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Land activity expected to pick up, especially in North Meridian

After a slow start to 2015, commercial land activity will pick up in the second half of the year as deals currently under contract will soon close. Tenant demand for new speculative construction will be the primary driving force of future land sales. In North Meridian, both commercial and residential land sales will gain momentum as more businesses look to establish a presence amidst ever-expanding residential growth. Nearby areas such as Eagle and South Meridian will likely see some carryover of sales due to their close proximity.
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Boise's Investment Market Outlook

Opportunities are likely to pick up in the coming years as CMBS loans signed during the boom reach maturity. Many owners will see an improved market and opt to sell instead of refinancing. With rents increasing, many properties are positioned to capture desirable returns and value-add properties will be increasingly hard to find.
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What's in store for the Boise industrial market?

As the market continues to tighten and new product is delivered, lease rates will steadily climb. Speculative construction will pick up steam in the second half of the year with 26,000 square feet delivering on South Cole Road and 41,000 square feet soon to be available near Franklin & Linder in Meridian.
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