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Real Estate

Retail, office vacancy drop in Q1

Retail and office vacancy dropped in the first quarter in the Boise-Nampa metro area, the Colliers International real estate firm said in a new report. Retail vacancy dropped from 13.6 percent at the end of 2010 to 13.4 percent at ...

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Idaho gets mortgage-relief money (access required)

Idaho received $13 million to help unemployed and underemployed homeowners make mortgage payments. The U.S. Department of Housing and Urban Development approved the state’s bid to administer HUD’s Emergency Homeowners Loan Program. The Idaho Housing and Finance Association is accepting ...

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Rural Idaho cities look at ways of attracting development, jobs (access required)

Patrick Nauman understands the challenges of operating a niche business in an Idaho community known for its agriculture ties. The co-owner of Weiser Classic Candy  in Weiser grew up in town, left for several years, only to return and fulfill his ...

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Dept. of Lands inks property management, leasing pacts (access required)

The Idaho Department of Lands recently awarded contracts to manage and lease building space that state endowment trusts own in downtown Boise. Oppenheimer Development Corp. will manage the approximately 122,000 square feet, which houses businesses and state agencies. Thornton Oliver ...

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Appraiser: ‘It’s going to take a long time for recovery’ (access required)

Ken Fields got caught in the real estate meltdown that continues to clobber Idaho. “I feel lucky to have my job, but it is going to take a long time before things start to straighten out,” Fields said. The owner ...

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Homebuilders target infill sites, revamped subdivisions (access required)

Patrick Harper, his wife Christine Hall, and their two children wanted to move from one house in north Boise to another so they could cut maintenance costs while remaining in the older neighborhood. But they couldn’t find one that combined ...

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Winter weather causes ripples in construction employment (access required)

Northeastern snow storms have caused ripples in construction employment numbers nationwide. Unemployment in February in the sector was 21.8 percent, which marked a slight decline from the 22.5 percent reported for January, according to figures from Associated Builders and Contractors ...

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Darren Currin: Two big deals have industry abuzz (access required)

Two big commercial real estate deals that were announced Feb. 28 have the national industry abuzz with heightened confidence in the industry’s ongoing recovery. Blackstone Group LP announced its plans to acquire $9.4 billion of shopping centers located in the ...

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Plantation Business Center grows in former SelEquity R.E. building (access required)

The second and final phase of Plantation Business Center is slated to open by April 1 in the former SelEquity Real Estate complex, 6126 W. State St., Boise, said center Manager Kevin Sackett of ROW Commercial. SelEquity constructed a 6,500-square-foot ...

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