Boise POS Solutions, Inc. renewed their 1,385 square feet of industrial space in the Kendall Center, located at 5561 Kendall Street in Boise. Chris Pearson and Gavin Phillips of TOK Commercial facilitated the transaction.
Nexco, LLC purchased 4,684 square feet of retail space at 1402 S. Broadway in Boise. JP Green of TOK Commercial represented the seller.
Lotus Vaping Technologies renewed their 31,000 square feet of industrial space located at 5118 Sawyer Avenue in Boise. Chris Pearson of TOK Commercial facilitated the transaction.
Elevation Labs leased 10,000 square feet of industrial space in Beehive Business Park, located at 7 N. 580 W. in Blackfoot. Dustin Mortimer of TOK Commercial facilitated the transaction.
2020 began with a strong start for the Retail market, posting 166,000 square feet of positive net absorption in the first 90 days. However, along with the pandemic came many business closures and the subsequent two quarters posted negative net absorption. However, a rebound began in Q4, where the market saw over 400,000 square feet of gross absorption, the strongest quarterly activity since 2013. As a result, net absorption finished the year at 191,000 square feet. The number of transactions completed in Q4 was also up 28 percent from its lowest point in Q2.
Meridian's primary corridor for shopping, entertainment, restaurants, services, and more surrounds Eagle Road. Notable employers — such as Blue Cross of Idaho, Scentsy, and St. Luke's — as well as major shopping destinations — such as The Village at Meridian and Meridian Crossroads — also lie along this corridor making it one of the most vibrant areas of Meridian.
TOK Commercial is pleased to offer prime retail space on "Retail Row" serving the Idaho Falls trade area of over 250,000 people.
TOK Commercial is proud to offer the Twin Falls Incom Industrial Park lots for sale, located at 3125-3249 Eldridge Avenue in Twin Falls, Idaho.
While the impact of COVID-19 on Idaho's commercial real estate markets continues to play out, as we enter 2021, it's very helpful to consider a few key metrics which we believe best highlight the overall condition of individual product sectors.
TOK Commercial is proud to offer 2317 S. Lincoln Avenue for sale in Jerome, Idaho.
Boise Office
250 S 5th Street, 2nd Floor
Boise, Idaho 83702
Main Phone: 208.378.4600
Nampa Office
16150 N. High Desert Street, Suite 200
Nampa, Idaho 83687
Main Phone: 208.378.4600
Twin Falls Office
195 River Vista Place, Suite 204
Twin Falls, Idaho 83301
Main Phone: 208.944.9694
Idaho Falls Office
1135 Pier View Drive, Suite 120
Idaho Falls, Idaho 83402
Main Phone: 208.227.8148
Coeur d'Alene Office
3322 N. Grand Mill Lane
Coeur d'Alene, Idaho 83814
Main Phone: 208.449.1908