Tech Park, LLC purchased 60,113 square feet of industrial land on Stanley Street in Idaho Falls. Brent Wilson and Brian Wilson of TOK Commercial facilitated the transaction.
Ruben Auto Repair, LLC leased 5,400 square feet of industrial space located at 2380 Gallatin Avenue in Idaho Falls. Dustin Mortimer of TOK Commercial facilitated the transaction.
TOK Commercial is pleased to announce that its commercial real estate brokerage team has successfully closed the sale transaction of the former Sears retail anchor space in the Grand Teton Mall.
Eastern Idaho, like the rest of the U.S., is experiencing an exceptionally high demand for well-located industrial space. Warehouse, logistics, and distribution sites are an essential component of the economy's expansion into online commerce, and businesses of all sizes are pivoting to remain competitive. The industrial property offered for lease at 3875 American Way in Idaho Falls, is a perfect fit for tenants searching for space to facilitate their distribution or manufacturing requirements.
While the past few months have created major setbacks and challenges for most cities' economies, Idaho Falls has proven to have a recipe for economic stability despite the pandemic.
Two former Kmart buildings (located in Idaho Falls and Ammon) were recently purchased by U-Haul, as the company continues its acquisition of vacant buildings across the U.S., converting the structures into climate-controlled self-storage centers. The Idaho Business Review wrote an interesting article about the Eastern Idaho transactions and U-Haul's plans for the future. Brent Wilson, Brian Wilson, and Bob Mitchell helped to facilitate the transactions.