Interchange Properties, LLC Purchases 1557 Midway Ave.
Interchange Properties, LLC purchased the property at 1557 Midway Ave. in Ammon. Dustin Mortimer of TOK Commercial facilitated the transaction for the buyer and seller.
Interchange Properties, LLC purchased the property at 1557 Midway Ave. in Ammon. Dustin Mortimer of TOK Commercial facilitated the transaction for the buyer and seller.
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.
Physical Therapy Lab leased 1,648 square feet of office space in Redstone Springs, located at 660 E. Franklin Road in Meridian. Holly Chetwood and Patrick Shalz of TOK Commercial represented the landlord.
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.
Nurturing Connections leased 3,077 square feet of office space located at 1379 E.17th Street in Idaho Falls. Dustin Mortimer 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.
Honeywell International, Inc. renewed their 2,568 square feet of office space in Westpark Corp. Campus, located at 9941-9955 W. Emerald Street in Boise. Patrick Shalz, Dan Minnaert and Devin Pierce of TOK Commercial represented the landlord.
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.
Berkadia Real Estate Advisors, LLC renewed their 1,491 square feet of office space in the Olympus Building, located at 6225 N. Meeker Place in Boise. Patrick Shalz of TOK Commercial facilitated the transaction.
Dr. Mary Migliori renewed 3,107 square feet of office space in the Greystone Building, located at 250 Bobwhite Court in Boise. Patrick Shalz of TOK Commercial facilitated the transaction.
Boise Office
250 S 5th Street, 2nd Floor
Boise, Idaho 83702
Main Phone: 208.378.4600
Main Fax: 208.947.0869
Twin Falls Office
195 River Vista Place, Suite 204
Twin Falls, Idaho 83301
Main Phone: 208.944.9694
Idaho Falls Office
1135 Pier View Drive, Suite 140
Idaho Falls, Idaho 83402
Main Phone: 208.227.8148
Pocatello Office
151 N. 3rd Street
Pocatello, Idaho 83201
Main Phone: 208.227.8148
Coeur d'Alene Office
PO Box 663
Coeur d'Alene, Idaho 83816
Main Phone: 208.378.4600