Monday, December 01, 2008
Leasing space, whether that be office, industrial / warehouse, or retail space involves a lot of thought on the part of the tenant. If you're in the retail business, but need some warehousing, you might want to consider "flex" space. If you need a warehouse and are looking for low rent, make sure you don't need 3-phase power. All users have a priority list of needs - whether they've realized it or not. Let's discuss a few of those so your experience will be a tad more enjoyable.
| Posted by Scott Nicholson at 3:42 PM |
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Monday, August 04, 2008
We deal with a lot of people with various levels of experience leasing commercial property. Some people are going out on their own for the first time, others are with an existing company, but may be responsible for the leasing process for their first time, while others have been through the process and are competent in the process. Another factor at work, although rarely discussed, is how to work with commercial real estate agents. We're going to break it down to its essential elements in a series of blogs to help those people who need a little refresher.
| Posted by Scott Nicholson at 7:59 AM |
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Monday, July 21, 2008
People often ask if an owner / landlord would want / be willing to lease a space to them on a short term basis at a low rate. We can always ask an owner / landlord if they are interested in that type of offer, but before you do make that kind of offer, there are some things you should consider.
| Posted by Scott Nicholson at 10:45 AM |
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Tuesday, June 24, 2008
The local market remains somewhat volatile and different market areas & different property types have different responses. Overall, the commercail market remains steady and transactions - at least for us - remain good.
| Posted by Scott Nicholson at 8:58 AM |
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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.
| Posted by Scott Nicholson at 8:14 AM |
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Monday, May 26, 2008
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.
| Posted by Scott Nicholson at 11:03 AM |
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Thursday, May 08, 2008
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.
| Posted by Scott Nicholson at 6:30 PM |
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Friday, April 18, 2008
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.
| Posted by Scott Nicholson at 11:28 AM |
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Friday, February 22, 2008
Our observations, for the Treasure Vally, confirm that "commercial real estate follows roof tops."
| Posted by Scott Nicholson at 8:53 AM |
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Wednesday, February 13, 2008
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.
| Posted by Scott Nicholson at 6:28 AM |
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