Industrial
The Colliers Industrial Services team represents a combined 20 years of experience in the sale and leasing of industrial real estate from both a tenant/buyer and landlord/developer perspective.
With emphasis on ethics, attention to detail, and client loyalty, the Industrial Services team at Colliers – Boise/Sun Valley is an invaluable asset in solving the real estate needs and requirements of the Treasure and Wood River Valleys, as well as national businesses and organizations.
The team at Colliers – Boise tracks approximately 29 million square feet of industrial space in the Treasure Valley, including the cities of Boise, Eagle, Meridian, Nampa and Caldwell. These statistics are based on buildings 10,000 square feet and larger.
Despite a stagnant national economy, the Boise industrial market is stable, especially when compared to other western markets. Vacancy rates have increased slightly but remain below the national average due to the rapid growth of the Boise market in addition to the lack of speculative building. Lease rates have leveled as landlords have become more aggressive in making transactions.
The west Boise, Meridian and Eagle markets continue to be the most active, due to the dynamic growth of the Boise metropolitian area. Logistics and big box distribution companies are showing greater interest in the Boise area due to the expanding population and the proximity to larger markets such as Salt Lake, Seattle, Portland and Reno.
May 31, 02:03 PM