Some, however, will be earmarked for expansion of one of the company's three branches, its hotel chain. As to WestCoast's growth strategy, "We will look at opportunities to construct or purchase existing properties, but our primary source of growth will be through franchises and management contract," Barbieri tells GlobeSt.com. In some cases, the company may participate in "sliver ownership," taking up to a 20 percent interest.

While WestCoast intends to remain as the primary tenant, a key property slated for disposition is its 100,000 sf six-story headquarters, the WHC Building at 201 North River Drive in downtown Spokane. A second Spokane office property to be sold is the 235,000 sf Crescent Building at 707 W. Main St. Unlike the headquarters, which was built sometime in the 1980's, the seven-story Crescent is a redeveloped historic building originally built in the early 1900's. The third major property up for sale is a shopping mall in Kalispell, Mont. largest assets WestCoast will sell. Bill Palmer, heading a group with the Sacramento office of CB Richard Ellis, will broker the deals these properties.

WestCoast also plans to liquidate surplus raw land adjacent to several of its hotel properties scattered throughout nine states in the western U.S.