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Real Estate

Retail to office: ‘An opportunity with every vacancy’ (access required)

Co-working space WeWork opened its second Portland location at Pioneer Place in May, taking 34,000 square feet of former retail space. Similar retail-to-creative office conversions are planned at the Lloyd Center, where a former movie theater was also converted to office space last year, and at the former MacyÕs space in the Meier & Frank Building downtown. Photo by Sam Tenney of the DJC.

On the third floor of Pioneer Place, in downtown Portland, a transformation is taking place that is being replicated across the nation. WeWork, a co-working company, is taking 34,000 square feet of former retail space in the shopping mall. In ...

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US pending home sales fell again in April

A home under contract in Boise.

Americans retreated from signing contracts to buy homes in April for the second straight month, a possible sign that a declining number of homes on the market are stifling sales during the traditional spring buying season. The National Association of ...

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US home prices rising 2 times faster than wages

sold-house-summer-cropped

U.S. home prices climbed in March at the strongest rate in nearly three years as a dwindling supply of houses for sale is causing prices to significantly outpace income growth. The Standard & Poor’s CoreLogic Case-Shiller 20-city home price index ...

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Roundup 5.26.17 (access required)

Norco Medical leased 2,043 square feet at Ironwood Square, 206 W. Ironwood Drive, Suite 206-B, in Coeur d’Alene. Chad Carper, Colin Conway and Casey Brazil at Kiemle & Hagood Co. represented the landlord Bruchi’s Cheesesteak & Sub Shop leased 2,650 ...

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Home sales fell in April amid supply squeeze

harrison-house-for-sale-cropped

Americans pulled back their pace of home-buying in April, as the shrinking number of houses for sale and rising prices are putting them in a bind as their options dwindle. The National Association of Realtors said May 24 that sales ...

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Percussionaire will move into former Coldwater Creek campus in Sandpoint (access required)

Cathy Bird Natoni, daughter of Percussionaire founder Dr. Forrest Bird, and Percussionaire CEO Mark Baillie at the company’s new facility at the former Coldwater Creek campus. Photo courtesy of Percussionaire.

Percussionaire will become the largest tenant of the former Coldwater Creek campus in Sandpoint when the company moves there in June or July. Percussionaire leased nearly 40,000 square feet at the former retailer’s 12-acre headquarters complex, now called the Sandpoint ...

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Roundup 5.19.17 (access required)

HBC Investments LLC purchased 5,631 square feet at 2210 S. Broadway Ave. in Boise. Lew Manglos of Colliers International and Scott Shanks of Dickson Commercial Group represented the buyer. Steve Winger of Colliers International represented the seller in this transaction. ...

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BoDo has a potential buyer

Hendricks Commercial Properties of Benoit, Wisc., has bought BoDo. File Photo.

Downtown Boise’s BoDo commercial complex has a potential buyer. “We’re in the process of negotiating a contract with an investment group,” said Clay Anderson, who handles investment brokerage services at Colliers International in Boise. “It’s too early to tell (if ...

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Roundup 5.12.17 (access required)

Scripps Media Inc. extended its 9,751-square-foot lease at Plaza Seven, 5257 W. Fairview Ave., Suites 230, 232, 235, 250, in Boise. Craig Roberts of Capital Real Estate Partners represented the tenant and Jamie Anderson and Lew Manglos of Colliers International ...

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