-based MEI Corp., a security systems and sensitive data storage firm.

Liberty Lake Medical Center built a 40,000-sf facility, half of which is leased to Valley Hospital for an outpatient care center. Accra-Fab, a Liberty Lake-based sheet metal fabricator, purchased 23.48 acres here for its new manufacturing facility and headquarters. Of the total 300,000 sf planned, Johnson says 150,000 sf is near completion.

Other Liberty Lake Center landowners include Steve Schmautz, who is developing several small office buildings. And, the last 22 acres is in the process of being sold to a major developer who is planning to build class A office buildings, according to Johnson. However, he was unable to divulge the name of the buyer at this time.

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