We congratulate client Spokane International Academy (SIA) on completing renovations of its new seven-acre campus near Spokane, which will allow SIA to consolidate its K-8 program from two existing campuses. Although partially occupied, the grand opening of the facility has been postponed until spring 2021 due to COVID-19 restrictions.
The 100,000-square-feet, three-story building will accommodate approximately 500 current students and hundreds of other students on the waiting list to attend the charter school, which is the largest in the Spokane area. The first floor has a full commercial kitchen, cafeteria and office and classroom spaces, and SIA plans to also develop the second floor for the K-8 program. The third floor will be left for office space and future expansion.
The Stoel Rives’ deal team was led by Sallie Lin and included attorneys Nan Feng and Saskia de Boer. The team assisted with negotiation of a 15-year lease, an option to purchase, and procurement of financing for the renovations.
For more information on the new facility, click here.