Rents, Developments, Interest Rise in Boise’s Industrial Market
By Chris Pearson, Industrial Specialist, TOK Commercial Idaho remains a prime area for industrial growth in 2022, with nearly 180 deals completed across Southern Idaho’s top markets. Activity is...
View ArticleIronwood Partners Sells 105,406 SF Ironwood Square Shopping Center in Coeur...
COEUR D’ALENE, IDAHO — Ironwood Partners LLC has completed the disposition of Ironwood Square, a retail center in Coeur d’Alene. EMES Ironwood LLC acquired the property for an undisclosed price. Kobe...
View ArticleWentworth Property Sells 18-Property Self-Storage Portfolio for $266.2M
PHOENIX — Phoenix-based Wentworth Property Co., in a joint venture with an institutional equity investor, has completed the disposition of a portfolio of 18 self-storage properties across Arizona,...
View ArticleHawkins Cos. Receives $56M in Construction Financing for Canyon Ridge...
BOISE, IDAHO — Hawkins Cos. has obtained $56 million in construction financing for the development of Canyon Ridge, a five-building apartment property in Boise. Sunwest Bank provided the financing....
View ArticleMorgan Stonehill Breaks Ground on 360-Unit Seasons at Meridian Apartments in...
MERIDIAN, IDAHO — Developer Morgan Stonehill, with Los Angeles-based Newman Garrison + Partners as architect, has released plans for Seasons at Meridian, a 360-unit apartment community located at 2700...
View ArticleWood Investments Cos. Adds Three Retail Tenants to Canyon Park West in Twin...
TWIN FALLS, IDAHO — Wood Investments Cos. has announced the addition of three new tenants to Canyon Park West, a 160,140-square-foot retail center in Twin Falls. Natural Grocers plans to open a...
View ArticlePGA Tour Superstore Opens at Gateway Marketplace in Meridian, Idaho
MERIDIAN, IDAHO — Wood Investments Cos. has announced the opening of a 42,212-square-foot PGA Tour Superstore at Gateway Marketplace, a 135,732-square-foot retail center in the Boise suburb of...
View ArticleCapstone Cos. Opens New Office in Boise
BOISE, IDAHO — Capstone Cos. has expanded its brokerage firm with a new regional office in Boise. Colton Yasinski, who has transacted hundreds of units in the Idaho market, including affordable LIHTC...
View ArticleStorageMart Adds 131,686 SF of Self-Storage Space in Caldwell, Idaho
CALDWELL, IDAHO — StorageMart, the largest privately-owned self-storage company, has expanded its footprint in Caldwell. The company has added two storage facilities with a combined net rentable space...
View ArticleKidder Matthews Brokers Sale of 139,064 SF Pocatello Square Shopping Center...
POCATELLO, IDAHO — Kidder Matthews has brokered the sale of Pocatello Square, a 138,064-square-foot shopping center in Pocatello, approximately 160 miles north of Salt Lake City. Tenants at the...
View ArticleWood Investments Cos. Receives $39.1M Refinancing for Two Shopping Centers in...
MERIDIAN, IDAHO — Wood Investments Cos. has secured refinancing totaling $39.1 million for two shopping centers located in Meridian, roughly 11 miles outside Boise. The first shopping center, Gateway...
View ArticleThe Flourishing Idaho Multifamily Market Touts Growth, Shifting Dynamics,...
— By Colton Yasinski, Investment Sales Advsor, Capstone Cos. — The multifamily market in Idaho and, specifically, Boise, has experienced an impressive surge over the past five years. This has largely...
View ArticleHealthy Leasing Activity Keeps Massive Industrial Projects on the Rise
— By Dan Minnaert, Partner and Industrial Specialist, TOK Commercial Real Estate — Industrial leasing activity has slowed year over year in Southern Idaho markets with total transactions down 9...
View ArticleMany Retailers See Boise as the Next Expansion Hotspot
— By Andrea Nilson, Executive Director of Retail and Capital Markets, Cushman & Wakefield — National attention has been focused on the business growth, expansion and innovation in the Mountain West...
View ArticleCushman & Wakefield Brokers Sale of 12.7-Acre Industrial Development Site...
CALDWELL, IDAHO – Cushman & Wakefield has arranged the sale of a fully entitled, 12.7-acre industrial development site in Caldwell. An undisclosed transportation company acquired the asset from...
View ArticleKroger, Albertsons Agree to Sell 413 Stores in Connection with $24.6B Merger
CINCINNATI AND BOISE, IDAHO — Kroger Co. (NYSE: KR) and Albertsons Cos. Inc. (NYSE: ACI) have agreed to sell 413 stores across 17 states and Washington, D.C., as part of the $24.6 billion merger...
View ArticleCompanies Are Attracted to the Boise Office Market
— By Karena Gilbert, Office and Investment Associate, Colliers — Idaho experienced significant population growth in recent years, and the commercial real estate market reflected that trend. The pace of...
View ArticlePost-Pandemic Boise Tries to Keep Up with Explosive Population Growth
— By Nellie Day — Boise was a hotspot of activity as the pandemic hit in 2020, with many people desiring more space, more access to the outdoors and, in some cases, a cheaper cost of living. Mike...
View ArticleNewPoint Provides $22.5M in Financing for The Larkspur Workforce Housing...
VICTOR, IDAHO — NewPoint Real Estate Capital has provided $22.5 million in HUD/FHA 221(d)(4) construction-to-permanent financing to facilitate the development of The Larkspur, an 86-unit, market-rate,...
View ArticleMAG Capital Partners Purchases 60,056 SF Agricultural Industrial Facility in...
DRIGGS, IDAHO — MAG Capital Partners has purchased a 60,056-square-foot agricultural industrial facility in Driggs, a tiny city of fewer than 2,000 residents east of Idaho Falls and near the Wyoming...
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