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Real Estate

Roundup 9.20.13 (access required)

KC Riverwoods LC purchased the 276,099-square-foot U.S. Bank Building, at 101 S. Capitol Blvd. in Boise. David Wali, Clay Anderson and Mike Christensen, of Colliers International, facilitated the transaction. Port One Five LLC leased 744 square feet of office space ...

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US home sales hit 6½-year high but could slow soon

U.S. home sales rose last month to the highest level since February 2007 as buyers rushed to close deals before mortgage rates increased further. Yet the gain could represent a temporary peak if higher rates slow sales in coming months. ...

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Rising home prices a lifeline for underwater Ada County mortgages (access required)

Foreclosure and home value data paint a bright picture of the housing market in Ada County, but underwater mortgages are still causing trouble for homeowners who want or need to sell. Data from RealtyTrac indicates foreclosures are down nationwide, including ...

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Wal-Mart Neighborhood Market introduces infill development (access required)

Boise’s first Wal-Mart grocery store could set the stage for similar infill development. The 44,000-square-foot store will open Oct. 1 in the Cole Village Shopping Center at Cole and Ustick roads. The Wal-Mart Neighborhood Market concept differs from a traditional ...

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Horse Station adds Cushman Wakefield as broker (access required)

Cushman & Wakefield Commerce Real Estate Solutions has been brought on as the exclusive real estate brokerage firm and listing agent for The Horse Station at Cache Valley, a 167-acre, mixed-use project located near Preston on the Idaho-Utah border. The ...

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Redesigned Flatbread Neapolitan Pizzeria planned in Eighth and Main (access required)

A very different Flatbread Neapolitan Pizzeria is planned for Boise’s Eighth and Main building. Owner Robert Lumsden said the restaurant on the second floor of the building, which is still under construction, will not look like any of the company’s other Treasure ...

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Gordmans to open in former Parkcenter Kmart store in Boise, more national tenants planned

Gordmans will move into the long-vacant Kmart site on Parkcenter Boulevard. The off-price department store recently leased the 51,000-square-foot space near the corner of Parkcenter and Apple Street, according to Thornton Oliver Keller’s September 2013 Market Update. The Nebraska-based chain has two ...

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Idaho foreclosure rate continues descent

The number of foreclosed homes and foreclosure starts in Idaho have continued to plummet, with Idaho now far below the national average foreclosure rate. Idaho ranked 39th in the country in August in foreclosure rate, with one of every 2,355 ...

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Freddy’s Frozen Custard & Steakburgers to open in Treasure Valley (access required)

Freddy’s Frozen Custard & Steakburgers will be joining the Idaho restaurant landscape. Cushman & Wakefield Commerce Managing Broker LeAnn Hume said the Wichita, Kan.-based chain plans to open three to four locations starting in the next 18 months. The full ...

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