The Shopko on 17th Street in Idaho Falls officially closed its doors last month. The former big-box retailer vacated over 90,000 square feet, driving up overall retail vacancy to 8.76%, the highest it’s been in 12 months.
News
Office Space Sold in Boise
Microtechnology Systems, Inc. purchased 6,837 square feet of office space in the Midtown 50 Business Park, located at 125 E. 50th Street in Boise.
The Apollo Building Welcomes Action Collection Services
Action Collection Services, Inc. leased office space in the Apollo Building, located at 6148 N. Discovery Way in Boise.
Retail Construction in Treasure Valley Slows in 2019
Retail construction in the Treasure Valley has been minimal this year with the only active sector being single-tenant pad buildings. As construction costs continue to increase, many developers have found that single-tenant buildings (with a tenant in-tow) present far less risks than spec construction.
New single-tenant pads include O’Reilly off of Idaho Center Blvd., Del Taco in Caldwell, and PIVOT Lifestyle + Fitness Center at Ten Mile Crossing.
The Center for Behavioral Health Management Leases Space
The Center for Behavioral Health Management, Inc. leased 5,105 square feet of office space in the Mercantile Building, located at 404 S. 8th Street in Boise.
Carrie Grant Photography Takes Space in Boise
Carrie Grant Photography leased 1,308 square feet of office space in Bown Crossing, located at 3137 S. Bown Way in Boise.
Retail Space Leased in Oak Park Retail
Mohammed Nouman & Jamal Aijumaili leased 1,201 square feet of retail space in Oak Park Retail, located at 2273 S. Vista Avenue in Boise.
Happy Teriyaki Leases Space on Broadway
Happy Teriyaki leased 1,135 square feet of restaurant space at 1011 Broadway Ave. in Boise.
Stage.O Advisory Services Under Lease
Stage.O Advisory Services, LLC leased 6,420 square feet of office space in the Regan House, located at 110 W. Main Street in Boise.
Garage Slick Leases Industrial Space in Nampa
Garage Slick leased 1,546 square feet of industrial space located at 3621 E. Newby Street in Nampa.