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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Northwest Farm Credit Services buys Ambassadors building for $9 million

Northwest Farm Credit Services, a financial services company serving regional farmers, has purchased the Ambassadors Group building near Spokane’s airport for $9 million. The 133,000-square foot building was constructed in 2006 by Ambassadors, a travel company that promotes cultural trips under the People to People banner. The building, along with 11 acres of land at 2001 S. Flint Road, has been for sale for two years. It was first listed for $13 million. Ambassadors executives announced at the time that they wanted a smaller office space as a way to “right-size” the company during a period of declining revenues. At the time officials said they intended to lease back office space from the buyer, but a recent federal filing about the sale gave no indication what Ambassadors intends to do. Spokane’s Northwest Farm Credit Services office is at 1700 W. Assembly near the Sunset Hill. It has not announced plans for a move to the new building. The farm financing co-op has been in business for nearly 100 years, providing financing and other services to farms, ranches and natural resource businesses across the Northwest.