The Catholic Diocese of Spokane Retains Keen Realty to Auction 20 +/- Total Acres of Residential Land in Washington State!

GREAT NECK, N.Y.--(BUSINESS WIRE)--Keen Realty, LLC has been designated to market and sell another property for The Catholic Diocese of Spokane. The property is 20+/- total acres of residential land located in Spokane, Washington. Keen Realty, LLC was retained pursuant to a Bankruptcy Court Order dated April 13, 2006.

“Interested parties must act immediately, as this opportunity will only be available for a short time”

The property, a portion of The Immaculate Heart Retreat Center, is located between South Ben Burr Road and East Jamieson Road in Spokane, WA, and consists of two contiguous parcels of residential land, each 10+/- acres in size. The parcels are zoned Rural Traditional, which allows for large lot residential uses and resource-based industries including ranching, farming and wood lot operations. Additionally, the property is located less than 5 miles from Interstate 90, 10 miles east of Spokane International Airport, and just 6 miles southeast of The City Center, Downtown, Spokane.

“These parcels are a remarkable opportunity for residential users and developers, and are being offered individually or as a package,” said Mike Matlat, Vice President of Keen Realty. “Interested parties must act immediately, as this opportunity will only be available for a short time,” Matlat added.

Founded in 1982, Keen Realty is in its 25^th year of solving complex problems and evaluating and selling real estate, leases and businesses. Keen Realty, a leader in identifying strategic investors and partners for businesses, has consulted with hundreds of clients nationwide, and evaluated and disposed of more than 20,700 properties consisting of over 2,072,000,000 sq. ft. across the country. Recent clients include: Eddie Bauer/Spiegel, Copeland Sports, The Penn Traffic Company, Frank’s Nursery and Crafts, Arthur Andersen, Warnaco, and JP Morgan Chase.

For additional information regarding the above referenced property please contact Keen Realty, LLC, Attn: Michael Matlat, 516-482-2700 x230, [e-mail]; Property information can also be obtained by visiting www.keenconsultants.com.