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Real Estate

A recovery shot for local golf courses (access required)

Two Treasure Valley golf courses are changing hands, while a third officially went on the market late last week. The nine-hole Indian Lakes Golf Course at 4700 Umatilla has a pending offer, according to Nancy Lemas of KW Commercial in ...

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Nonprofit will buy former Macy’s for affordable housing (access required)

A nonprofit development company is due to buy the former downtown Macy’s on Dec. 2 and turn it into affordable apartments and community space. Northwest Real Estate Capital Corp. met with officials from the Capital City Development Corp., or CCDC, ...

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Idaho, Montana commercial real estate firms merging (access required)

Three commercial real estate firms, including one based in Montana, and one property management firm will merge by the start of next year. Grubb & Ellis’ Idaho and Montana affiliates, Hume Commercial Real Estate in Boise and TSC Management in ...

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New Orofino Commercial Park drawing tenants, including out-of-staters (access required)

 The small town of Orofino has a  new warehouse and multi-use space that’s already getting heavy use. The 10,000-square-foot Commercial Park opened earlier this month and already has eight tenants for the ten units.  “I’m trying to encourage businesses to come ...

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Apartment vacancy down in Ada County (access required)

Occupancy in Ada County apartment complexes is down from a year earlier, and rents are a bit higher, the Oct. 1 Ada Real Estate Surveys report says. The improvement in occupancy started last year and solidified last spring, said survey ...

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Industrial vacancy drops slightly (access required)

Industrial building vacancy has dropped in southwest Idaho since mid-year, helped by business expansions and a lack of speculative construction, said Boise-based industrial property brokers Jake Tucker and Steve Foster of Colliers International. Vacancy rose from 10.9 percent at the ...

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Nampa Canyon Plaza to see more construction (access required)

More construction is planned at Nampa Canyon Plaza. The shopping center at the northwest corner of Karcher Road and Nampa-Caldwell Boulevard has WinCo Foods, Shopko and a new Hastings store among occupants. A multi-tenant retail building of 6,000 to 7,000 ...

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Riverside hotel sold; upgrades planned (access required)

The DoubleTree Hotel Boise Riverside hotel was renamed The Riverside Hotel after an acquisition Oct. 18. Idaho-based Riverside Hospitality LLC bought the 303-room hotel from Texas company Westmont Hospitality Group. The hotel is on 14.5 acres between Chinden Boulevard and the ...

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Whole Foods, Walgreens construction to start (access required)

   Construction of a 35,000-square-foot Whole Foods Market natural foods store and separate Walgreens pharmacy of 15,000 square feet is set to start Oct. 21 near Front and Myrtle streets on the east end of downtown Boise. A groundbreaking ceremony ...

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In ‘nobody’s market,’ houses sell, prices fall (access required)

Home sales in Ada County increased by 13 percent year over year for September, bringing year-to-date sales to a rate more than 7 percent higher than last year. In all, 564 homes were sold in Ada County last month, according ...

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