For its latest episode of Elevating The Conversation, the Journal sat down with Alicia Barbieri, co-president of Goodale & Barbieri, to discuss the commercial real estate market.

For many business owners, owning the property where they conduct business provides operational stability for the business and financial diversification and tax benefits for the owner. When it comes time to sell the business, a prospective buyer may want to purchase that real estate along with the business itself.

A Liberty Lake-based residential care company is erecting a new $4 million, 16-bed residential treatment facility on a more than three-fourths acre parcel at 18101 E. Appleway in Spokane Valley.

Old offices, warehouses, and other underused commercial buildings in the city of Spokane are slowly finding new life as apartments, retail areas, and mixed-use spaces through the city’s 2-year-old commercial conversion incentive program designed to make difficult conversion projects more feasible.

ATC Manufacturing Inc. is nearly doubling its 67,000-square-foot headquarters and manufacturing facility at 1224 N. Lean with a new 57,600-square-foot expansion project.

2026 has been a year of building for architect Tyler Kavanaugh, who has been promoted to associate at Spokane-based ALSC Architects PS and named president of the American Institute of Architects Spokane chapter for 2027.