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The overall supply of office space in the Boise area has been steadily declining over the past three years and in September, vacancy rates hit a new 15 year low of 8.13%.  

According to Forbes, Boise is listed #28 on the list of 200 Best Places for Business and Careers.  As the employment rate continues to decrease and more companies open up shop in Boise and the surrounding cities, it is highly likely that office space vacancy will continue to decrease at a proportionate rate.   

Holly Chetwood and Laurie Reynoldson of Thornton Oliver Keller recently received the highly coveted CCIM designation for their excellence and experience in commercial real estate. CCIM stands for Certified Commercial Investment Member and is a global community of 13,000 members comprised of 50 chapters in 30 countries. Members are considered leading experts in financial & market analysis and investment strategy.

There’s just something about a downtown culture that can’t be replicated. You can’t plug in a formula and mass produce Boise’s downtown scene anywhere else across the country. This is what makes doing business in a downtown setting so unique and rewarding. A majority of our retailers are local, and a majority of our patrons are loyal to local. This is special and worth protecting while we foster productive growth in our city. We are naturally experiencing a nice balance of local, regional, and national retailers in the downtown core and that’s not by accident.

Aspatore Ventures, a venture capital firm based out of the San Francisco Bay area, has leased a portion of the former Balihoo office in BoDo.  The company plans to invest over $100 million through a combined incubator and venture capital operation.  The start-ups it plans to finance will bring numerous jobs to all of Idaho.  One of its ventures, Execshape, focuses on helping executives manage their health and well-being.