Inland Empire Developer Waits for Tenants

SPOKANE, WA-A 19-acre flex office project will break ground as soon as the developer secures tenants for the project. Locally-based Iron Bridge wants to develop 400,000-sf of space, 80% of which is slated for industrial use high-tech and biotech companies. Retail establishments may fill out the rest of the project.

Preliminary plans call for as many as eight buildings, as well as the incorporation of an existing 28,000-sf warehouse into a larger building. Individual buildings are predicted to range in size from 20,000 to 144,000 sf. They will be built to suit the needs of the tenants.

Iron Bridge managing partner Kent Hull says his company amajority of the site two years ago from Layrite Products Company, and has since been acquiring small adjacent parcels in anticipation of the development. Wolf Ballantyne Studio of Spokane has been engaged as the project’s architect. Iron Bridge has tentative plans to demolish existing structures on the site this spring.