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Idaho News November 2021

Idaho News

Site Selection Group Best States for Manufacturing in 2021, Idaho #8 "For starters, we see some of the “usual suspects” rise to the top... and western states including Utah and Idaho. The inclusion of these western markets near the top of the list is a key difference between these results and those seen in previous years."

Top Commercial Real Estate News November 2021

Commercial Real Estate News

Propmodo | The Pandemic Has Shopping Center REITs Doing Better Than Ever "As traditional retail, offices, and apartments falter, the humble strip mall, an epicenter of community shopping, is proving its lasting value to neighbors and investors alike."

Professional Multi-Tenant Office Building for Sale

Center 151

One of Pocatello's most prominent office buildings is now for sale!

Industrial Vacancy Continues to Hit Historic Lows, While Spec Demand Drives New Construction

TOK Commercial's Industrial Report for Q3 2021 in the Boise MSA

The industrial sector shows no signs of slowing down with absorption surpassing 1 million square feet halfway through the year.

Market Health | September 2021

TOK Commercial Idaho Market Health Report September

INSIGHTS | THE IMPACT OF NEW BUSINESSES ACROSS IDAHO

TOK's Market Health series offers readers a collection of data and graphs that work to explain Idaho's commercial real estate markets. This month, our focus is "New to Market" (NTM) tenants and their impact on office, industrial, and retail product across the state.

Congratulations Brian Wilson! 2021 Power 25 CRE Award Winner

Brian Wilson selected for Power 25 Idaho commercial real estate

The 2021 Power 25 Commercial Real Estate award winners have been released and TOK Commercial is proud to announce that Brian Wilson was selected as one of this year's esteemed recipients!

Office Net Absorption Outpaces 2020, Midway Through the Year

TOK Commercial's Office Report for Q3 2021 in the Boise MSA

Transaction volume picked up significantly in the second quarter, with an increase of over 50 percent in the amount of office square footage absorbed. Midway through the year, net absorption in the Office market already outpaced the amount seen at the end of 2020. Meridian and Downtown Boise have had the most net absorption occur, 192,000 square feet and 105,000 square feet, respectively. Projected supply for Meridian, the market’s second-largest submarket, is currently 10 months.

Labor Shortages Impact the Retail Market, However, the Past Quarter Still Saw Strong Gains

TOK Commercial's Retail Report for Q3 2021 in the Boise MSA

The Retail market experienced a boost in activity during the second quarter, with both gross and net absorption rising dramatically versus Q1 and overall transaction volume up over 60 percent (by number of deals).  As a result of this strong market activity, overall vacancy has declined from 8.6 percent to 7.2 percent. 

Fuller84 Business Park Breaks Ground!

Dignitaries officially break ground at Fuller84 Business Park!

Fuller84 Business Park officially broke ground on the new 60-acre master-planned industrial park, on Friday, July 16th.

Boise MSA Investment Market Poised to See Continued Robust Demand

TOK Commercial's Investment Report for Q2 2021 in the Boise MSA

Investment transaction volume is on pace with the amount seen in 2020 ($574 million). Through the first half of 2021, $232 million in investment product has exchanged hands in the Boise MSA.

Five Locations to Serve You

Boise Office
250 S 5th Street, 2nd Floor
Boise, Idaho 83702
Main Phone: 208.378.4600
Main Fax: 208.947.0869

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
Idaho Falls, Idaho 83402
Main Phone: 208.227.8148

Pocatello Office
151 N. 3rd Street
Pocatello, Idaho 83201
Main Phone: 208.227.8148

Coeur d'Alene Office
PO Box 663
Coeur d'Alene, Idaho 83816
Main Phone: 208.378.4600