Tenant Expansion Just Months After Leasing
Another Win at 5401 E. Sharp Ave.
5401 E. Sharp Ave. Building B, Spokane Valley, WA
Industrial Warehouse
SFT Leased: 9,000 SFT Building Size: 10,145 SFT Land Size: 1.71 Acres
At Daines Capital, we love when a success story keeps evolving — and that’s exactly what has happened at 5401 E. Sharp Ave. in Spokane Valley.
Just two months after the property was successfully leased, a new opportunity presented itself. The neighboring tenant in the building vacated their space, creating an additional 3,000 square feet of availability.
Rather than bringing the space back to market, the tenant we had recently secured — Ledcor — recognized the opportunity to expand their footprint. What started as a 6,000 square foot lease has now grown to 9,000 square feet, giving them even more room to support their operations and continued growth in the Spokane Valley.
Moments like this highlight one of the greatest advantages of strong tenant placement. When the right tenant is matched with the right property, opportunities for growth often follow naturally. Ledcor’s expansion was seamless, allowing them to increase their space quickly without the disruption of relocating or searching for a new facility.
For the property owner, this means even stronger stability within the building. For Ledcor, it means additional room to grow and operate efficiently. And for our team, it’s another example of how thoughtful leasing strategies can create long-term value well beyond the initial transaction.
We’re excited to see Ledcor continue to thrive in their expanded space and grateful to have played a role in helping make that growth possible.
At Daines Capital, we’re always focused on creating opportunities that benefit both property owners and tenants — sometimes in ways that continue to unfold long after the ink dries on the lease.
Interested in becoming our next success story?
📞 Call Daines Capital at 509-209-4920 and let’s start the conversation.