Andon Business Park Welcomes Newest Tenant
Options, Inc. leased 1,090 square feet of office space in the Andon Business Park, located at 850 E. Franklin Road in Meridian. Chris Pearson of TOK Commercial represented the tenant.
Options, Inc. leased 1,090 square feet of office space in the Andon Business Park, located at 850 E. Franklin Road in Meridian. Chris Pearson of TOK Commercial represented the tenant.
Red Rock Medical Supply leased 4,200 square feet of industrial space located at 1763 W. Marcon Lane in Meridian. Chris Pearson and Brian Wilson of TOK Commercial facilitated the transaction.
Automotive Service Equipment renewed their 2,260 square feet of industrial space located at 216 W. 38th Street in Garden City. Chris Pearson of TOK Commercial facilitated the transaction.
Boise POS Solutions, Inc. renewed their 1,385 square feet of industrial space in the Kendall Center, located at 5561 Kendall Street in Boise. Chris Pearson and Gavin Phillips of TOK Commercial facilitated the transaction.
Nexco, LLC purchased 4,684 square feet of retail space at 1402 S. Broadway in Boise. JP Green of TOK Commercial represented the seller.
Lotus Vaping Technologies renewed their 31,000 square feet of industrial space located at 5118 Sawyer Avenue in Boise. Chris Pearson of TOK Commercial facilitated the transaction.
Elevation Labs leased 10,000 square feet of industrial space in Beehive Business Park, located at 7 N. 580 W. in Blackfoot. Dustin Mortimer of TOK Commercial facilitated the transaction.
2020 began with a strong start for the Retail market, posting 166,000 square feet of positive net absorption in the first 90 days. However, along with the pandemic came many business closures and the subsequent two quarters posted negative net absorption. However, a rebound began in Q4, where the market saw over 400,000 square feet of gross absorption, the strongest quarterly activity since 2013. As a result, net absorption finished the year at 191,000 square feet. The number of transactions completed in Q4 was also up 28 percent from its lowest point in Q2.
Meridian's primary corridor for shopping, entertainment, restaurants, services, and more surrounds Eagle Road. Notable employers — such as Blue Cross of Idaho, Scentsy, and St. Luke's — as well as major shopping destinations — such as The Village at Meridian and Meridian Crossroads — also lie along this corridor making it one of the most vibrant areas of Meridian.
TOK Commercial is pleased to offer prime retail space on "Retail Row" serving the Idaho Falls trade area of over 250,000 people.
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
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195 River Vista Place, Suite 204
Twin Falls, Idaho 83301
Main Phone: 208.944.9694
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1135 Pier View Drive, Suite 120
Idaho Falls, Idaho 83402
Main Phone: 208.227.8148
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3322 N. Grandmill Lane
Coeur d'Alene, Idaho 83814
Main Phone: 208.449.1908
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717 W. Sprague Ave. Suite 1202
Spokane, Washington 99201
Main Phone: 509.606.5090