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Journal of Business
Real Estate Roundup
Compiled by Mike McLean / mikem@spokanejournal.com

Brett Bros. Sports International Inc.'s subsidiary BrettHand Inc., a Spokane Valley vendor and distributor of licensed, oversized, finger-pointing foam hands with promotional sleeves, has leased 40,000 square feet of warehouse and office space in the Spokane Business & Industrial Park, at 3808 N. Sullivan, and has moved there from smaller quarters at 9514 E. Montgomery. Chase Brackner, of Crown West Realty LLC, handled the transaction.

Journal of Business

Real Estate Roundup
Compiled by Mike McLean / mikem@spokanejournal.com

JRS Investments LLC, a new golf products retailer and distributor doing business as The Golfmen, has leased 4,000 square feet of space at the Spokane Business & Industrial Park, at 3808 N. Sullivan. Chase Brackner, of Crown West Realty LLC, handled the transaction.

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info@spokanehowsbusiness.com

Advanced Concepts in Manufacturing, LLC has leased approximately 5,600 square feet of space in Building #2 of the Spokane Business & Industrial Park at 3808 N. Sullivan Road, Spokane Valley. Their primary business is the repair of manufacturing equipment. Michael Syrcle is the Managing Partner.

www.seattle.dbusinessnews.com

Crown West Realty, LLC is pleased to announce the completion of a 12-year lease with American Tire Distributors, Inc. for a 110,000 square foot distribution center. The high bay, concrete-tilt, build-to-suit facility will be located at the corner of Sullivan Road and Euclid Avenue within the Spokane Business & Industrial Park (The Park), in Spokane Valley, Wash. Dean Stuart, Crown West Realty’s Director of Marketing and Sales, along with Adam Faulk and Rebecca Barker of Jackson & Cooksey, Inc., a Dallas, Texas based brokerage firm, completed the deal.

The 110,000 square foot, 30 foot tall facility represents a major expansion in this area for American Tire Distributors, a national tire and wheel distributor with over 80 distribution centers across the country.

Vandervert Construction has

Industrial park will build new distribution center

July 29, 2011
The Spokesman Review
By Tom Sowa / toms@spokesman.com, (509)459-5492

One of the nation's largest tire distributors will lease a 110,000-square-foot warehouse that will be constructed inside the Spokane Business & Industrial Park.

American Tire Distributors, based in Huntersville, N.C., will move into the building at 15530 E. Euclid Ave. sometime next year.

The land, at Sullivan and Euclid, is owned by Crown West Realty, which also manages the business park in Spokane Valley.

American Tire has signed a 12-year lease on the property. Developing and building the 30-foot-tall warehouse will run more than $7 million, said Dean Stuart, marketing and sales director for Crown West.

One building at the site is being demolished to prepare for construction, Stuart said.

American Tire sells

Journal of Business

Mike McLean / mikem@spokanejournal.com

The Spokane Business & Industrial Park says it recently has leased a total of more than 200,000 square feet of floor space to seven new tenants, including manufacturers and companies that service them, and companies that need new distribution centers.

The new leases will bring the occupancy rate at the roughly 5 million-square-foot complex to 91 percent, says Dean Stuart, the SBIP's marketing director.

"The amount of square footage of new deals so far this year will exceeds all of last year," Stuart says.

Of the new tenants, manufacturers are taking the largest spaces, he says.

"Manufacturers seem to be turning the corner and gearing up for better times ahead," Stuart says.

One new tenant, Haakon Industries Inc., a Richmond, British Columbia-based heating, ventilation, and

Ed Clark's How's Business

Spokane Edition
Ed Clark / info@spokanehowsbusiness.com

Waterglider, LLC. has leased approximately 4,000 square feet of space in Building #12 of the Spokane Business & Industrial Park at 3808 N. Sullivan Road, Spokane Valley. Their primary business is distribution of books and toys.

Oregon Metal Slitters has leased approximately 40,000 square feet of space in Building #27 of the Spokane Business & Industrial Park at 3808 N. Sullivan Road, Spokane Valley. Their primary business is steel processing and distribution.

Pyrotek Incorporated has leased approximately 40,000 square feet of space in Building #27 of the Spokane Business & Industrial Park at 3808 N. Sullivan Road, Spokane Valley. Their primary business is manufacturing.

Townshend Cellar, Inc. has leased approximately 12,000 square feet of space in Building #1

Here's the Dirt Weekly Report

The Spokesman Review

Marquez, Inc., doing business as Oregon Tile & Marble, is leasing 15,750 square feet at the Spokane Business & Industrial Park, 3808 N. Sullivan Road. It's a wholesale distributor of stone, ceramic tile and related products.

Haakon Industries Inc. is leasing 40,000 square feet in another building at the Spokane Business & Industrial Park. The company provides custom HVAC systems.

www.phoenix.dbusinessnews.com

Phoenix – Petrus Partners Ltd. (“Petrus”), in association with Voyager Investment Properties, LLC (“Voyager”) of Scottsdale, AZ (Mark Voigt and Dave Rogers, Principals), purchased 177 finished lots with 65 foot widths comprising the entire Artesa subdivision for $3.2 million. The seller was the F.D.I.C., as receiver for the First National Bank of Arizona, and the sale marked Petrus’ 11th acquisition of residential land in the Phoenix M.S.A. since October 2008. Brian Rosella and William French of Cassidy Turley BRE Commercial represented the seller.

Artesa is located at the intersection of Baseline Road and 41st Avenue in the Village of Laveen, an infill community within the City of Phoenix, 10 miles from Phoenix’ Central Business District. The property lies adjacent to a new and growing church and

Journal of Business

By Treva Lind
treval@spoaknejournal.com

Snack maker projects it will boost production by up to 500,000 bars a year.

SPOKANE, WA-BumbleBar Inc., a Spokane Valley-based manufacturer of gluten-free snack bars, has landed another sizable contract to create products under a private-label agreement with an undisclosed company.

BumbleBar founder and co-owner Liz Ward says the company has signed a nondisclosure agreement with the company that prevents her from divulging its name. She says, however, that once BmbleBar is in full production with that contract and another private-label contract it secured last year, it will be making between 300,000 and 500,000 additional bars annually. Currently, the company manufactures about 2 million BumbleBars a year.

"Later this year, we'd anticipate hiring more employees," she says, adding that the company