Why is 2015 expected to be a strong year for commercial real estate?
First quarter forecasts are particularly challenging in the commercial real estate industry. However, in 2015, there seems to be no question that the sector is stronger than it’s been in years. With...
View ArticleNAI Black Releases Year-end 2014 Market Reports
We have just released our year-end 2014 market reports for Spokane County, each covering overall market vacancy, rental rates, comparisons, and trends for the four major sectors of commercial real...
View ArticleInland Northwest Market Highlights: The Retail Market
Retail vacancy rates ranged from as low as 4.2% in South Spokane to as high as 13.8% on the North Side. The downtown periphery and the Spokane Valley showed the largest improvement in retail vacancy...
View ArticleFour Tips for a Successful Lighting Upgrade for Commercial Property Owners
We all know that lighting efficiency is one of the best ways to lower the utility bill at your commercial property. We also know that better lighting can increase safety, improve productivity, and...
View ArticleIntern Spotlight: Ian O’Shaughnessey
We’d like to introduce Ian O’Shaughnessey, one of our interns here at NAI Black. Ian is 21 years old and has been interning with our company since June of 2015. We feel fortunate to have him on our...
View ArticleSkechers Outlet Opens in Spokane
We’re excited to announce that Skechers Outlet opened its first store in Spokane on Friday, July 24, 2015! The store is located in the Heritage Village shopping center at 9324 N. Division Street and...
View ArticleIntern Spotlight: Logan Crum
Meet Logan Crum, an intern at NAI Black. Logan grew up in Spokane Valley, Washington where he attended University High School. While in school, he was involved in track and field as a high jumper for...
View ArticleCommercial Lending Trends Survey 2015
The National Association of REALTORS® (NAR) released its annual Commercial Lending Trends Survey this spring, which details REALTOR®’s commercial financing conditions, including liquidity conditions,...
View ArticleGrand Opening of Numerica Credit Union at Regal Plaza at Palouse
We are excited to announce that Numerica Credit Union at Regal Plaza at Palouse is officially open for business. The ribbon cutting ceremony was held yesterday, August 26, 2015, but the new branch has...
View ArticleExpert Provides Analysis of the Effect of Bankruptcy Filings on Commercial...
The last few years have not been kind to major store chains. Several large, nationally-recognized companies filed for bankruptcy protection in 2014 and 2015 (Most notably, Quizno’s, RadioShack, Deb...
View ArticleMOD Pizza Opens in Downtown Spokane
Yesterday (September 17, 2015), MOD Pizza held the grand opening of its newest location in the heart of Downtown Spokane. Located in the historic Crescent Building at 707 W. Main Avenue (formerly...
View ArticleAgent Spotlight: John Powers
We’d like to end the week with an agent spotlight on John Powers, a successful business and commercial broker at NAI Black who specializes in restaurant and hotel sales. John is a valued member of our...
View ArticleDarren Slackman Achieves SIOR Designation
Darren Slackman, SIOR of Black Commercial, Inc., an NAI Black company, has achieved the SIOR industrial designation awarded by the Society of Industrial and Office REALTORS®. SIOR is a Washington,...
View ArticleNAI Fourth Quarter Global Economic Briefing Webcast
On November 17, 2015, NAI Global hosted its quarterly Global Economic Briefing Webcast featuring Jay Olshonsky, President of NAI Global, and Dr. Peter Linneman, NAI Chief Economist. Dr. Peter Linneman...
View Article6 Tips to Prepare Your Business for Winter Storms
The windstorm three weeks ago undoubtedly wreaked havoc across the Inland Northwest, causing extensive damage to many homes, businesses, and public facilities in the area. In addition to physical...
View ArticleThe National Association of REALTORS® Releases Commercial Real Estate...
The National Association of REALTORS® released its Commercial Real Estate Outlook: 2015.Q4 report, which details overall projections for four major commercial sectors – office, industrial, retail, and...
View ArticleTime to sell? Price matters, but here are five additional considerations
Commercial real estate values are at, or near their historical peak in many markets. But even in cases where prices have yet to fully recover or simply remain flat, now could still be the right time...
View ArticleFive Keys to Finding Investment Properties in a Tight Market
**The retail property featured in this photo is for sale in Medical Lake, WA! Click on the photo above to learn more about this free-standing building, located at 181 E. SR 902, Medical Lake, WA...
View ArticleCarhartt is Coming to Bennett Block in Downtown Spokane
Have you heard the good news? Carhartt is opening their first location in Spokane in the historic Bennett Block located on the corner of Main and Howard downtown. NAI Black Agents Mark McLees and...
View ArticleBlack Commercial Agents Jeff Johnson and Jon Jeffreys Named in SIOR’s Winter...
Black Commercial, Inc. is off to a great start this year! President Jeff Johnson, SIOR and Jon Jeffreys, SIOR were recently featured in the Winter 2015 Professional Report from the Society of...
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