A group of four investors has purchased the bulk of the former Coldwater Creek corporate campus in the city of Kootenai near Sandpoint. Lew Patrick, who owns Sandpoint Storage and Patrick Properties, formed the investment group, L3M, LLC. The purchase from CWC Creditors’ Liquidating Trust was effective April 6. The price was not disclosed. The group is renaming the 12-acre site on McGhee Road the Sandpoint Technology Center. It includes a main building with 120,000 square feet of office space and about 80,000 square feet of warehouse/distribution space, plus two other office buildings. The larger of those, with 17,000 square feet of office and warehouse space, is leased by Thorne Research, which develops hypoallergenic dietary supplements/Scott Maben, SR. More here.