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Real Estate

Zions Bank to fill Boise’s infamous Hole at Eighth and Main

 Zions Bank plans to anchor a 15-story commercial building tabbed for the so-called “Boise Hole” site in the center of downtown, the bank and project developer Gardner Co. announced Sept. 19. Construction is expected to start next spring and conclude ...

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Work due to start soon at Meridian Town Center site (access required)

CenterCal Properties expects to award a construction contract by the end of September for Meridian Town Center site work including utilities, grading, parking, landscaping and lighting, Vice President of Development Craig Trottier said. The company plans up to 1 million ...

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Holiday online retailer plans Meridian call center (access required)

A call center company called ProService plans to open a center in early October at 651 Stratford Drive, Meridian. The 26,374-square-foot space previously housed most of the headquarters of MWI Veterinary Supply, which moved to Boise. The ProService facility will ...

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Commentary: Economic turmoil might benefit commercial real estate

OKLAHOMA CITY, Okla. – The economic turmoil seen in our nation over the past few weeks may actually benefit commercial real estate. At least that is what Los Angeles-based CB Richard Ellis feels based on a report that it released ...

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Commentary: Healthy secondary market vital (access required)

BALTIMORE, Md. – What is the American Dream? For many, the fulfillment of the American Dream is homeownership. To that end, a healthy and accessible primary mortgage market is vital to the success of that dream. And an efficient secondary ...

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Struggling homeowners to gain rights under new Idaho law (access required)

Under an Idaho law that goes into effect Sept. 1, homeowners in default must receive more information than is now required. Under the law: • Lenders must notify borrowers in default that they may request a loan-modification review. • After ...

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Facing 40 percent vacancy rate, Plantation Shopping Center starts renovation (access required)

The owner of the struggling Plantation Shopping Center in Garden City has started a $2 million renovation of the 40-year-old complex. The project is slated for completion by mid-November. Rosen Properties, Bellevue, Wash., bought the center in November 2010 from ...

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15-year loans popular among refinancers in U.S. (access required)

COLORADO SPRINGS, Colo. – Mortgage rates hit near record lows recently when nervous consumers and international investors rushed to buy United States treasury bonds. As a result, more people are moving to refinance. Roy Clennan, president of Colorado mortgage brokerage ...

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Boise Plaza receives LEED certification (access required)

  The owners of Boise Plaza say spending more now will translate into greater energy savings in the future.    Boise Plaza Owner and Director of Development at Rafanelli & NahasScott Schoenherr said the Boise Plaza has achieved LEED Gold certification. ...

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