SPOKANE, Wash. – In its largest loan transaction to date,Spokane Teachers Credit Union is doing its part to preserve one ofthe area's historic fixtures.

The credit union recently provided $4.37 million in financingfor the 74,521-square foot Peyton Building, named for Colonel IsaacPeyton, a land developer who bought agricultural properties, minesand properties throughout Spokane. In 1898, he acquired the GreatEastern Block, which is now the Peyton Building, today described asan “elegant historical architecture with state-of the-art officedesign and services” that has received more than $1.9 million inrenovations.

Fully wired for high speed Internet, tenants include attorneygroups, architects, technology firms, associations, and otherprofessionals, said Scott Adkins, STCU director of lending. PeytonBuilding LLC purchased the Peyton Building with financing help fromSTCU, according to Adkins. It is situated in the heart of Spokane'sCentral Business and Entertainment Districts and is listed on theSpokane register of historic buildings.