Boise Has Been Discovered!

Boise has been experiencing a lot of growth recently and as commercial real estate advisors who specialize in working with new companies either considering moving here or actually moving here we are frequently asked: “Who is moving here?” Last year in the Kiplinger newsletter the authors said Boise was ‘attracting …

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Our Looming Office Space Shortage

The local Boise, Meridian, Eagle, Nampa, and Caldwell economies have been on a tear since 2015/2016. Everywhere you go you see new construction, and roads are torn up. We are seeing traffic get heavier and finding a parking spot harder. City elected officials are talking about new civic projects. Like …

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The Current Market Cycle

According to Wikipedia and CNN Business and other sources, the Great Recession was officially between 2007 and 2009. But as most remember it took a long time or seemed like too long a time to recover to pre-recession levels of business activity. Now the recovery is at 106 months plus which is …

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The Wild, Wild West of Idaho Leasing

It’s the Wild Wild West in Idaho for leasing office or industrial space, so HOWDY PARTNER and you are on your own, BUCKAROO! Would you believe that the broker who is purporting to represent you in your lease negotiations is not required to have a real estate license? It’s true: …

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Avoiding Additional Rent ”Gotchas”!

Ask a corporate real estate person what is the most confusing and contentious aspect of an office lease, and the answer will almost always be the operating expenses section. All commercial leases contain at least a few paragraphs of language on how the operating expenses are handled.  Many tenants enter …

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Office Leasing 101 for Nonprofits

Given that a nonprofit organization’s facility costs are typically the second highest cost on its balance sheet (after staff), securing a good lease on the best office space should be a high priority. Unfortunately, we’ve found that real estate costs and commitments are often not addressed in the best way.  …

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7 questions you should ask before leasing office space

Most business owners and managers are experts in the fields they’ve chosen — not in commercial real estate. When it’s time to find new office space, it’s normal to not know what to look for. To get you started, here are seven questions office building tenants should ask prior to …

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Representing you: What it really means

“I am going to represent you.” Lately I have wondered what a client seeking office or industrial space thinks when we say that. “Represent” can mean different things to different people; inevitably a client’s expectation is colored by his or her past experiences. Has the person been represented in a …

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Follow the Money!

Here’s an important question you may not have thought to ask: How is my commercial real estate agent getting paid? It applies to agents representing both the landlord and, in our case, the tenant. I have been in this profession for over 40 years and rarely have I heard a …

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