News

Welcome to Millworx

Posted by zach@mcmillanphillips.com on November 27, 2024

 

Q4 2024 Boise MSA Retail Market Trends

Posted by Marketing Team on November 15, 2024
Caldwell Idaho Retail Market Space for Lease Tilian Indian Creek

Fundamentals remained healthy for the Retail market at the end of Q3. Total vacancy ended at 4.3 percent, marking September as the 7th consecutive month where vacancy has remained below 5 percent. Overall vacancy is anticipated to stay tight through the remainder of the year, which will ultimately keep lease rates on the rise.

Q4 2024 Boise MSA Industrial Market Trends

Posted by Marketing Team on November 13, 2024
Boise MSA Industrial Building in West Boise submarket

Over the past 12 months, the market has seen the delivery of more than 4.3 million square feet of new industrial space. This increase in supply has ultimately caused overall vacancy to remain elevated at 8.6 percent. Multitenant vacancy is currently at 23.2 percent, slightly below the record high of almost 24 percent seen at the end of June. Overall months of supply has also increased to 18.7 months, up from 12.6 months at this time last year. 

October Markets Update

Posted by Marketing Team on November 11, 2024
Idaho's Commercial Real Estate Markets Update for October 2024 Provided By TOK Commercial Real Estate

Idaho Commercial Real Estate Markets Update | October 2024

The Future of Northern Idaho Real Estate

Posted by zach@mcmillanphillips.com on October 31, 2024
Coeur dAlene Retail Space on Government Way for Lease

Northern Idaho has long held a captivating allure, especially with the picturesque background of the Selkirk Mountains and the world-renowned Lake

Grayson Stone Awarded Prestigious SIOR Designation

Posted by Marketing Team on October 30, 2024
Grayson Stone TOK Commercial Magic Valley brokerage

[Twin Falls, Idaho] –  TOK Commercial is pleased to announce that Grayson Stone has achieved the prestigious SIOR designation awarded by the Society of Industrial and Office REALTORS®.

Midyear 2024 North Idaho Market Trends

Posted by Marketing Team on October 16, 2024
Coeur d'Alene commercial real estate aerial

North Idaho's Industrial market saw over 630,000 square feet of new Class A space come online with over 90 percent delivering in Post Falls. A large portion of this is attributed to the buildings at 140 & 150 Beck Road that completed earlier this year and added more than 400,000 square feet of space to the market. All the new space has pushed total vacancy up to 19.5 percent.

September Markets Update

Posted by Marketing Team on October 7, 2024
boise idaho fall

Idaho Commercial Real Estate Markets Update | September 2024

Midyear 2024 Eastern Idaho Market Trends

Posted by Marketing Team on September 19, 2024

The number of commercial land transactions in Eastern Idaho surged by 23 percent compared to this time last year. Over the first half of 2024, more than 119 acres of commercial land sold, with total consideration exceeding $8.6 million. Additionally, the number of commercial permits issued has increased by 9 percent, while the total value of these permits has skyrocketed by nearly 140 percent year-over-year.

Five Locations to Serve You

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

Nampa Office
16150 N. High Desert Street, Suite 200
Nampa, Idaho 83687
Main Phone: 208.378.4600

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, Suite 120
Idaho Falls, Idaho 83402
Main Phone: 208.227.8148

Coeur d'Alene Office
3322 N. Grand Mill Lane
Coeur d'Alene, Idaho 83814
Main Phone: 208.449.1908