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The Dirt

Sun., June 22, 2014

AB Management buys Retail Center

The Spokane Retail Center, 7630 N. Division St., has been purchased by AB Management LLC for $7.5 million.

The building, with 51,750 square feet, houses retailers Michaels Arts and Crafts, and Cash and Carry.

The seller was TCRS Properties One LLC. AB Management is a Woodinville, Washington-based real estate investment company.

John Hillier and Cory Barbieri, of Goodale & Barbieri Co., brokered the sale.

Couple buy historic building

Licensed clinical psychologist Stephanie Kuffel is relocating her Spokane office to the Binkley House at 1612 W. Seventh Ave. Her previous office was at 1500 W. Fourth Ave.

The house, built in 1889 for J.W. Binkley, is on the Spokane Register of Historic Places and has been used as apartments and office space.

She and her husband, Robert Kuffel, plan to continue apartment rentals while using portions of the building for offices. Two office spaces are available, sharing reception and conference areas.

 Arranging the sale were Matthew  Byrd  of  Cornerstone Property  Advisors, who represented  sellers George and Shannon Thomsen, and Karene Garlich-Loman of Coldwell  Banker Tomlinson, who worked for the buyers.

Spirit Halloween plans CdA move

Spirit Halloween will lease 26,000 square feet last used by Office Depot at 131 W. Neider Ave. in Coeur d’Alene.

The specialty retail shop will open doors in August. The parent company, based in New Jersey, operates more than 1,000 Spirit Halloween stores.

Jim Koon of NAI Black brokered the deal.

Ciderworks opens tap room

Rick Hastings and Austin Dickey, owners of Spokane-based Liberty Ciderworks, have opened a tasting room at 164 S. Washington St., Suite 300.

The company produces hard ciders and will serve them and other beverages during tasting hours, 4 to 9 p.m., Thursday through Saturday.

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