For years I've heard from people arriving in Boise from out-of-state, that they were shocked by the lack of urban living options in downtown. As of 2018, that is no longer a concern. There are now over 1,000 dwelling units under construction or planned in the downtown submarket. This is a big market indicator for retailers because these are the people who will be spending their money in this submarket with increasing frequency and will spread across more categories than the 9-5, M-F demographic which only works in downtown Boise.
News
Downtown Boise Hotels Can't Keep Pace With Demand
There’s just something about a downtown culture that can’t be replicated. You can’t plug in a formula and mass produce Boise’s downtown scene anywhere else across the country. This is what makes doing business in a downtown setting so unique and rewarding. A majority of our retailers are local, and a majority of our patrons are loyal to local. This is special and worth protecting while we foster productive growth in our city. We are naturally experiencing a nice balance of local, regional, and national retailers in the downtown core and that’s not by accident.
Salvation Army Sells North End School Property
The sale of the Salvation Army’s Marian Pritchett School property located in Boise's North End was just finalized. John Stevens, CCIM, a partner at Thornton Oliver Keller who specializes in commercial real estate investment property, represented the Salvation Army. The Idaho Business Review wrote a very informative article about the property's sale.
Former Kmart Space Fully Leased
The former Kmart building located on Fairview Avenue in west Boise is now fully occupied. The building's new tenant, Woodland Kids, leased the last available 12,000 square feet.
IOU Sushi Renews Lease
IOU SUSHI renewed their lease of 1,700 square feet in the Fairview/Milwaukee Plaza located at 1517 N. Milwaukee in Boise, Idaho.
Medical Office Building in Nampa Sells
Boise Medical Center LLP purchased a 10,600 square foot office building at 1200 Garrity Blvd. in Nampa, Idaho.
Eagle Pavilion Welcomes New Tenant
Idaho Kettlebell Strength and Conditioning leased 1,293 square feet of retail space in the Eagle Pavilion retail center, located next to Albertsons on South Eagle Road, in Eagle, Idaho.
Boise Welcomes Idaho’s First Public Market
Vacant retail spaces are back-filling throughout the country featuring a variety of new users: furniture stores, trampoline parks,
Evergreen Prosthetics & Orthotics, LLC Leases Office Space
Evergreen Prosthetics & Orthotics, LLC leased office space in Curtis Business Plaza, located at 1070 N. Curtis Road in Boise, Idaho.
Boise Gateway Industrial Park Launch Event Draws Community Leaders
The project launch event for Boise Gateway Industrial Park enjoyed strong attendance by commercial real estate professionals, City of Boise officials, Boyer Company (the developer) and the press.