Multi-Tenant Office Building

Located in North Spokane, this office building saw a 27% NOI increase in the last 3 years from 2019 to 2022.

How to create success?

  • Owner focused on maximizing NOI
  • Property Manager slashed unnecessary expenses and aggressively raised rents in a tight markert

Results

  • 12% increase in income generated
  • 9% increase in rent/sf
  • 32% reduction in expenses

Thanks To

  • Kim Floyd, Commercial Property Manager
  • Craig Soehren, Broker
  • K&H Facility Services Technician Team