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."
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Top Commercial Real Estate News November 2021
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
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
The industrial sector shows no signs of slowing down with absorption surpassing 1 million square feet halfway through the year.
Market Health | September 2021
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
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
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
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!
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
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.