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Tenant Renews Lease with Five Mile Warehouse

Cradlepoint Technology renewed their 30,112 square feet of industrial space in Five Mile Warehouse, located at 646 N. Five Mile Road in Boise.

AAA Roofing leased 2,090 square feet of industrial space in Taylor Commerce Park, located at 1120-1150 W. Taylor Avenue in Meridian.

Brighton Homes Idaho leased 3,768 square feet of industrial space in Taylor Commerce Park, located at 1170 W. Taylor Avenue in Meridian.

Treasure Valley Comfortcare leased 1,400 square feet of office space in Watertower Plaza, located at 600 Watertower Lane in Meridian.

Retail CAP rates in the Boise MSA have decreased for the 4th straight year, ending 2018 with an average rate of 6.5%. Single-tenant retail remains in high demand. Inventory of this product is limited, but the assets that are trading are high quality with strong national tenants already established in the Boise market.

35th & Clay mixed use development Garden City

If you're interested in learning about new projects in Garden City, you'll want to read an excellent article written by the Idaho Statesman - A new restaurant or brewery with Airbnb rentals above it? Only in hip Garden City. The article features 35th & Clay, a contemporary mixed-use development, represented by Brianna Miller and Laurie Reynoldson.

Foothills School of Arts & Sciences, Inc. purchased the 22,046 square foot former Creamery building, located at 601 S. 9th St. in Boise. Foothills will relocate to the property after minor remodeling is completed.