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Real Estate

When a routine Rexburg replat was anything but routine (access required)

A simple, routine replat request in Rexburg raised eyebrows and concern because of the unique nature of the city’s zoning ordinances and the conditions created by the presence of the city’s biggest business: Brigham Young University–Idaho (BYU-I). “It was finally ...

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MoFi funds 2 new Idaho projects in Q1 2022 (access required)

The economic development organization MoFi recently arranged federal credits from the New Market Tax Credit (NMTC) program for three Treasure Valley projects during the first quarter of 2022. The Idaho Business Review (IBR) previously covered the first project, to revitalize ...

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St. Luke’s buys McCall building for workforce housing (access required)

Photo of the building that the St. Luke's Health System bought at 212 N 3rd Street in McCall to help improve the workforce housing available for its employees

The St. Luke’s Health System bought a commercial property in McCall to help with the problem many of its employees have with finding affordable housing in the area. St. Luke’s made the announcement on April 21 that it has purchased ...

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Roundup April 26

Boise Acupuncture Cooperative leased 2,303 square feet of space at 1516 W. Grove St. in Boise. Dennis Kelley and Steve Yates with Stark Accelerators Commercial Real Estate represented the landlord. Duncan Richardson with Lee & Associates represented the tenant. CAK ...

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What is an industrial space anyway? (access required)

With more and more people and businesses flocking in, Idaho is seeing an increase in industrial construction. But what exactly is an industrial space, anyway? Warehouse space and industrial space are two terms that are often used interchangeably, but in ...

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Roundup April 19

Alchemist Beverages LLC leased 3,864 square feet of industrial space at 5220 N. Sawyer St. in Boise. Dan Minnaert and Devin Pierce of TOK Commercial represented the landlord. Michael Bergmann of Lee & Associates represented the tenant. BRBC Properties LLC ...

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Nampa booming again with 4 new industrial sites (access required)

Any conversation about Nampa inherently involves the word “growth.” But a more accurate description of the city, particularly from the perspective of its industrial expansion, would warrant the term “exploding.” In September, the Nampa Development Corporation (NDC) announced it had ...

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Biz ‘Bite:’ Ada County home prices reach new high in March (access required)

Boise Regional Realtors (BRR) has shared updated statistics around Ada County home prices:  The median sales price for homes in Ada County reached $575,000 in March 2022. This jump was driven primarily by the new construction segment, which saw a ...

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Roundup April 12

Bohyme Beauty Boutique leased 1,080 square feet of retail space at 901 Main St. in Caldwell. Brianna Miller and Nick Schuitemaker of TOK Commercial facilitated the transaction.  CJM LLLP purchased a 2,789-square-foot retail building at 302 Oneida St. in Rupert. Sara ...

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Roundup April 5

Ace Hardware leased 13,694 square feet of retail space in the Hillcrest Shopping Center, 5100-5350 Overland Road in Boise. Holly Chetwood, JP Green and Pat Shalz of TOK Commercial represented the landlord. Sherry Schoen of Newmark Grubb Acres represented the ...

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