TOK Commercial is pleased to announce the addition of Drew Ulrick to the firm’s Inland Northwest brokerage services team.  

Mr. Ulrick is a highly accomplished industry professional and one of Spokane’s leading commercial real estate agents.  His career spans over 11 years offering his clients exceptional market knowledge and representation capabilities.  Mr. Ulrick has advised a wide variety of industrial and retail tenants, landlords, owners, buyers, and investors, guiding them through project lease-ups, acquisitions, and dispositions of commercial real estate, assets.  

North Idaho's Industrial market saw over 630,000 square feet of new Class A space come online with over 90 percent delivering in Post Falls. A large portion of this is attributed to the buildings at 140 & 150 Beck Road that completed earlier this year and added more than 400,000 square feet of space to the market. All the new space has pushed total vacancy up to 19.5 percent. Overall lease rates are also up 7 percent from the beginning of the year averaging $1.07 per square foot (NNN, Monthly) with Class A rates averaging slightly higher at $1.10 per square foot with some new construction reaching as high as $2.00 per square foot.