Industrial Vacancy Hits Historical Low in Airport Submarket

Submitted by Anonymous (not verified) on Tue, 09/24/2019 - 08:09

Industrial vacancy in the Airport submarket, one of the most active industrial areas in Boise, hit 1.04% in August. This is the submarket’s lowest vacancy rate on record.

Along with low vacancy, the submarket has only 1.4 months of supply and has reached nearly 300,000 square feet of net absorption so far this year.

Most of 2019’s largest industrial deals have occurred in the Airport submarket, including Solitco's leasing of the former Shopko distribution center (347,000 SF) and Western Power Sports' expansion of their facility by 105,000 SF.

J. Oates Portrait Design Selects New, Optimal Location

Submitted by Anonymous (not verified) on Mon, 09/23/2019 - 08:09

The Situation: Rebranded company seeks greater exposure

  • After calling on one of JP Green’s listed properties, the owner of J.Oates Portrait Design expressed interest in engaging JP as a tenant rep in the company’s search for a high visibility retail location.
  • As a result of an extensive rebranding initiative, J.Oates was seeking to expand the physical size of their studio while also garnering critical exposure for their new brand which was strategically positioned as a high-end professional portrait studio.

Best Places to Live in 2019? Meridian & Idaho Falls

Submitted by Anonymous (not verified) on Mon, 09/23/2019 - 05:09

Each year, Money.com ranks the top "100 Best Places to Live in America." To create the Best Places to Live ranking, the website evaluates everything from cities to towns to neighborhoods. They collect nearly 160,000 different data points, interview residents and even consider intangible factors that aren’t revealed by mere statistics.  Boise and Meridian have both graced this list in past years.

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