Is there potential for Idaho Falls to become the new Silicon Valley?
In a recent article posted by CNBC "Sam Altman-backed nuclear startup Oklo to start site work for Idaho microreactor".
TOK's latest outlook for Eastern Idaho's commercial real estate market highlights important trends for office, industrial, retail and investment properties in 2024.
Office
The strong organic growth the area has seen will likely continue to drive the demand for future office space. Over half of transactions in 2023 were with tenants opening additional locations, expanding their space, or local tenants starting new businesses
Industrial
Spec development is expected to slow slightly with only a handful of projects slated to deliver in 2024. One notable construction project is Idaho Falls Business Park, where 122,600 square feet is expected to deliver
Boise, ID – The Northwest’s leading full-service commercial real estate company, TOK Commercial, is pleased to announce the promotion of seven new partners to its ownership group. The group exemplifies the firm’s commitment to creating meaningful career opportunities for TOK’s team of professionals.
Listed in alphabetical order, the new partners include:
The Titan Center's leasing team of Brian Wilson, Brent Wilson, and Gavin Phillips are excited to announce their partnership with Portneuf Valley Soccer Club in locating a space that would allow the club to open a "state of the art indoor sports facility which will provide the 2,000-plus registered players and their families associated with the club a much-needed space to practice indoors throughout the year" has resulted in the club's plans to open their new facility in the
Introducing Thomson Farms, a 55-acre mixed-use development that seamlessly integrates low, medium, and high-density housing with a conveniently located grocery-anchored shopping center. Approved as a Planned Unit Development (PUD) in 2017, the first two phases of the apartment complex were successfully completed in 2020, offering 190 fully stabilized, cash-flowing units. Future phases will unfold on an additional 47.13 acres, featuring single-family residential lots, townhomes, and retail spaces, completing this ambitious and well-planned community.
Prime Location, Exceptional Value
DEL Properties LLC purchased 3049 E. 17th Street in Ammon. Dustin Mortimer and Nick Terry of TOK Commercial facilitated the transaction.
Randy Neal renewed 918 square feet of office space in Idaho Professional Office Building located at 482 Constitution Way in Idaho Falls. Dustin Mortimer and Nick Terry of TOK Commercial facilitated the transaction.
Harrigfeld Enterprises LLC purchased 780 N. Holmes Avenue in Idaho Falls. Dustin Mortimer and Nick Terry of TOK Commercial facilitated the transaction.
Wixom Counseling, Inc. renewed their office space lease at 610 Woodruff Avenue in Idaho Falls. Dustin Mortimer and Nick Terry of TOK Commercial represented facilitated the transaction.
Strong Life Chiropractic LLC leased 1,000 square feet of office space located at 1869 N. Yellowstone Highway in Idaho Falls. Dustin Mortimer and Nick Terry of TOK Commercial facilitated the transaction.
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