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Two More Build-to-Suits for 600-Acre Park

SPOKANE, WA-About 4.15 million sf of the park stands in renovated WWII supply depot buildings. But for the last several years, Crown West Realty LLC has been signing build-to-suit tenants and putting up spec construction. Now, two more projects are underway.

By Janet Parker | Updated on April 24, 2002

SPOKANE, WA-Groundbreaking is here for yet another two buildings at the Spokane Business & Industrial Park, a project of local company Crown West Realty LLC located east of the city in the Spokane Valley.

As owner and operator, Crown West has just begun construction of a $4-million 82,000-sf combination office/warehouse building at 16125 E. Euclid. And a build-to-suit for Spokane-based Chipman Moving & Storage has also broken ground. Chipman, which purchased a one-acre lot in the park along Marietta Avenue is a 30,000-sf building said to have penciled out at $1.3 million.

The Spokane Business & Industrial Park is 500 acres of a 575-acre former World War II naval supply depot, acquired by Crown West in 1996. Since then, the company has spent in the vicinity of $20 million for infrastructure, renovation of existing buildings and new construction to attract industrial tenants to more than 4.5 million sf of space.

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