The overall supply of office space in the Boise area has been steadily declining over the past three years and in September, vacancy rates hit a new 15 year low of 8.13%.
According to Forbes, Boise is listed #28 on the list of 200 Best Places for Business and Careers. As the employment rate continues to decrease and more companies open up shop in Boise and the surrounding cities, it is highly likely that office space vacancy will continue to decrease at a proportionate rate.
Szurgot Electric leased 1,300 square feet of industrial space at 5111 Alworth in Garden City, Idaho. Szurgot Electric offers clients electrical installation services.
Making Gelato, LLC renewed their 1,600 square feet of industrial space in 3710 Newby Street in Nampa, Idaho. Making Gelato, LLC has produced handcrafted gelato and sorbet the old-fashioned way, in small batches, since 2001.
Bogus Basin Recreational Association, Inc. renewed their 1,932 square feet of industrial space in Sawyer Court, located at 5220 N. Sawyer St. in Garden City, Idaho. Bogus Basin Recreational Association, Inc. is a 501(c)(3) non-profit organization dedicated to accessible, affordable and fun year-round mountain recreation and education for the Treasure Valley Community.
Rimfire Ironworks, LLC leased 1,140 square feet of industrial space in the Cortland Business Park, located at 2200-2216 Cortland Plc. in Nampa, Idaho. Rimfire Ironworks creates custom wrought iron products.
Funnel 33, Inc. leased 4,319 square feet of office space in Rivershore Place, located at 775 S. Rivershore Lane in Eagle, Idaho.
Saint Alphonsus Diversified Care, Inc. purchased office space in the Hartman Medical Building located at 1075 N. Curtis Road in in Boise, Idaho.
An undisclosed buyer purchased the property located at 4601 W. Chinden Blvd. in Garden City, Idaho.
TNT Door & Millwork Inc. renewed their lease of 8,000 square feet of industrial space located at 11400 W. Executive Drive in Boise, Idaho. TNT Door & Millwork Inc. provides door & millwork fabrication.
Furniture store growth across the Treasure Valley has been a defining characteristic of 2018's retail market. Meridian Home Furnishings expanded into an additional 14,300 square feet in September, only months after moving into their new location at Stonehenge Plaza in Meridian. Likewise, DeMeyer Furniture & Mattress built a nearly 40,000 square foot addition to their property on Franklin Road.
Boise Office
250 S 5th Street, 2nd Floor
Boise, Idaho 83702
Main Phone: 208.378.4600
Nampa Office
16150 N. High Desert Street, Suite 200
Nampa, Idaho 83687
Main Phone: 208.378.4600
Twin Falls Office
195 River Vista Place, Suite 204
Twin Falls, Idaho 83301
Main Phone: 208.944.9694
Idaho Falls Office
1135 Pier View Drive, Suite 120
Idaho Falls, Idaho 83402
Main Phone: 208.227.8148
Coeur d'Alene Office
3322 N. Grand Mill Lane
Coeur d'Alene, Idaho 83814
Main Phone: 208.449.1908