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 …
As the market shifts from a tenant market to a landlord market, the question on many minds is when will someone spec a new office building? The Gardner Company has had recent success with the new 8th and Main tower and City Center Plaza, capturing pent up demand for true …
When renewing a lease or purchasing a building, the term “comp” (comparable) is thrown around as landlords and agents justify renewal rates and sales prices. As a tenant or buyer, you may even be provided these comps by the other party as proof that their offer is fair. However, I …
For a small business, negotiating a new lease for office or industrial space is a complex process. The tenant improvement component of a lease, if not handled correctly, can be a thorn in the side of all employees for the entire term of a lease. Having to pay for cost …