To answer these questions, maybe we first must answer: is Covid really over? Is it in our rearview mirror? From my casual nonscientific observation, Boise citizens have ditched the masks and are now crowding the restaurants and watering holes. I still see some social distancing, but I don’t see the …
We are frequently asked by our clients and friends: what has been the effect of COVID-19 on our local real estate market? We try to observe, be objective, do research, read a lot, ask questions, and listen to the answers that people tell us. We are in the business of …
Boise is on all sorts of lists for Best Place to Live, to retire, for millennials, etc. Forbes recently said that Boise is the fastest growing city in the US. Trip Advisor named 8th Street/ Downtown Boise one of the coolest, hippest neighborhoods. Boise and Nampa were named the #2 and …
We try to publish our TRA newsletter quarterly and we strive to talk about issues related to commercial real estate in and around Boise. We try not to focus too heavily on vacancy rates and asking rents because they don’t change that much in a few weeks (and can be …
We have all been deeply affected by the COVID-19 pandemic. A lot of people smarter than I say our lives and businesses will be permanently changed, rather like how America was changed by the terrorist attacks on Sept 11, 2001. This post will focus on how this pandemic has affected …
It’s amazing the effect that COVID-19 has had on our minds and attitudes. Things are constantly changing, and America is a curious mix of full panic and hoarding to almost a cavalier disregard. We humans can easily get panicked, it’s something we do all too easily. And once panic sets …
This year marks the 20th anniversary since Tenant Realty Advisors was formed and began supporting and advising clients in the greater Boise area. When I founded Tenant Realty Advisors in 2000 it was to address the lack of professional advisory services available to tenants in search of commercial office and industrial space. …
We try to keep our TRA blog topical and talk about conditions that either are or may affect our occupier tenants. So here it goes, and we hope this is informative. Boise has been in a strong growth mode the last couple of years. Many would call it a tear …
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 …
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 …