The news story concerning the transaction, from the Spokane Spokesman-Review, can be read in part below.
". Outwardly, it is otherwise unchanged from when it was built in 1903, with President Theodore Roosevelt performing the ground-breaking ceremony. At the Freemasons' website it is, as of this date, still listed as "
Spokane’s Masonic Center
sells for $1.1 million
WEDNESDAY, NOV. 6, 2013
By Tom Sowa
An Australian businessman who moved to Spokane five years ago has paid $1.1 million to take over ownership of the stately Masonic Center, one of the city’s largest and oldest meeting places.
The buyer is Greg Newell, 50, who’s president of equipment manufacturing firm Power Handling Inc. This week Newell and some family partners bought the 108-year old Masonic Center at 1108 W. Riverside Ave. The 110,000-square-foot building has been for sale since October 2012.
Newell said he envisions using the neoclassical white-stone building as a meeting center and event venue. He also hopes to hire people to manage events or run restaurants inside the building. The grand plan, he added, is to make the revamped Masonic building a centerpiece for an “old town” tourist and visitor area in downtown Spokane.
Newell’s investor group becomes just the second owner in the building’s history. Since completion of construction in 1905, the Masonic Center – originally the Masonic Temple – has been occupied by the Masonic order and several affiliated fraternal groups, including the Scottish Rite and the York Rite.
In recent years the nonprofit Masonic Temple Association of Spokane rented its various ballrooms and meeting places to area groups and schools for events, proms and other celebrations. The association has depended on donations from the Masonic Foundation of Spokane to cover the building’s costs.
“But we’ve outlived the building,” said Carlton Oaks, the association’s CEO, meaning Spokane’s Masonic groups have a fraction of the membership they enjoyed during the first half of the 20th century. After the temple was built, U.S. President Teddy Roosevelt visited it twice.
Read more at the Spokane Spokesman-Review