Grace Moving & Storage Renews Space in Kendall Center
Grace Moving & Storage, Inc. renewed their 21,800 square feet of industrial space in the Kendall Center, located at 5329 Kendall Street in Boise.
Xcelerated Concepts Takes Space in the Radar Building
Xcelerated Concepts, LLC leased 1,038 square feet of office space in the Radar Building, located at 407 W. Bannock Street in Boise.
Sage Investments Acquires Land in Stanley
Sage Investments, LLC purchased 2.27 acres located at 100 Danner Lane in Stanley.
CJP'S, LLC Leases Industrial Space in Nampa
CJP'S, LLC leased 2,250 square feet of industrial space located at 1910 Madison Avenue in Nampa.
Notable Deals Featured in the Local Press
Stirling Staging Renews Lease
Stirling Staging, LLC renewed their 9,300 square feet of industrial space located at 3880 Development Avenue in Boise.
Retail Market Exhibits Varied Dynamics
Unsurprisingly, 2019 Retail net absorption has been heavily impacted by the three Shopko (285,400 SF total) and one Sears (120,800 SF) store closures. These combined closures have put the Retail market on pace for its lowest absorption since 2009 and net absorption could remain negative throughout 2019 unless some of these recent big-box vacancies are able to backfill. Additional big-box closures have not been announced, so total vacancy will likely remain steady throughout the remainder of the year.
Macquarie Holdings Takes Space in Times Square Court
Macquarie Holdings (U.S.A.), Inc. leased office space in Times Square Court, located at 1556 Times Square Court in Boise.
Bridger Building 2 Leases Space to Heritage Imaging
Heritage Imaging, Inc. leased office space in Bridger Building 2, located at 12554 W. Bridger Street in Boise.
Retail Space Leased in Stonehenge Plaza Shops
9Rounds leased 1,377 square feet of retail space in Stonehenge Plaza Shops, located at 1580 N. Stonehenge Way in Meridian.