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Spokane, Washington

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Last updated: 23-Oct-2009

* Click on each category for a detailed definition.

	Low	High	Effective Avg.	Vacancy	Investment Yield
Downtown Office
New Construction (AAA)	N/A	N/A	N/A	N/A	N/A
Class A (Prime)	$ 18.00	$ 22.00	$ 18.94	9.6%	N/A
Class B (Secondary)	$ 14.00	$ 17.50	$ 15.60	19.2%	N/A

Suburban Office
New Construction (AAA)	N/A	N/A	N/A	N/A	N/A
Class A (Prime)	$ 19.50	$ 22.00	$ 20.00	9.5%	N/A
Class B (Secondary)	$ 14.50	$ 17.50	$ 16.75	8.9%	N/A

Industrial
Bulk Warehouse	$ 2.64	$ 3.60	$ 3.00	8.1%	N/A
Manufacturing	$ 4.56	$ 5.76	$ 5.04	8.9%	N/A
High Tech / R&D	$ 5.76	$ 7.56	$ 6.00	8.4%	N/A

Retail
Downtown	$ 9.00	$ 30.00	$ 22.00	11.9%	N/A
Neigborhood Service Centers	$ 8.00	$ 28.00	$ 20.00	9.1%	N/A
Community Power Center	$ 6.00	$ 26.00	$ 18.00	8.9%	N/A
Regional Malls	$ 18.00	$ 36.00	$ 22.00	8.2%	N/A

Development Land	Low (Price/Acre)	High (Price/Acre)
Office in CBD	$ 65	$ 100
Land in Office Parks	$ 300,000	$ 500,000
Land in Industrial Parks	$ 175,000	$ 300,000
Office/Industrial Land - Non-park	$ 100,000	$ 900,000
Retail/Commercial Land	$ 400,000	$ 1,500,000
Residential	$ 75,000	$ 250,000

107 South Howard Street, Suite 600, Spokane WA 99201