CALDWELL, Idaho – January 2018 – Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has facilitated the sale of 12.3 acres located in Skyway Business Park in Caldwell, ID 83605. Russ Vawter, Associate at Lee & Associates Idaho, LLC represented the Buyer, SLMA Properties, LLC.
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IRR Viewpoint | Mid-Year Retail Report
Boise, ID Retail Market Overview Retail activity consists primarily of small, national tenant and national franchise expansion, and some level of large, dark box conversion. Speculative multi-tenant activity has been quite limited, following the national trend of increasing online shopping for commoditized goods. Concurrently, large retailers (big-and mid-box) continue to close locations, which largely account for the increase in vacancy of late, which tends to belie actual improvement in the small anchored and non-anchored retail…
IRR Viewpoint | Mid-Year Multifamily Report
Boise, ID Multifamily Market Overview The multifamily market has persistently low vacancy and high net absorption, despite multiple years of record-setting construction. Apartment construction has exceeded 1,– units in each of the last three years (and was 1,500+ units in two of the last three years), more than any previous year on record. As a result, the complexion of the local market has change noticeably. Meridian, one of the metro area’s fastest growing suburbs, previously…
IRR Viewpoint | Mid-Year Industrial Report
Boise, ID Industrial Market Overview Industrial continues to lead the greater Boise commercial market, now well into its 7th year of recovery. While sale activity and cap rate bias suggested a temporary pause early in 2016, by year’s end a very active market was evident, characterized by tight supply and significant construction meet pent-up demand. Year-to-date absorption for the first five months of 2017 is already well over 400,000 square feet, and cap rates are…
IRR Viewpoint | Mid-Year Office Report
Boise, ID Office Market Overview The Boise CBD office market is in a different cycle of the overall market than the greater valley office market as a whole. Despite strong construction activity, downtown office development over the past 3+ years has met with significant pre-leasing and move-up demand, or user consolidation from one or more suburban locations to a downtown headquarters presence. Click Here to Read the Complete Report Source: Integra Realty Resources. Reprinted with…
5 Traits to Look for in Your Boise Investment Partner
Scoping out the right investment partner in Boise should be treated as carefully as finding your partner in life. You should strive to achieve a bond so invincible and harmonious, even Batman and Robin would be envious of you two. Ultimately, it all comes down to how you and your partner fall on various issues. Ask yourself, is this person a risk taker? What are their core capabilities? How do they intend to achieve their goals? What is their business…
Increase the Value of Your Boise Commercial Property
In the fast-paced world of commercial real estate, many Boise investors understand that high returns don’t just come from a signature on a lease agreement. On the contrary, successful property owners are business savvy with a drive to invest large sums of time and money in order to reap high returns down the road. Whether you’re attempting to attract potential tenants or appeal to prospective buyers in Boise, take a look at our quick list…