Eric Peterson, CCIM

Brief Profile

Eric Peterson, CCIM — Founder & Designated Broker, ACTIV8 Real Estate. Spokane, WA and Coeur d'Alene, ID.

Licensed in both Washington and Idaho. That matters here more than it would elsewhere. The Spokane–Coeur d'Alene corridor is one economic market split across a state line, and most brokers can only work one side of it. If your client is buying in Post Falls, Hayden, or Coeur d'Alene, I can handle it directly rather than handing it off.

Multifamily, retail, and office. Nineteen years in this market, $66 million in commercial investment sales, including the 188,718 SF 201 W office and parking structure in downtown Spokane at $21.3 million.

What I can do for your client after closing. ACTIV8 handles the full ownership cycle — property and asset management, debt placement, repositioning, commercial property tax appeals, and eventual disposition. West Coast agents send me clients acquiring in the Inland Northwest partly because the post-closing problem is already solved. Nobody has to go find a local manager.

The tax appeal practice has produced more than $91 million in assessed value reductions for owners in both states. It's uncommon service in this market and a genuine reason for a client to stay put after the deal.

Referral agreements honored, deal-by-deal or ongoing. Fast on callbacks and market data requests — if you need rent comps, cap rate context, or an assessed value pulled for a Spokane or Kootenai County property, ask and I'll turn it around same day.

509-255-3476 | eric.peterson@activ8re.com | activ8re.com

Full Profile

Eric Peterson, CCIM
Founder & Designated Broker, ACTIV8 Real Estate
Spokane, Washington | Coeur d'Alene, Idaho
Licensed managing broker in Washington and Idaho

Practice

Multifamily, retail, and office property across the Spokane–Coeur d'Alene corridor. Nineteen years in commercial real estate, the last several building ACTIV8 into a full-cycle firm — brokerage, property and asset management, debt placement, repositioning, tax appeals, and disposition under one roof.

$66 million in commercial investment sales. The largest is the 188,718 SF 201 W office and parking structure in downtown Spokane, sold twice — in 2015, and again in 2021 at $21.3 million. Other closings include Riverstone in Coeur d'Alene, the Ambassador Building, and the Parkade.

Bi-state coverage

Spokane and Coeur d'Alene function as one economic market divided by a state line, and most brokers here are licensed on only one side of it. Holding both licenses means a client acquiring in Post Falls, Hayden, Rathdrum, or Coeur d'Alene gets handled directly rather than referred out mid-transaction. For out-of-area brokers, that removes the coordination problem that usually comes with a cross-border deal.

Commercial property tax appeals

ACTIV8 represents owners in commercial property tax appeals in both states — work that has produced more than $91 million in assessed value reductions. It requires building an income model for each property from rent roll, unit mix, expense ratios, vacancy, and cap rate, then defending it in front of the assessor.

Two things follow from that. Underwriting stays anchored to current operating data rather than closed comps alone. And clients tend to stay, because the service is uncommon here and there's a recurring reason to stay in contact between transactions.

Property and asset management

Retail, office, and multifamily. Most relevant to referring brokers: a client buying in this market has somewhere to land after closing. No assembling a local team from scratch, no scramble to find a manager before the first rent roll comes due.

Background

Began at a regional commercial brokerage, then joined a Salt Lake City–based real estate fund handling leasing, acquisitions, property management, development, assemblage, and disposition across a regional mall portfolio. Founded ACTIV8 Real Estate to focus on the Inland Northwest.

Referrals and co-brokes

Referral agreements honored, deal-by-deal or ongoing. Particularly useful for West Coast brokers with clients acquiring in the Inland Northwest — the acquisition, the management, the appeal work, and the eventual sale can all run through one relationship.

Fast on callbacks and market data. Need rent comps, cap rate context, submarket vacancy, or an assessed value pulled for a Spokane or Kootenai County property? Ask and it comes back the same day, referral or not.

Markets: Spokane, Spokane Valley, Liberty Lake, North Spokane, Cheney, Coeur d'Alene, Post Falls, Hayden, Rathdrum, Kootenai County

Property types: Multifamily, Office, Retail (neighborhood center, strip center, single tenant, street retail), Mixed Use

509-255-3476 | eric.peterson@activ8re.com | activ8re.com