Bright Bank leased 4,200 square feet of pad space in The Bridges at Lakemoor, located in Eagle. JP Green of TOK Commercial facilitated this transaction.
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Fashion Nail Spa Renews Retail Space in McMillan's Corner
Fashion Nail Spa, LLC renewed their 1,334 square feet of retail space in McMillan’s Corner, located at 13613 McMillan Road in Boise. JP Green and John Stevens of TOK Commercial facilitated the transaction.
Cascade Drilling Renews Lease on Industrial Space
Cascade Drilling renewed their lease for 3,168 square feet of industrial space located at 6480 Contractor Street in Boise. Chris Pearson of TOK Commercial facilitated the transaction.
Craig Counseling Leases Office Space in Idaho Falls
Craig Counseling leased 125 square feet of office space located at 1070 Riverwalk Drive in Idaho Falls. Dustin Mortimer of TOK Commercial facilitated the transaction.
Garden City's Rock Bottom Granite Leases Industrial Space
Rock Bottom Granite leased 14,553 square feet of industrial space located at 5103 N. Sawyer Avenue in Garden City. Chris Pearson of TOK Commercial facilitated the transaction.
Burly Meats Leases Retail Space In Burley
Burly Meats, LLC leased 3,010 square feet of retail space at 655 N. Overland Ave. in Burley. Dan Wilhelm and Grayson Stone of TOK Commercial facilitated the transaction.
Summit Spine and Sport Chiropractic Lease Idaho Falls Office Space
Summit Spine and Sport Chiropractic, PLLC leased 2,737 square feet of office space located at 1515 Ashment Avenue in Idaho Falls. Dustin Mortimer of TOK Commercial facilitated the transaction.
Firehouse Subs Leases Retail Space in Ammon
Firehouse Subs leased 1,900 square feet of retail space in Sandcreek Commons, located at 3417 S. 25th E. in Ammon. Brent Wilson and Brian Wilson of TOK Commercial facilitated the transaction.
Idaho CRE Market Health
TOK Commercial’s data and expert opinion on the businesses and trends for Idaho’s commercial real estate market indicates: sales and leasing activity continues at about 50% off the pre-Covid-19 pace and doesn’t indicate any significant near-term change in those metrics. While Idaho’s weekly Sales and Leasing Activity metrics offer a glimpse into today's conditions, watch our Sales Pipeline Predictor data closely, as it will indicate when Idaho's CRE market begins to recover.
Retailers Begin to Rebound from COVID-19 Impact
The past month brought a glimmer of hope for Idaho retailers moving forward. May 1st marked the beginning of Idaho’s Stage 1 of reopening, with many non-essential retailers being allowed to open their doors for the first time in over a month. Stage 2 of reopening began May 16th – allowing for another wave of business owners to open –including dine-in restaurants, salons, and fitness centers. Stage 3 began last week, on May 30th, as most remaining retailers – such as bars and movie theaters – were able to open their doors. Although shopping, entertainment, and services may look different as retailers must still adhere to business protocols – the buzz of excitement is in the air.