Stericycle, Inc. renewed their lease of 10,462 square feet located at 2855 S. Cole Road in Boise.
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Boise Medical Office Building Sold
Grantharker, LLC purchased a 4,500 SF medical office building at 6500 W. Emerald Street.
Sun Solutions Distribution Remains in Space
Sun Solutions Distribution, LLC leased 6,973 square feet of industrial space located at 2020 N. Elder St. in Nampa.
Two Idaho Falls Big-Box Stores Backfilled
The Idaho Falls’ retail market had a tough start to 2019 with three big box stores closing including Shopko, Sears, and Toys-R-Us. However the year ended on a high note with two out of three of these stores backfilling.
Industrial Property Purchased by West Pioneer
West Pioneer, LLC purchased an industrial investment property located at 455 Benjamin Lane in Boise.
Commercial Lease Types
Entering into a commercial lease is rarely a straightforward process. There are many different factors that are subject to change throughout the leasing process. Understanding the different types of leases is one of the first steps you’ll need to take before entering into any contract.
The list below provides some general information about commercial leases. Other parameters and guidelines with relation to tenant costs versus landlord costs are subject to points outlined in the individual lease.
What is a 1031 Exchange?
A 1031 exchange, also called a like-kind exchange, is a transaction under United States law which specifies that if an asset such as land or a building is sold and the proceeds of the sale are then reinvested in a like kind asset, then no gain or loss is recognized. This allows the deferment of capital gains taxes.
Understanding Commercial Rental Rates
Here we've simplified a summary of rental rates and calculating the monthly cost of space.
Commercial Property Types
This article covers general information about common commercial property types, but it is not a comprehensive list. Note that individual property uses are subject to other guidelines as described by city or county zoning entities.
The Commercial Leasing Process
Leasing space for a business can be a complicated process. There are several variables to consider including location and cost.
Here are general guidelines for how the leasing process works and what you should expect as a business owner. However, keep in mind that the leasing process is often unique for every situation. These steps may vary depending on a variety of factors.