Chipotle to open at The Village at Meridian

Chipotle Mexican Grill has signed a lease at The Village at Meridian. Read the rest of entry »

Retail is leading the way in commercial market

The commercial real estate market continues to improve each month, and retail is leading the way. We have seen nine consecutive quarters of vacancy decline. Retail vacancy is currently 8.4 percent, the lowest since 2007. Unanchored vacancy has declined even more sharply, from more than 25 percent in 2009 to 17.9 percent today. Retail absorption is 682,000 square feet year-to-date, and is projected to end the year at the highest level since 2007. Read the rest of entry »

The Village at Meridian Welcomes New Tenants

If you have driven through Idaho's busiest intersection recently, you have surely noticed that The Village at Meridian is coming together quickly. In the past 6 weeks Big Al's Entertainment Center, Gordman's and Marshall's have opened their doors. Future tenants include the Gap Outlet, Chipotle, Petco, Nike Factory Outlet and Chick-Fil-A. Read the rest of entry »

Commercial Real Estate Review for July

Total office vacancy declined for a fourth consecutive month from 13.3% to 13.1%. Multi-tenant vacancy has declined for seven straight months to 17.9%. Read the rest of entry »

Walmart Neighborhood Concept Coming to West Boise

Walmart has signed a lease for 44,200 SF in the Cole Village Shopping Center on the northwest corner of Cole & Ustick Roads. Read the rest of entry »

Commercial Real Estate Review for May

Total office vacancy has continued to decline for the past five quarters and ended April at 13.5%. Read the rest of entry »

Ulta Cosmetics to open next to Nordstrom Rack

In April, Ulta Cosmetics began tenant improvement work on their second location in the Treasure Valley. Read the rest of entry »

Another Ross Location to Open in Boise

Ross Dress for Less leased 25,000 SF in Plantation Shopping Center and Revolution Concert House is currently undergoing tenant improvement work in its 30,000 SF space at Glenwood City Centre near the intersection of Chinden & Glenwood. Read the rest of entry »

Retail Construction Is Making A Comeback!

2012 could see the most retail product delivered in years. Read the rest of entry »

Commercial Real Estate Review for March

Total office vacancy and Multi-tenant vacancy remained flat in February (14.1% and 19.4%, respectively). Read the rest of entry »