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Idaho's largest mixed use development is located in Idaho Falls

Snake River Landing is a 450 acre mixed use development nestled between Interstate 15 and the Snake River in Idaho Falls. The development is being pioneered by Ball Ventures, eastern Idaho's largest developer. Snake River Landing will feature retail, office, apartments, single family homes, walking & biking trails, and a 4,500 seat event center. Read the rest of entry »

Commercial Real Estate Update for March

Total office vacancy (9.7%) decreased to its lowest point since the recession. Vacancy in Meridian decreased its lowest point since the recession (5.4%) when St. Luke’s purchased the Portico Office Tower, occupying 81,100 SF of vacant space. Read the rest of entry »

Thornton Oliver Keller opens office in Idaho Falls

Thornton Oliver Keller Commercial Real Estate, Idaho’s largest full-service commercial real estate firm, has announced the opening of an Idaho Falls office. Thornton Oliver Keller is celebrating its 25th anniversary in 2016 and has experienced considerable growth, completing more than 40% of the commercial real estate transactions in the Boise market for the last 10 years. The independently owned firm has 26 agents, averaging over 15 years of experience and listing nearly 500 properties throughout the state of Idaho. Thornton Oliver Keller’s property management department is accredited by the Institute of Real Estate Management and manages over 5 million square feet of commercial real estate.
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Is land banking back in vogue?

The Ten Mile interchange is likely to see some development in 2016 with a few users looking to build north of the freeway. Investors who are being pushed out of the highly competitive investment market may look to areas such as Ten Mile to purchase land and hold for a few years. Raw land is again being viewed as a safe place to park investment capital for those who do not need an income stream or liquidity. Some land south of Meridian has recently been purchased by an investor looking to land bank.
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