Bartlett Homes and Roofing, LLC purchased 1.84 acres of land at Troutner Business Park in Meridian. Sam McCaskill and Michael Ballantyne of TOK Commercial facilitated the transaction.
Pinnacle Enterprises, LLC purchased 9.1 acres of land located at 5414 Franklin Road in Meridian. Chris Pearson TOK Commercial represented the buyer.
Like most sectors, the uncertainty at the onset of the pandemic resulted in a brief slowdown for the commercial land market in early 2020, however, the sector picked back up in the latter half resulting in a year-end total of 345 acres sold and a total consideration of over $68 million.
JC Eagle Concrete leased 0.8 acres of land located at 6180 W. Gowen Road in Boise. Holly Chetwood of TOK Commercial represented the tenant.
An investor purchased a 0.83 acre parcel of land in Madison Industrial Park, located at 8515 E. Cash Lane in Nampa. Chris Pearson and Al Marino of TOK Commercial represented the seller.
1545 Bird Dog, LLC purchased 1 acre of land at located at 1545 E. Bird Dog Dr. in Meridian. Michael Ballantyne and Sam McCaskill of TOK Commercial represented the seller.
As many areas of Idaho continue to experience significant growth — from residents, to development, and employment — Twin Falls has followed suit. Typically known for its strong agricultural industry, recent data from the U.S. Bureau of Labor Statistics proves that Twin Falls is experiencing significant growth in many other industries with one of the largest percentages of growth in non-farm employment across the nation in the past year.
The Snake River Canyon is one of Twin Falls' most iconic scenic attractions, where the Snake River cuts through ancient basalt lava flows creating a spectacular view as you pass over the Perrine Bridge — spanning nearly 500 feet above the river — leading into the city of Twin Falls. This popular destination is where residents and tourists of the area hike, kayak, fish, and even BASE jump.
Idaho's rapid development and in-migration are no longer a secret as the state, and Boise in particular, continue to gain national attention for the number of inbound residents and development occuring to keep up with it. State natives and newer Idahoan's alike are finding the land market to be very competitive as the "Boise land rush" narrows land opportunities available.