Change is hard but, as Bob Dylan lamented, it is inevitable. Such is the case with tenant improvement allowances. Free rent, low rates, flexible terms and generous tenant improvement allowances have all been on the table since 2009. But as the market heats up and vacancy rates fall, tenants are …
2016 has kicked off with a bang here in Boise with a variety of larger deals/moves. While most of the absorption consists of existing local tenants expanding and taking more space as opposed to new tenants moving into the area, the net effect has been a decrease in vacancy and …
Whether you own or lease commercial real estate in the Treasure Valley or anywhere in the U.S., over the next several years new rules will redefine how properties are bought, sold, leased and accounted for on financial statements. Changes on the Horizon For over a decade the FASB (Financial Accounting Standards …
We invite you to take a moment to view our new video. For more information about office leasing in the Boise area, contact us today!
Finding an appropriate location and negotiating a lease for a commercial property can be a pain. You have to find an ideal location, manage your term and rent requirements, ensure you pay a fair price for the space and its amenities, and stop competition from renting in the same location—All …
For many businesses, a brick and mortar office is key to the daily functions of the organizations. Perhaps you’ve already had your own office space for some time now, but your company has grown to the point where you need to work in a larger space. Maybe you conceded some …
Are you getting ready to dive into the commercial real estate market? If you happen to be looking for a space to rent for your business, you will want to go into the process knowing relevant terminologies. From A to Z, there are hundreds of commercial lease terms that are …
Choosing the right commercial leasing agent will take time and research. You want to make sure that whoever you work with has the right combination of expertise, negotiation skills and personality to suit your professional needs. Don’t just take a cursory glance over an agent’s qualifications, but dig into the …
Quick summary Challenge: Finding an appropriate office space in a tight market and on a short timeline to avoid a $300,000 holdover penalty and a lawsuit. Solution: We located a space that on the surface seemed small but actually had the perfect amount of usable space. We negotiated with the landlord to …
Who is your landlord? Given Boise’s slow but steady commercial growth, we don’t see the headline grabbing developments popping up to attract out of state developers. So we remain largely a locally controlled market with a few large players and many smaller, ‘one-off’ owners/investors. It is wise to understand the …