U.S. sales of previously occupied homes rose in April
POSTED: Tuesday, May 22, 2012 at 11:40 AM PTBY: The Associated Press
Americans bought more previously owned homes in April, a hopeful sign that the weak housing market is gradually improving. The National Association of Realtors said May 22 that home sales rose 3.4 percent last month to a seasonally adjusted annual rate of 4.62 million. Home sales have rebounded after falling in March and are near [...]
Alleged squatter, tenant farmer, sued 
POSTED: Thursday, May 10, 2012 at 12:10 PM PTBY: Sean Olson
Tags: foreclosures, lawsuit, tenant farming, winter wheat
A legal tussle has flared up after a land transaction sparked the new owner to accuse a tenant of trespassing and growing crops without permission. Darwin McKay had formerly had an ownership interest in about 40 acres of land at 3880 E. Lake Hazel Rd. in Ada County. But he gave it up before a [...]
Ada apartment supply and demand is approaching a balance
POSTED: Wednesday, May 9, 2012 at 10:58 AM PTBY: Brad Carlson
Tags: Apartments
Ada County apartment vacancy averaged 4.7 percent at the end of April, the quarterly Ada Real Estate Surveys report said. The rate is close to the benchmark that analysts say reflects a balance between supply and demand. The survey of larger complexes is a partnership of Cathy Rosera of Perrine Investments and Moe Therrien of Mountain [...]
St. Luke’s buys Falcon office building
POSTED: Wednesday, May 2, 2012 at 06:16 PM PTBY: Brad Carlson
Tags: medical office space, St. Luke's Health System
St. Luke’s Health System recently purchased a three-story, 39,300-square-foot building on the east end of downtown Boise. St. Luke’s will use the Falcon office building to house some of its non-clinical staff such as administrative and support personnel, spokesman Ken Dey said. Move-in is planned early next year following interior improvements. A “generous donation” made [...]
Retail, restaurant market tightens in downtown Boise
POSTED: Tuesday, May 1, 2012 at 02:40 PM PTBY: Brad Carlson
Tags: Commercial Real Estate, Downtown Boise, restaurants, retail
The market for retail and restaurant space is tightening in downtown Boise. “We’ve seen a significant increase in inquiries over the past several months,” said Chris Penland, vice president of real estate and development with Rocky Mountain Companies, which owns the four-story 805 Idaho Building. “It appears there is a positive direction in the market.” [...]
Judge tightens terms of resort suitor’s freedom
POSTED: Sunday, April 29, 2012 at 09:20 AM PTBY: The Associated Press
Tags: Tamarack Resort
A federal judge on April 27 tightened restrictions on an indicted former Tamarack Resort suitor, to prevent him or anybody else from trying to unload disputed assets central to the government’s criminal case against him. U.S. Magistrate Judge Candy Dale stopped short of ordering Matthew Hutcheson back to jail but set new conditions to safeguard [...]
Fresh Off the Hook opening second store in BoDo
POSTED: Friday, April 27, 2012 at 11:37 AM PTBY: Brad Iverson-Long
Fish appear to be multiplying in BoDo, as a Fresh Off the Hook seafood restaurant is planning to open on the same block as the Bonefish Grill and Happy Fish Sushi and Martini Bar. A fish market with some ready-to-eat options, Reel Foods, will open nearby on Capitol Boulevard soon. Fresh Off the Hook seafood [...]
Shadow Hills Square site in play at State Street and Gary Lane
POSTED: Wednesday, April 25, 2012 at 10:45 AM PTBY: Brad Carlson
The sale of 23.1 acres in the northwest quadrant of State Street and Gary Lane could be the next in a series of recent transactions at the busy intersection bordering Boise and Garden City. Colliers International plans to issue a call for offers on the property in early May and continue the process until around [...]
Gino’s, spa dealer make moves at west Meridian plaza
POSTED: Tuesday, April 24, 2012 at 04:00 PM PTBY: Brad Carlson
Tags: restaurants, retail leasing
Business move-ins and expansions are in the works at Mercato Center, at the southeast corner of McMillan and Ten Mile roads in northwest Meridian. Four Seasons Spa & Pool is setting up its second Idaho store. And Gino’s Italian Ristorante, which three years ago moved from downtown Boise, extended its lease and reserved space for [...]
Eminent domain cases arise from ITD project
POSTED: Tuesday, April 24, 2012 at 03:06 PM PTBY: Sean Olson
Tags: Ada County Highway District, Construction, Eminent Domain, Idaho Transportation Department
The Idaho Transportation Department has filed at least two eminent domain lawsuits since late March, part of the process for seizing land for a nearly $20 million bridge project. The largest acquisition, from property owner Terry Owens, is 3.8 acres of a six-acre parcel Owens’ owns at 6175 W. Chinden Blvd. in Meridian. Another acquisition would [...]
