Saturday, October 25, 2008

Spokane Commercial Real Estate Transaction

Gonzaga buys campus-edge property for $1.45 million
By  Jeanne Gustafson
Gonzaga University has bought, for $1.45 million, the Spokane Regional Plan Center’s 12,000-square-foot building at the southeast corner of Boone Avenue and Ruby Street and says it eventually plans to use the structure as office space.

The Spokane Regional Plan Center, a nonprofit organization that serves the construction industry in Washington, Idaho, Montana, and parts of Oregon, is seeking space that will be more efficient for its operations, says Rita Heldenbrand, its executive director.

The plan center bought the building, at 102 E. Boone, in 1965. It offers its members access to construction plans online now, rather than just on paper at the center, so the space needs of the office have changed, Heldenbrand says.

The plan center has made plans for 2,100 construction jobs available to its 800-plus member companies so far this year, she says.

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