It is that time of year when we reflect back on the previous twelve months and wonder what the next twelve months may bring. Here are some (very) random thoughts on the state of the Boise metro/Treasure Valley office and industrial properties markets. In 2023, the local office building market …
We are seeing mixed messages in our national and local economy, as well as in Boise area commercial real estate activity. It is difficult to describe. Some segments are doing quite well. For example, smaller office tenants are gobbling up space around 2,000 to 5,000 SF in West Boise, Meridian …
They say that in real estate it is all about location, location, and location. I would argue a bit on this. Timing is just as important or maybe even more important, particularly when renewing your lease or securing new office or industrial space. We always counsel our friends and clients …
As our clients and friends know, Tenant Realty Advisors acts as fiduciary advisors or representatives for the interests of occupiers of office and industrial space. After founding TRA in 2000, our firm still has no direct competition. No other Boise area brokerage firm follows our business model of strictly and …
Boise has been on a growth tear with the population increasing and new to the area companies moving in. Boise was steadily growing before the pandemic and the pandemic accelerated growth. Some people have said that the pandemic didn’t cause all the changes rather sped some of them up. These days …
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 …