2020 Boise Idaho Real Estate Blog

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2020 Boise Idaho Real Estate Blogs - Entries 6-15 of 19
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Jun 24

The goal of keeping your powder dry is to be ready to act when a financially viable acquisition becomes available. We've seen some excellent acquisition opportunities in the Boise - Meridian - Nampa - Caldwell - Eagle markets and investors need to act when those opportunities are available.

May 26

There are many mixed signals in the commercial real estate market in the Boise - Nampa - Caldwell market area. Inquiries on listed properties are down, but completed transactions are steady to rising and inquiries and transactions in areas outside of Boise are up.

May 09

I speak to building owners, developers, bankers, and tenants alike every day to get their sense of the local market. While there is no doubt we are experiencing market disruptions, most notably on the equities side of the house, there is quite a bit of quiet optimism out there. For those who have been through real estate cycles before, I see a lot of skilled eyes watching for the opportunities that are starting to show up.

Apr 18

The Boise Valley Commercial Real Estate Market Is In A Dynamic Situation. Many of the market segments are strong, but others are feeling the pinch of the economic slowdown. This is the time to rethink your marketing stragety and to differentiate your business. Don't get caught on your heels, but be on your toes. Not making a decision is more detrimental than making one. If you're in the wrong location, whether that be a physical location or with your business model, make sure you're taking corrective action.

Feb 22

Our observations, for the Treasure Vally, confirm that "commercial real estate follows roof tops."

Feb 13

BOMA Boise held it's 11th Annual Commercial Real Estate Symposium recently and all segments of the indutry seemed to report normal and healty conditions in the Boise and Nampa market. Absorption in the retail market was reported to have been over 1,000,000 sf, a record year.

Jan 13

Why your proposed tenant improvements (TIs) aren't as valuable to the Owner as they are to you, the Tenant. Many tenants ask to have the building owner participate in their TIs only to hear the owner doesn't see a continuing value in those improvements.

Dec 04

I've tried to explain to both building owners and to prospective tenants some fundamental rules as far as leasing in the Boise SMSA. I've explored ways for tenants to understand the way building owners often think about their offers. I'd also like to explore with building owners about how to treat their tenants. Sometimes I feel like building owners can forget that their often negotiating with small, conservative, new business owners who are concerned about the pitfalls of leasing. Owners often need to understand the paradigms of their tenants and need to work at a balanced relationship / partnership.

Nov 12

Along with my normal commercial leasing activities, I also do some pro-bono work to assist small business owners. In the past two months I've assisted two small business owners work through some very tricky lease issues. When you are working on commercial leases, make sure you get the assistance of a commercial real estate agent. You need assistance with typical commercial lease terms and conditions. Without experieinced assistance you may be making sub-optimal decisions.

Oct 17

I have a few minutes to reflect upon commercial real estate activity in the Boise Valley over this last month & about all I can say is "wow."

2020 Boise Idaho Real Estate Blogs - Entries 6-15 of 19
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Michelle Penick, Build Idaho Client Real Estate Services

Michelle Penick

Client Care Team
208.629.0217 | [email protected]

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