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CarMax Inc., a Richmond, Va.-based operator of more than 100 used-car dealerships nationwide, says it has agreed to buy property along East Sprague Avenue, in Spokane Valley, and is in the early planning stages for a superstore there.
Ella Imler, a Richmond, Va.-based CarMax spokeswoman, says that the company has under contract about nine acres of largely vacant land just east of Dishman Dodge Chrysler. She says the envisioned CarMax dealership would have frontage on both Sprague Avenue and Appleway Boulevard at its north and south borders.
"We like this site because it's in an auto dealer corridor with major big box retail, Imler says. "It's...