In early 2020, Brent Wilson made a prediction. Brent, along with Brian Wilson, met with Idaho State Journal to delve into the results of this hunch.
In this Idaho State Journal article titled "Commercial Real Estate defining East Idaho businesses", the team spoke on commercial real estate growth, specifically in East Idaho. To read more on what Brent and Brian discussed, please see the article here.
Office Evolution Idaho, LLC leased 7,900 square feet of office space in the Forum One Building, located at 408 S. Eagle Road in Eagle. JP Green and Karena Gilbert of TOK Commercial represented the tenant.
The Concrete Cure, LLC renewed their 2,000 square feet of industrial space in the Kendall Center, located at 5449 Kendall Street in Boise. Chris Pearson and Gavin Phillips of TOK Commercial facilitated the transaction.
American Promotional Events Inc. West leased 500 square feet of retail space in Five Mile Plaza, located at 10346-10500 Overland Road in Boise. JP Green of TOK Commercial facilitated the transaction.
Spring Education Group leased 11,345 square feet of retail space to be built in Barber Valley, located at 3110 E. Barber Valley Drive in Boise. Holly Chetwood of TOK Commercial facilitated the transaction.
This month, TOK's Market Health series offers a summary of the key trends that impacted Idaho's commercial real estate product over the past year. Our Holiday Wrap-Up includes our Top 5 takeaways of 2021 ranging from retail's rebound to office's outlook, industrial's inventory, land's lessons, and finally, investment ideals.
Enjoy the read!
PRESENT MARKET CONDITIONS
Sekady Capital, LLC leased 5,941 square feet of office space in Silverstone Plaza, located at 3405 E. Overland Road in Meridian. Karena Gilbert of TOK Commercial represented the landlord.
Creative Nail Spa, Inc. leased 1,200 square feet of retail space in Orchard Park, located on W. Chinden Blvd. in Meridian. JP Green of TOK Commercial facilitated the transaction.
Verdi Wealth Planning renewed their 2,276 square feet of office space in River Quarry, located at 412 E. Parkcenter Blvd. in Boise. Gavin Phillips of TOK Commercial facilitated the transaction.
Site Selection Group | Best States for Manufacturing in 2021, Idaho #8 "For starters, we see some of the “usual suspects” rise to the top... and western states including Utah and Idaho. The inclusion of these western markets near the top of the list is a key difference between these results and those seen in previous years."
Washington Post | The Geography of the Great Resignation "Idaho is second in the nation in quit rates (the number of workers who quit their jobs, divided by total employment)."
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. Grandmill Lane
Coeur d'Alene, Idaho 83814
Main Phone: 208.449.1908
Spokane Office
717 W. Sprague Ave. Suite 1202
Spokane, Washington 99201
Main Phone: 509.606.5090