Homer Real Estate, LLC leased 2,492 square feet of office space in the 25th Street Professional Plaza, located at 2240 E. 25th Street in Idaho Falls. Dustin Mortimer of TOK Commercial facilitated the transaction for the landlord and tenant.

CAK Properties, LLC purchased 1718 S. Millennium Way in Meridian. Chris Pearson and Patrick Shalz of TOK Commercial facilitated the transaction for the tenant and landlord.

The amount of sublease space on the market has been increasing since the beginning of the pandemic, both locally and nationally. Many companies, such as call centers, transitioned their staff to work from home setups and some have decided not to return to the office. In many cases, those choosing not to return are national tenants whose policy across the nation is to remain in work from home situations. Pre-COVID, the amount of sublease space on the market in the Boise MSA was 137,000 square feet. Currently, there is 417,000 square feet of sublease space on the market, down slightly from the peak of 466,000 square feet. Downtown Boise and Meridian comprise over 50 percent of the total on the market.

SUNROC Corporation leased 4,932 square feet of office space in Sierra Plaza, located at 2965 E. Tarpon Drive in Meridian. Patrick Shalz of TOK Commercial represented the landlord.