Xenicus, LLC leased office space in Lakeharbor located at 3050-3250 N. Lakeharbor Lane in Boise, ID. Xenicus, LLC is a management consulting and service company focused on helping businesses and individuals manage their success. Al Marino, SIOR and Karena Gilbert of Thornton Oliver Keller facilitated the transaction.
News
JB Ventures Renews their lease
JB Ventures, LLC just renewed their lease for 8,750 square feet of industrial space at 2701 Saturn Way. JB Ventures, LLC provides laser cutting services. Chris Pearson, SIOR, and Peter Oliver, SIOR, CCIM of Thornton Oliver Keller facilitated the transaction.
Flex Work Space Adds New Tenants
Whole Brain Photo and Shook Ideas, LLC each leased industrial space in Boise's Flex Work Space.
Welcome, Sam!
Thornton Oliver Keller proudly welcomes Sam McCaskill to our brokerage services team. Sam specializes primarily in land acquisitions and dispositions. You can learn more about his services.
If you have land requirements or need information regarding brokerage services, please reach out to Sam.
Industrial market tightens further
Our analysis for the Industrial market indicates that the Meridian and Caldwell Blvd submarkets reached all-time low vacancy rates in October at 1.7% and 1.6%, respectively.
Office market vacancy rising
November's commercial real estate update for the office market in the Boise area has just been released by our research team. Our team of analysts note several interesting items in this month's data, including: an overall uptick in market vacancy, new office construction in South Meridian, and Canyon County's office absorption being led by the Idaho Center submarket.
Boise named one of the safest cities ... in the world!
MSN recently produced an article detailing the 50 safest cities in the world. They used data that was mined by Numbeo in order to find vacation spots where you're least likely to encounter crime. Nobody wants to have their pocket picked on vacation! Those of us living in Boise is not surprised at all by their findings.
Boise, Idaho came in at #8 on the list of 50. It was one of only two US cities to make the list. (The other US city was Salt Lake City, UT - #49.) If you're curious, the #1 honor went to Abu Dhabi in the United Arab Emirates.
Downtown Office Space Leased
Ahrens DeAngeli Law Group, LLP renewed their office space in C.W. Moore Plaza in Boise, ID. Karena Gilbert and Patrick Shalz, SIOR of Thornton Oliver Keller facilitated the transaction.
New tenant joins companies at I-84 Industrial Park
The Cabinet Makers leased 2,239 square feet of industrial space in I-84 Industrial Park located at 1428 Madison Street in Nampa, ID. Chris Pearson, SIOR, Devin Pierce, SIOR of Thornton Oliver Keller and Brian Watt of Rocky Mountain Management and Development Company facilitated the transaction.
Southwest Idaho's office market very healthy
September 2017's office market statistics are encouraging.
The analysts in our market research team just released the results for the 2017 September market and they're very positive. Total office vacancy decreased from 9.0% to 8.9% which indicates that the office market continues to show movement in the same direction as the rest of the nation. Additionally, multitenant vacancy remained flat at 13.3%. Office users throughout southwest Idaho continue to enjoy the option of choosing from a variety of well designed, easily accessible space in some of the market's top locations.