- December 26, 2021
- Posted by: Stratford Team
- Category: Business
This year brought a slight sense of normalcy in the Spokane region as businesses were allowed to fully resume operations when the state reopened in June.
In 2021, headlines shifted from restrictions and uncertainty to land-and-building transactions, retirements, new developments and expansions, and a booming housing and rental market.
Here are some of the top business stories that dominated headlines in 2021:
The Davenport Hotels sells for more than $200 million
Several properties and businesses changed hands this year, but one of the largest transactions occurred this month when developers and hoteliers Walt and Karen Worthy sold The Davenport Hotels to Denver-based private capital firm KSL Partners for more than $200 million, according to Spokane County Recorder’s Office records.
Spokane County Assessor Tom Konis told The Spokesman-Review the sale price of Worthy’s five hotels and the parking garage west of the Davenport Tower…
