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Real Estate

Pandemic halts, delays projects nationwide, AGC survey finds (access required)

The construction site at 323 W. Broad St. in Downtown Boise.

The coronavirus pandemic has caused more than one out of four contractors to halt or delay work on current projects, according to a survey by the Associated General Contractors of America. The survey results show how quickly market conditions have ...

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What stores made the retail apocalypse scorecard for May? (access required)

May marked the announcement of first-quarter earnings for many of the nation’s retailers, which has uncovered a lot of the damage done by shutting down non-essential commerce. Post-pandemic bankruptcy filings to date include a number of well-known brands: Hertz, J. ...

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Amidst company cutbacks, Nordstrom Rack reopens in Boise (access required)

Nordstrom announced the permanent closure of 16 stores during the first week of May, but so far its discount Nordstrom Rack brand has not been affected. The Nordstrom Rack store in Boise Towne Square reopened on May 21. There is no ...

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Roundup 5.26.20 (access required)

U-Haul purchased 86,650 square feet of storage unit space in Kingston Plaza at 1545 W. Broadway in Idaho Falls. Brent Wilson and Brian Wilson of TOK Commercial facilitated the transaction. Ambitious Ink leased 950 square feet of office space at ...

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US home construction drops 30.2% in April as virus rages

WASHINGTON (AP) — U.S. home building plunged in April to the lowest level in five years, taken down by the economic fallout from the coronavirus pandemic. The Commerce Department said Tuesday that ground breakings plummeted 30.2% last month to a ...

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Roundup 5.19.20

Securitas Security Services USA leased 2,431 square feet of office space at 9196 W. Emerald St. in Boise. Greg Gaddis and Bill Beck of Tenant Realty Advisors represented the tenant. Jim Hosac of Intermountain Commercial Real Estate represented the landlord. ...

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Treasure Valley residential real estate rebounds in May (access required)

photo of townhomes for sale

The housing market blinked and then woke back up. According to Boise Regional Realtors (BRR), inventory in the Treasure Valley continued to be scarce in April. The arrival of the pandemic in Idaho delayed the beginning of the spring sales ...

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Commercial real estate market remains strong statewide (access required)

photo of sand creek plaza

It should not come as a huge surprise that commercial lenders are antsy in the face of market uncertainty. In a trend similar to single-family residential, the commercial real estate market has gotten tighter, though cap rates have remained steady ...

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