Blog

Rent Relief Data Analyzed by TOK's Research Team

TOK rental concession requests by sector

TOK's property management portfolio includes nearly 1,000 tenants located across three key Idaho markets (Boise MSA, Magic Valley and Eastern Idaho).  Utilizing data from our portfolio, we've been able to gather and analyze the Rent Relief requests that have been submitted to our property managers.  The metrics we've collected offer a view to general business health by comparing the types of rent relief concessions that tenants are requesting as well as the market sector that they represent - office, indus

Industrial Sector's Months of Supply Remains Healthy

Recent Vacant Industrial Space in Southeast Boise

Months of supply is strong for the industrial sector with current supply at 6.6 months. All but one submarket are in the healthy range (less than 18 months). For the last two years, industrial months of supply has remained below 8 months. Also of note, total vacancy in the industrial sector remains low at 3.0%, while multitenant vacancy is 8.50%.  

The Various Impacts of COVID-19 On Idaho Retailers

Grocery store worker fills empty shelves

In the wake of the COVID-19 pandemic, Idaho retailers are feeling the impact personally. Although Idaho hasn’t enacted a shelter-in-place policy at the time of this post, many cities are starting to mandate social distancing orders which directly impacts restaurants, gyms, retail stores, and more.

In response, retailers are becoming resourceful with many restaurants switching to take-out or delivery, fitness centers adding online fitness videos, and retail stores offering online ordering.   

Pages

Subscribe to Blog