The Idaho Business Review highlighted TOK's Market Health data in a recent article addressing what has now become a commonplace topic - Idaho's incredible in-migration which is driving population growth at a rate three times the national average.
Even as the stock market posts record-setting gains, TOK Commercial’s most recent data points to impressive gains for both sales and leasing activity in commercial real estate markets across Idaho. While the trends are very encouraging, they also pose nuanced complexities that commercial real estate participants are grappling with.
Buoyed by positive employment news, TOK Commercial's June 5th data shows that Idaho commercial real estate activity is similarly showing optimistic signs of improvement as evidenced in declining rent relief requests; a gradual resurgence of newly leased space across sectors; and sale transactions spurred by value-add opportunities inherent in market conditions which are evolving, as parties react to changing market metrics. The Idaho Business Review also referenced TOK's "near-real time snapshot of Idaho CRE trends" in an
TOK's property management portfolio includes nearly 1,000 tenants located across three key Idaho markets (Boise MSA, Magic Valley and Eastern Idaho). Utilizing data from our portfolio, we've been able to gather and analyze the Rent Relief requests that have been submitted to our property managers. The metrics we've collected offer a view to genera