X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SPOKANE, WA-James Cotter, of San Antonio, Texas, has purchased the QualMed Plaza for $3.4 million.

The building, located at the northwest corner of Sixth Avenue and Stevens Street totals 44,000 sf of floor space. Cotter, who also owns the Argonne I & II office complex in the Spokane Valley and the Old City Hall building Downtown, bought the building from Spokane Medical Building Associates.

Home to mostly medical office-related tenants, QualMed serves as the building’s anchor. The plaza was 90% leased at the time of sale, according to Kevin Maher, who brokered the deal on behalf of the seller along with Mitch Swenson. Maher and Swenson both work for Tomlinson Black Management Inc. Tom Hix, also of Tomlinson Black Management, represented the buyer. Hix also has taken over building management from the Spokane-based Kiemle & Hagood Co.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.