Executive Summary

NAI Black is a proven leader in commercial brokerage and property management services, serving the Inland Northwest region for over 50 years. With the dedication and expertise of our agents, we are committed to realizing the maximum potential of our clients’ real estate investments while providing unparalleled service that delivers superior results across the full spectrum of sectors for owners, investors, developers, and occupiers.

Market Area

Our primary service area encompasses Spokane County in Washington and Kootenai and Bonner Counties in North Idaho; however, our overall market penetration is comprised of Eastern Washington, Northern Idaho, and Montana.

Services

NAI Black’s selection of commercial brokerage and property management services for owners, investors, developers, and occupiers demonstrates our broad range of expertise and market knowledge. Let us design a scope of real estate services that is specifically tailored to meet your needs.

Company Blog

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U.S. Shopping Center Occupancy Rates Hit 6-Year High in 2014, According to ICSC and NCREIF Data

Tue, 26 May 2015 16:20:08 Z
* NAI Black is not responsible for the content in this press release. NEW YORK, March 30, 2015 – The International Council of Shopping Centers (ICSC) and the National Council of Real Estate Investment Fiduciaries (NCREIF) reported on property data results for Q4 2014 and year-end 2014, and found strong growth in the U.S. shopping

Tenant Spotlight: Ezell’s Famous Chicken of Spokane

Fri, 22 May 2015 15:56:57 Z
For this month’s tenant spotlight, we are featuring Ezell’s Famous Chicken, which opened just over a month ago in Regal Plaza at Palouse, located at 4919 South Regal on Spokane’s South Hill. With fantastic food and great staff, we couldn’t be happier to welcome Ezell’s to our Regal Plaza community…and to Spokane for that matter. Family-owned

Apartment Rents Expected to Rise Again

Wed, 20 May 2015 19:25:12 Z
If you’re an apartment renter, it may be time to start clearing some space in your monthly budget. According to the real estate tracker Reis, Inc., rents are projected to increase yet another 3.3% this year, to an average of $1,161 throughout the nation. Vacancy rates for properties in the multifamily market are at record lows.

NAI Black Releases Year-end 2014 Market Reports

Fri, 15 May 2015 20:50:51 Z
We have just released our year-end 2014 market reports for Spokane County, each covering overall market vacancy, rental rates, comparisons, and trends for the four major sectors of commercial real estate, including apartment, industrial, office, and retail. Apartment Market Report (Fall 2014) The overall market-wide vacancy is down 140 basis points year over year. Rents are continuing

Tips to Prevent Expensive Water and Mold Damage in Your Property

Tue, 12 May 2015 20:30:22 Z
Water damage in a property can be a costly problem, in part because the harm may already be done long before it is detected. Learn to identify and prevent some common water and mold problems by taking the following precautionary measures. Frequent Inspection and Maintenance: The best preventative step you can take to avoid water and

Why is 2015 expected to be a strong year for commercial real estate?

Thu, 07 May 2015 21:59:30 Z
First quarter forecasts are particularly challenging in the commercial real estate industry. However, in 2015, there seems to be no question that the sector is stronger than it’s been in years. With the improvement of economic factors such as employment rates, consumer confidence and spending, and business investments, real estate values are expected to appreciate

Major Student Housing Project in U-District Moves Forward

Tue, 05 May 2015 13:22:50 Z
A large-scale student housing project at 940 N. Ruby Street in Spokane’s University District is set to break ground next Tuesday. The project will provide housing for more than 213 students attending Gonzaga University and other universities in the area who are seeking the convenience of next-to-campus living. Construction will be completed in July of

Four Reasons You Should Hire a Property Manager

Thu, 30 Apr 2015 18:59:54 Z
As a landlord, regardless of the size of your rental portfolio, you have probably experienced some less than favorable situations. Your tenant is late paying rent again and must be contacted. Your property has an emergency maintenance issue and you must drop everything to take care of it. Your tenant has violated the terms of

MOD Pizza Celebrates Grand Opening Today

Wed, 29 Apr 2015 16:35:12 Z
Today is the day! Join us in celebrating the grand opening of MOD Pizza South Hill – the newest edition to Regal Plaza at Palouse (managed by NAI Black). The ribbon cutting will happen at 11:50 a.m. and doors open at noon, so if you don’t already have lunch plans, come check out the South

Looking Back: The Legacy of James S. Black

Thu, 23 Apr 2015 20:34:33 Z
Looking back on the past 57 years, we have a lot to be proud of. As one of the top-producing real estate agencies in Washington State, NAI Black has built a solid reputation for delivering results to our clients. We have also been directly involved with numerous development projects benefiting the growth and revitalization of