TOK has identified some resources offered by the U.S. Small Business Administration that may be of help to our clients as they navigate COVID-19.  Please refer to the links below which provide additional information: 
 
Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19)
https://www.sba.gov/page/guidance-businesses-employers-plan-respond-coronavirus-disease-2019-covid-19
 

Idaho Falls brokerage services specialist, Brent Wilson was recently interviewed by the Post Register on the future of vacant retail space in the Eastern Idaho commercial real estate market. In the article, Brent mentions that there is interest in Idaho Falls’ vacant retail space. However, he expects the buildings to be reused in new ways.

“It’s what we call adaptive reuse,” Wilson said. “The businesses are going to be the experiential/entertainment-type of uses, golf simulation for one example. There’s also going to be multiple vocational schools occupying big box buildings.” 

The food processing industry continues to grow in the Magic Valley. McCain Foods, the world's largest manufacturer of frozen potato products, recently celebrated the grand opening of their new 259,000 square foot facility in Burley, Idaho. The project began construction in February 2018 and is a roughly a $200 million investment.