Five Mile Plaza Leases to New Tenant
American Promotional Events Inc. West leased 500 square feet of retail space in Five Mile Plaza, located at 10346-10500 Overland Road in Boise. JP Green of TOK Commercial facilitated the transaction.
Retail Space Leased in Barber Valley
Spring Education Group leased 11,345 square feet of retail space to be built in Barber Valley, located at 3110 E. Barber Valley Drive in Boise. Holly Chetwood of TOK Commercial facilitated the transaction.
December 2021 Market Health Report
2021 INSIGHTS | TOP 5 IDAHO CRE TRENDS WRAP-UP
This month, TOK's Market Health series offers a summary of the key trends that impacted Idaho's commercial real estate product over the past year. Our Holiday Wrap-Up includes our Top 5 takeaways of 2021 ranging from retail's rebound to office's outlook, industrial's inventory, land's lessons, and finally, investment ideals.
Enjoy the read!
RETAIL | Retailers and restaurants are enjoying substantial success across Idaho with leasing activity driven by a healthy mix of new and expanding businesses.
PRESENT MARKET CONDITIONS
Silverstone Plaza Welcomes Newest Tenant
Sekady Capital, LLC leased 5,941 square feet of office space in Silverstone Plaza, located at 3405 E. Overland Road in Meridian. Karena Gilbert of TOK Commercial represented the landlord.
Creative Nail Spa Joins Orchard Park
Creative Nail Spa, Inc. leased 1,200 square feet of retail space in Orchard Park, located on W. Chinden Blvd. in Meridian. JP Green of TOK Commercial facilitated the transaction.
Verdi Wealth Planning Renews Office Space
Verdi Wealth Planning renewed their 2,276 square feet of office space in River Quarry, located at 412 E. Parkcenter Blvd. in Boise. Gavin Phillips of TOK Commercial facilitated the transaction.
Idaho News November 2021
Site Selection Group | Best States for Manufacturing in 2021, Idaho #8 "For starters, we see some of the “usual suspects” rise to the top... and western states including Utah and Idaho. The inclusion of these western markets near the top of the list is a key difference between these results and those seen in previous years."
Washington Post | The Geography of the Great Resignation "Idaho is second in the nation in quit rates (the number of workers who quit their jobs, divided by total employment)."
Top Commercial Real Estate News November 2021
Propmodo | The Pandemic Has Shopping Center REITs Doing Better Than Ever "As traditional retail, offices, and apartments falter, the humble strip mall, an epicenter of community shopping, is proving its lasting value to neighbors and investors alike."
PwC & ULI | Emerging Trends Report Finds Positive Commercial Real Estate Environment "Significant capital, low interest rates and continued demand for many product types are creating a positive commercial real estate environment."
Boise State Leases Industrial Space
Boise State University leased 12,000 square feet of industrial space located at 5498 W. Albatros Lane in Boise. Mike Greene, Patrick Shalz, and Peter Oliver of TOK Commercial facilitated the transaction.
Brighton Properties
Portfolio
Brighton Corporation's commercial property portfolio includes some of the most significant projects in the Boise area. Projects encompass office, industrial, retail and land development.
Current available product is showcased below.