Commercial Real Estate Archives - Tri-Cities Area Journal of Business

Investment property for sale at 1446 Spaulding Ave. in Richland.

Commercial real estate brokers expect continued growth

Rusty Morse has been a part of the Tri-City commercial real estate scene for a quarter of a century, and while he’s seen plenty of growth in the area, he said the last five to 10 years have been phenomenal. “It just continues to grow,” said Morse, managing broker at Coldwell Banker Commercial. “I look […]

Construction is under way at Areva NP’s new $12 million scrap uranium recovery facility on Horn Rapids Road in Richland. (Courtesy Areva NP)

Areva continues to invest in its Richland manufacturing plant

1 month ago by Jeffrey Morrow

The Areva NP plant in Richland has been investing an average of $7 million a year into its nuclear fuel manufacturing company for the last decade. It’s a trend that appears to be continuing. In the past four months, the nuclear fuel manufacturing plant has announced: Plans to build a new $12 million scrap uranium […]

Community First Bank’s administrative team and HFG Trust will renovate a building at 8131 W. Grandridge Blvd. in Kennewick and move into it later this year and next. (Courtesy Community First Bank)

Community First Bank headquarters, HFG Trust to move into shared building

1 month ago by Kristina Lord

Sister businesses plan move to Grandridge Boulevard after renovating offices Community First Bank will mark 20 years in business this year by moving its headquarters to a new building. The locally-owned bank, which opened in 1997, will be moving its administration team as well as its sister company, HFG Trust, to 8131 W. Grandridge Blvd. […]

Center Towers Shopping Center in Kennewick is at full capacity and the new owner of the retail center located behind the Olive Garden said his tenants work to support one another. Rents range from $18- to $19-a-square-foot.

Kennewick building owner shares entrepreneurial spirit with tenants

1 month ago by Jessica Hoefer

Jeremy Mansius spent his adolescence helping his dad run a HobbyTown franchise in Portland. When he went on to pursue a degree in finance, he thought he’d left the radio-controlled cars and science kits behind him. “I grew up thinking, ‘I’m never going to work at this store. I’m never going to work at HobbyTown.’ […]

Richland marketing company moves to larger office

1 month ago by Audra Distifeno

During the past 10 years, WinSome Design Inc. staff have called an 800-square-foot basement their office space. It was the place they brainstormed, collaborated and created to improve others’ business outcomes. The team recently moved from Riverwood Street in Richland to 1201 Jadwin Ave., Suite 101, and more than doubled its work space. “It’s awesome […]

Kadlec Birth Center rooms to receive $2 million in improvements

1 month ago by Kristina Lord

New colors, sofa sleepers, lights, bathrooms included in work The rooms used to welcome babies into the world at Kadlec Regional Medical Center in Richland will be remodeled and updated as part of a more than $2 million project. With nearly 2,800 babies born at the Richland hospital last year and a room remodel completed […]

Selling property with a real estate contract is powerful tool

1 month ago by Guest Contributor

By Beau Ruff If a person proposes to sell real property (land, house, buildings, etc.), the best option is to receive a full cash offer. In this case, whether some or all of the purchase price is financed, the seller still receives all of the value of the property at closing and the seller’s risk […]

New restaurants to serve up breakfast all day in Kennewick, Richland

1 year ago by Kristina Lord

Get your favorite breakfast foods served all day when The Original Pancake House opens in Kennewick and Richland. The 4,500-square-foot Kennewick restaurant will open in early 2017 near Bob’s Burgers & Brews, Hampton Inn and Trios Southridge Hospital off Highway 395. It will be able to seat about 140. This will be BTE Holding Co.’s […]

It’s no rumor: New Kennewick night club opening in old TS Cattle Co. building

1 year ago by Kristina Lord

Rumors about what’s going in the old TS Cattle Co. restaurant began flying around town when the sign, “Rumor Lounge: We’re coming soon, are you?” went up last month on Clearwater Avenue in Kennewick. And that’s exactly what the new night club’s owners wanted. “People are excited the building is finally being used. We’ve had […]

Fifth Bush Car Wash to anchor Edison Street development

1 year ago by Jeffrey Morrow

By Jeff Morrow Tim Bush decided he’d had enough of selling cars. Then he decided he wanted to clean them. He’s built four Bush Car Wash stores throughout the Tri-Cities, with a fifth being built on Edison Street near Kamiakin High School in Kennewick. Bush felt this new location was a no-brainer. “Edison is kind […]