October's industrial vacancy rate in the South Meridian submarket fell from 16.0% to just 1.3% - the lowest vacancy rate for that area since 2009. The significant drop in vacancy is primarily due to UPS leasing 98,200 square feet in Sunstone Place, located just off Eagle Road, at 2100 S. Silverstone Way. The projected months of industrial supply in the South Meridian submarket now hovers near the 2 month mark and lease rates have remained in the range of $0.65 to $0.75/SF, NNN through 2018.
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Keystone Hospice Leases Office Space
Keystone Hospice leased 6,300 square feet of office space in Eagle Island Crossing located at 17-21 N. Fisher Park Way in Eagle, Idaho.
SBJ, LLC Signs Lease For Space at Cloverdale 9
SBJ, LLC leased industrial space in the Cloverdale 9 building, located at 1243 W. Executive Drive in Boise, Idaho.
Confidential Background Investigations Takes Space at Lakeharbor
Confidential Background Investigations leased 988 square feet of office space in Lakeharbor, located at 3050-3250 N. Lakeharbor Lane in Boise, Idaho.
Obsidian Investments Purchases Property
Obsidian Investments, LLC purchased a Napa Auto Parts store located at 1504 N. Wildwood Way in Boise, Idaho.
FRSTeam Leased 8,000 Square Feet in Boise
FRSTeam leased 8,000 square feet of industrial space located at 10742 Executive Drive in Boise, Idaho. FRSTeam provides restoration services.
Quality Thermistor Renews Lease in Boise
Quality Thermistor, Inc. renewed their 15,000 square feet of industrial space located at 2108 Century Place in Boise, Idaho.
St. Mary's Crossing Welcomes New Tenant
Talboy Law Office leased office space in St. Mary's Crossing, located at 2537 W. State Street in Boise, Idaho.
Bridger 2 Leases Space to Protech Supply
Protech Supply, LLC leased space in the Bridger 2 Building, located at 12554 W. Bridger Street in Boise, Idaho. Protech Supply, LLC provides sales of computer components.
Greenwood Motor Lines Renews Space
Greenwood Motor Lines, Inc. renewed their 10,500 square feet of industrial space located at 4665 S. Enterprise Street in Boise, Idaho. Greenwood Motor Lines operates as a transportation company and offers logistics services.