The Dirt: Hardware distributor Orgill buys former Kimball Office plant in Post Falls
Orgill Inc., a distributor of hardware and home-improvement products, said it will open a regional distribution center in the former Kimball Office facility in Post Falls.
The company agreed to buy the nearly 500,000-square-foot property at 1881 W. Seltice Way in a deal that was scheduled to close Sept. 1. The property and building were listed at $14.5 million.
Orgill plans to retrofit the facility and expects it to be operational by March 31, a news release said.
The Post Falls site, Orgill’s seventh distribution center, will serve customers in five Northwest states in addition to Canadian clients. The company distributes products to hardware, home-improvement and building material retailers across the U.S. and in more than 60 countries.
Global Credit Union to move into new headquarters
Global Credit Union will move into new headquarters in downtown Spokane on Sept. 12.
Global will occupy about 38,000 square feet on several floors of the Freeway Plaza, at 1500 W. Fourth Ave., a structure it purchased for $4.8 million near Maple Street and Interstate 90. It’s also leasing space to various tenants.
The company sold its former headquarters for $3.4 million, a distinctive pyramid-shaped building at 1520 W. Third Ave., to the Spokane-based holding company Dark Capital.
Global also is seeking to sell or lease a separate downtown Spokane building it recently vacated with about 12,000 square feet, at 726 W. Riverside Ave.
New lab planned for north Spokane site
A Montana investor has purchased two vacant lots in Spokane at the northwest corner of North Dakota Street and East North Foothills Drive. The new owner plans to build a laboratory, mainly to provide services in the University District.
The property sold for $85,000.
Terry McAleer, of Black Commercial, was the broker.
Maverik going up in Spokane Valley
Site work to build a Maverik convenience store and gas station has started at the northwest corner of Argonne Road and Montgomery Avenue.
The Spokane Valley parcel, owned by Harlan Douglass, is located at 9009 E. Montgomery Ave.
Maverik, a Utah-based company, also has filed plans for sites at 1019 E. Francis Ave. in Spokane and on property at Regal Street and 44th on the South Hill.