Kiemle Hagood Brokers $32M Sale of Multi-Tenant Retail Property in Spokane, Washington

by Amy Works

SPOKANE, WASH. — Spokane-based Kiemle Hagood has negotiated the $32 million sale of 5 Mile Shopping Center, a multi-tenant retail center in north Spokane. Romax 5 Mile LLC purchased the grocery-anchored property from 5-Mile Investment Company I LLC.

Situated on 14.2 acres at 1812 W. Francis, the property features more then 163,000 square feet of retail space. Current tenants include Rosauers, Starbucks Coffee, Chipotle, Taco Bell, Washington Trust Bank, Mister Car Wash, GNC and Edward Jones.

Casey Brazil and Richard Fox of Kiemle Hagood represented the seller, while Colin Conway and Steve McIntosh of Kiemle Hagood represented the buyer in the deal.

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