Industrial Property Purchased by West Pioneer
West Pioneer, LLC purchased an industrial investment property located at 455 Benjamin Lane in Boise.
Commercial Lease Types
Entering into a commercial lease is rarely a straightforward process. There are many different factors that are subject to change throughout the leasing process. Understanding the different types of leases is one of the first steps you’ll need to take before entering into any contract.
The list below provides some general information about commercial leases. Other parameters and guidelines with relation to tenant costs versus landlord costs are subject to points outlined in the individual lease.
What is a 1031 Exchange?
A 1031 exchange, also called a like-kind exchange, is a transaction under United States law which specifies that if an asset such as land or a building is sold and the proceeds of the sale are then reinvested in a like kind asset, then no gain or loss is recognized. This allows the deferment of capital gains taxes.
Understanding Commercial Rental Rates
Here we've simplified a summary of rental rates and calculating the monthly cost of space.
Commercial Property Types
This article covers general information about common commercial property types, but it is not a comprehensive list. Note that individual property uses are subject to other guidelines as described by city or county zoning entities.
The Commercial Leasing Process
Leasing space for a business can be a complicated process. There are several variables to consider including location and cost.
Here are general guidelines for how the leasing process works and what you should expect as a business owner. However, keep in mind that the leasing process is often unique for every situation. These steps may vary depending on a variety of factors.
Virtus Services Acquires Building in Boise
Virtus Services, LLC purchased a 3,735 SF building located at 2516 S. Apple Street in Boise.
Idaho Professional Office Building Leases Space
Advantage Legal Services leased 1,295 square feet of office space in the Idaho Professional Office Building, located at 482 Constitution Way in Idaho Falls.
Alpine State Bank Purchases Office Space
Alpine State Bank purchased 4,591 square feet of office space located at 4250 E. Fairview Avenue in Meridian.
New Automated Modular Building Factory Completed
Autovol, an automated volumetric modular manufacturing factory, has completed their new 410,000 square foot facility off Star Road in Nampa. The company will focus on using automated modular construction to build affordable housing units.