November Market Update
This is a snapshot of data that reflects short-term trends within Idaho’s commercial real estate markets.
Idaho's Rapid In-Migration Drives Common Market Trends
The Idaho Business Review highlighted TOK's Market Health data in a recent article addressing what has now become a commonplace topic - Idaho's incredible in-migration which is driving population growth at a rate three times the national average.
Restore Hyper Wellness Expands to Bown Crossing, Their Second Treasure Valley Location in 2020
The Situation: Seeking a Second Location for Restore
- Restore, a hyper wellness company offering services such as IV Drip Therapy, Cryotherapy and Hyperbaric Oxygen Therapy, recently opened their first Treasure Valley location at The Village at Meridian.
- With a strong first location opening, the owner of Restore Meridian was looking to expand their storefronts in Boise.
A Guided Tour of 11th & Idaho, As Construction Enters its Final Stretch
As the construction of the 11th & Idaho office building quickly progresses, anticipation abounds as the project is slated to welcome office tenants by year's end.
Market Update
This is a snapshot of data which reflects short-term trends within Idaho’s commercial real estate markets.
Year-over-year data for Idaho's markets indicates that Office activity is down 15%, Retail transactions are off by 25% and the Industrial sector is roughly keeping pace with 2019's record performance.
Airport Distribution Ctr. Welcomes ABEL Corp. USA
ABEL Corporation USA leased 11,250 square feet of industrial space in Airport Distribution Center, located at 1049-1077 Boeing Street in Boise. Mike Greene, Peter Oliver, Dan Minnaert, and Devin Pierce of TOK Commercial facilitated the transaction.
Office Building in Idaho Falls Sold
An undisclosed buyer purchased 14,000 square feet of office space in Woodruff Plaza, located at 610 S. Woodruff Avenue in Idaho Falls. Dustin Mortimer of TOK Commercial facilitated the transaction.
M&M Fasteners Leases Space in Kendall Center
M&M Fasteners Supply, Inc. leased 600 square feet of office space in the Kendall Center, located at 5485 Kendall Street in Boise. Chris Pearson and Gavin Phillips of TOK Commercial facilitated the transaction.
Gabbert & Edwards Construction Renews Lease
Gabbert & Edwards Construction, LLC renewed their 550 square feet of industrial space located at 2159 Centurion Place in Boise. Chris Pearson of TOK Commercial facilitated the transaction.
A+ Drain Cleaning & Plumbing Leases Space in Nampa
A+ Drain Cleaning & Plumbing leased 5,081 square feet of industrial space in the Sundance Industrial Warehouse, located at 2603 Sundance Road in Nampa. Chris Pearson of TOK Commercial facilitated the transaction.