TruHIT Fitness Leases Space in Star
TruHIT Fitness leased 3,112 square feet of office space in Seneca Springs Office Park, located at 50 Seneca Springs in Star.
BPM Investments, LLC Acquires Industrial Building
BPM Investments, LLC purchased a 10,632 square foot industrial building on 2.04 acres, located at 1854 E. Lanark in Meridian.
Evaluating the "Shopko Effect"
The overall retail vacancy has oscillated in the mid-7 to mid-8 percentage range for the last 2 years. However, the next two months will witness large back-to-back vacancy increases with the closure of the three Treasure Valley Shopko sites. The 95,000 SF Shopko on Fairview will close this March. In April, the Nampa and Broadway Shopkos are also expected to close, totaling 191,000 SF.
In addition to increasing the vacancy rate, these large vacancies will also dramatically decrease net absorption which is currently -83,000 SF for 2019.
Retail Space Leased in the Brownfield's Building
Awakenings Our Soul leased 2,920 square feet of retail space in the Brownfield's Building, located at 122 N. 5th Street in Boise.
Discovery Pointe Welcomes New Tenant
MODIS, Inc. leased office space in Discovery Pointe, located at 12828 W. Lasalle Street in Boise.
Office Space Leased at 5605 W. Overland Road
Edward Jones & Co. leased office space at 5605 W. Overland Road in Boise.
Propane Gear Leases Space in Garden City
Propane Gear leased 6,000 square feet of retail space located at 4224 W. Chinden Boulevard in Garden City.
Tenant Renews Lease with Five Mile Warehouse
Cradlepoint Technology renewed their 30,112 square feet of industrial space in Five Mile Warehouse, located at 646 N. Five Mile Road in Boise.
Taylor Commerce Park Acquires New Tenant
AAA Roofing leased 2,090 square feet of industrial space in Taylor Commerce Park, located at 1120-1150 W. Taylor Avenue in Meridian.
Brighton Homes Leases Space in Taylor Commerce Park
Brighton Homes Idaho leased 3,768 square feet of industrial space in Taylor Commerce Park, located at 1170 W. Taylor Avenue in Meridian.