Red Lion Headquarters in Spokane Sells for $12.3M

SPOKANE, WASH. — DPGB-WA-1 LLC has purchased the Red Lion Headquarters Building, a 100,362-square-foot office building in Spokane, for $12.3 million. The property is located at 201 W. North River Drive. It is situated along the Spokane River’s north bank. David Peterson of Goodale & Barbieri and Chris Johnson and MaryKay West of NAI Norris, Beggs & Simpson represented the sellers, 201 North River LLC and Red Lion Hotels LP. Peterson also represented the buyer.