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$16-Mil Hotel-Spec Office Project for Inland Empire

SPOKANE, WA-Developers of the combination 125-room Holiday Inn and 40,000-sf Class A office building hope to capitalize on the demand in what they perceive as an underserved area of Spokane lying between the airport and downtown.

By Janet Parker | Updated on December 20, 2001

SPOKANE, WA-At last count, the California investment duo of Jack Branagh and Gaylon Patterson were holding about ten Spokane office properties in their portfolio. Their newest venture here is the development of a $16-million combination hotel/office property in West Spokane.

The investors’ developer is WAM Enterprises Inc. of Spokane, a company that has a long-standing relationship of developing for Branagh and Patterson. Bruce Miller, WAM’s VP, tells GlobeSt his company has developed about 300,000-sf worth of commercial properties for the Oakland-based investors since the early 1990′s, including the 90,000-sf Group Health complex located near the new project.

The 14-acre site at the southwest corner of Sunset Blvd. and Windsor Dr. lies between the Spokane International Airport and downtown. The hotel component alone says Miller has a projected value of $11 million. The 125-room four-story Holiday Inn is set for operation by Bramer & Associates, a hotelier out of Grand Junction, CO.

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