44 East leased 955 square feet of retail space in Generations Plaza II, located at 830 N. Main St., Suite 100 in Meridian.
News
Wasatch Fleet Service Takes Space in King Industrial Park
Wasatch Fleet Service leased 6,000 square feet of industrial space in the King Industrial Park, located at 6336 W. Contractor St. in Boise.
CSC Building Welcomes New Tenant
Ada County Highway District leased 17,711 square feet of office space in the CSC Building, located at 1301 N. Orchard St. in Boise.
Office Space Design Driven By Demand
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 Renews Lease in Boise
House Of Hounds renewed their 10,967 square feet of industrial space located at 2181 Commerce Ave. in Boise.
Consolidated Electrical Distributors Leases Industrial Space
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.
MNC Enterprises Takes Space in Franklin Business Center
MNC Enterprises leased 2,728 square feet of industrial space in the Franklin Business Center, located at 1604-1648 E. Plaza in Nampa.
Shops at Pioneer Square Welcomes New Tenant
Express Personnel leased 1,325 square feet of retail space in the Shops at Pioneer Square, located at 5720 Cleveland Blvd. in Caldwell.
Gray's Art & Framing Renews Lease
Gray's Art & Framing, LLC renewed their 1,022 square feet of office space in Flex Work Space, located at 6054 W. Clinton Street in Boise.
Looking Toward the Future
National tenants are expected to continue popping up in the Valley as local population growth and Boise’s accumulation of national accolades and attention are piquing the interest of out-of-state retailers. Multiple planned projects are on the horizon with the possibility of breaking ground in 2019 or 2020 - including Costco at Chinden & Ten Mile, Winco at Linder Village, and Winco on Overland.