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Stonehenge Plaza Sale and Property Management

In December 2010 Stonehenge Plaza, a 51,000 SF multi-tenant retail building in Meridian, Idaho, entered foreclosure. In January
2011, after preparing an extensive Opinion of Value for the national bank which now owned the property, John Stevens, CCIM of
Thornton Oliver Keller was assigned the representation for listing the property for sale. Additionally, Thornton Oliver Keller was
engaged as the property manager. Read the rest of entry »

Cottonwood Plaza Owner Representation - Case Study

In November 2009, after completing foreclosure proceedings against a local investment group, Well Fargo Bank owned the 50%
vacant, 48,125 square foot multi-tenant retail center, Cottonwood Plaza. Interested in liquidating this asset, the bank requested and
received a Broker Opinion of Value from John Stevens and Mike Keller of Thornton Oliver Keller. Thornton Oliver Keller estimated
that the center would sell in a range between $2.835 million and $3.382 million and that the highest and best offer would likely be
an owner-user. Read the rest of entry »

Mark Schlag and Peter Oliver Speak at Boise's BOMA Symposium

Valentine's Day was celebrated this year with talks of commercial real estate at the BOMA Symposium held Tuesday morning at Boise State's Stueckle Sky Center. Read the rest of entry »

Commercial Real Estate Review for February

Total office vacancy remained flat at 14.1% and Multi-tenant vacancy decreased slightly from 19.5% to 19.4% in January. Read the rest of entry »

Retail Vacancy Breakdown

Thornton Oliver Keller classifies each retail building in the Boise MSA into one of six subtypes: Community Center, Neighborhood Center, Power Center/Mall, Single Tenant Big Box, Single Tenant Mid Box and Strip Center. Read the rest of entry »