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Silvester Distributing, Inc. Renews Lease in Boise

Silvester Distributing, Inc. renewed a lease for 4,250 square feet of industrial space located at 4665 Enterprise Street in Boise.

44 East leased 955 square feet of retail space in Generations Plaza II, located at 830 N. Main St., Suite 100 in Meridian.

Wasatch Fleet Service leased 6,000 square feet of industrial space in the King Industrial Park, located at 6336 W. Contractor St. in Boise.

Ada County Highway District leased 17,711 square feet of office space in the CSC Building, located at 1301 N. Orchard St. in Boise.

Demand drive the design of this office space

Overall supply of office space in the Boise area is within a healthy range (13.4 months), despite the lowest vacancy rates since 2002 (7.23%). To put it simply, tenants are able to find space within a reasonable time regardless of the tight market.

While the supply is projected to continue its decline, there has been an increase in demand for spaces over 10,000 square feet. Transactions over 10,000 square feet had a 40% increase from 2017 to 2018, and the demand for these spaces is increasing.

House Of Hounds renewed their 10,967 square feet of industrial space located at 2181 Commerce Ave. in Boise.

Consolidated Electrical Distributors leased 8,727 square feet of industrial space at Central Park Commerce (Bldg. B), located at 2240 S. Cole Road in Boise.