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Real Estate

Investment firm buys downtown parcel of land (access required)

A downtown Boise parcel of under a quarter acre sold for $357,000 – about $37.50 per square foot – in a live auction April 21.TKO Investments, Boise, purchased the 9,532-square-foot property, on the northwest corner of Fifth and Grove streets, ...

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Office building to be completed by June (access required)

Palmeadow Professional Suites, a 19,450-square-foot building under construction on State Street between Boise and Eagle, is expected to be completed in June.Beechwood Builders has purchased a space of nearly 3,000 square feet and plans to lease part to residential architecture ...

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Rising land prices make affordable housing rare (access required)

Rising land values make new home prices increase, and are “taking away affordable housing,” especially for first-time buyers, said Boise urban analyst and planning consultant Wayne Forrey.A standard, entry-level housing lot in urbanized Ada County, of 6,000 square feet in ...

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Rising land values change area's development plans (access required)

Look around Ada County and you’ll see how five years of rising land values have changed much of the area’s development picture.Office and office-warehouse “flex” buildings are going up in areas once earmarked for less costly industrial and warehouse structures.Peter ...

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Rehab clinic plans to triple its space (access required)

St. Alphonsus’ Regional Rehabilitation Services plans to nearly triple the space it occupies in the building it shares with St. Al’s Physicians Services in north Nampa.Craig Jussel, coordinator of occupational rehabilitation for St. Alphonsus Rehabilitation Services, said the Nampa expansion ...

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Bank, two buildings planned for southeast Boise (access required)

A Utah-based partnership plans to build a three-building commercial complex on Apple Street in southeast Boise – including a Washington Mutual Bank branch – near Carriage Crossing Apartments.Plans filed with Boise City Development Services indicate Carriage Crossing Shopping Center would ...

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Corporate housing firm acquires Boise-based co. (access required)

Wolff Corporate Housing, Spokane, recently acquired Corporate Quarters in Boise.Corporate Quarters provides short-term, executive accommodations in nine multi-family housing developments in the Boise area.“Given the relative concentration of corporations headquartered in Boise, we see this as an outstanding acquisition,” David ...

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Industrial space vacancy rates drop to 1.51% (access required)

Vacancy in Treasure Valley industrial buildings has dropped to the point that finding available space is difficult, a report from the Boise office of Colliers International says.Colliers, which tracks 29 million square feet of industrial space in the Boise area, ...

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Six-story office building planned (access required)

Boise developer RS Hosac Inc. has purchased a half-acre parcel at the northwest corner of 11th and Main streets in downtown Boise and plans to construct a six-story, 75,000-square-foot Class A office building to be called Royal Plaza.Nate Hosac, leasing ...

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Retail development planned for office park (access required)

Blackeagle Center, a 400,000-square-foot office park in southwest Boise, could see retail-related construction on the northwest corner of Overland and Maple Grove roads this year.The 45-acre park has sprouted office buildings since 1997, but no retail-related building – though the ...

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