 Lee & Associates Idaho, LLC recently sold 20249 Pinto Rd, Caldwell, ID 83607, a 2.17 AC Industrial Outdoor Storage site located in Caldwell, ID. The property was purchased by Aspen Canyon Properties LLC. Nick Provenzano, Jason O'Very, and Michael Bergmann facilitated the transaction.
Key amenities for this site include M-1 Zoning uses, a 30' security gate for controlled access, a compacted gravel storage yard, and 3,346 SF of structural improvements. Please reach out for more information: [email protected]
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 Lee & Associates Idaho, LLC recently sold 18.4 acres at the Southwest Corner of Hwy 44 and Can Ada Rd in Star, ID. Nick Provenzano represented the Seller, Idaho Power Company, who wrote the following testimonial: "Idaho Power rarely sells land but used Nick recently for a deal in Star, Idaho and he was extremely hardworking and attentive throughout the process. He was able to find a buyer for us quickly and helped close the deal without problems!" -Idaho Power Company
The site was acquired by RBB, LLC. The zoning for the site allows for a future commercial and light industrial development. Please reach out with any questions or further discussion regarding this transaction. -Nick Provenzano / [email protected]  Lee & Associates Idaho, LLC recently sold a 2.5 acre industrial lot, located at Farmway Rd in Caldwell, ID. Nick Provenzano facilitated the transaction for the Buyer, Idaho Power Company.
Please reach out anytime for any questions or further discussion regarding this transaction. - Nick  Nick Provenzano with Lee & Associates Idaho, LLC recently leased a 10,000 Sq.Ft. build-to-suit warehouse. The Tenant, Play It Again Sports, has officially opened doors at 2303 Caldwell Blvd, Nampa, ID 83651.
 Lee & Associates Idaho, LLC recently sold approximately 12 acres zoned industrial, located at E Ustick Rd in Caldwell, ID. Nick Provenzano and Drey Campbell represented the Seller, Dina Consulting & Design LLC. The site was purchased by the City of Caldwell.
Please reach out for any questions or further discussion regarding this transaction. - Nick Provenzano / [email protected]  Lee & Associates Idaho, LLC recently sold 225 & 229 W Franklin Rd, Meridian, ID 83642. Nick Provenzano represented the Buyer, TRT, LLC.
Feel free to reach out for any questions or further information regarding this transaction. -Nick Provenzano / [email protected]  Lee & Associates Idaho, LLC recently sold the Northwest Corner of Highway 16 & Floating Feather Rd. in Star, ID. Nick Provenzano and Jason O'Very represented the Seller, Toll Southwest, LLC. The site was purchased by Calvary Chapel Star, Inc.
Please reach out for any questions or further discussion regarding this transaction. - Nick Provenzano / [email protected]  Below are my bullet point notes and takeaways from attending the Industrial Real Estate Conference (I.CON West) hosted by NAIOP in Long Beach, CA. Please reach out if you have any questions or would like to discuss further. - Nick Provenzano / [email protected]
 Lee & Associates Idaho, LLC recently sold (+/-) 20,580 Sq.Ft & 4 acres located at 15854 & 15900 Gunfire Rd, Caldwell, ID 83607. Nick Provenzano and Jason O'Very represented the Seller, Cold Steel Properties, LLC.
This sale is a testament to the strong industrial demand in Boise for Class B & C product on low-coverage sites which provides ample yard storage and truck circulation. Please reach out for any questions or further discussion regarding this transaction. - Nick Provenzano / [email protected]  Lee & Associates Idaho, LLC
1. Business-Friendly Environment: Boise, Idaho, has a reputation for being business-friendly, with a supportive local government and a low-tax environment. The city is known for its pro-business policies and efforts to attract and retain companies. 2. Population Growth: Boise is experiencing significant population growth, making it an attractive market for businesses. The city's population has been steadily increasing over the years, providing a growing customer base and potential workforce. 3. Access to Talent: Boise is home to a number of esteemed universities and colleges, including Boise State University. This educational infrastructure helps attract and nurture a skilled workforce, offering businesses a pool of talented individuals to recruit from. 4. Quality of Life: Boise consistently ranks among the top cities in the United States for quality of life. With a low crime rate, abundant recreational opportunities, a vibrant arts and culture scene, and a strong sense of community, the city provides an excellent living environment for employees and their families 5. Cost of Living: Compared to many other major cities in the United States, Boise has a relatively low cost of living. This factor can be advantageous for businesses in terms of attracting and retaining talent, as employees can enjoy a higher standard of living with a lower cost burden. 6. Affordable Commercial Real Estate Prices: Boise offers relatively affordable commercial real estate prices compared to major metropolitan areas. This affordability enables businesses to secure office spaces, retail locations, or industrial facilities at a lower cost, allowing for more flexible budgets and potential cost savings. 7. Affordable Fuel and Utilities: Idaho has consistently ranked among the states with some of the lowest fuel prices in the nation. This can be advantageous for businesses that rely on transportation or have a fleet of vehicles. Additionally, Boise's utility costs, such as electricity, water, and natural gas, are generally more affordable compared to many other cities, reducing overhead expenses for businesses. 8. Short Commute Times: Boise is known for its short commute times, even during peak hours. The city's infrastructure and well-planned road systems help minimize congestion and traffic delays. This efficiency in commuting not only enhances the work-life balance for employees but also reduces transportation costs and increases productivity for businesses. 9. Strategic Logistics and Distribution hub: Boise's strategic location and well-developed transportation infrastructure make it an ideal logistics and distribution hub. The city's proximity to major interstates, including Interstate 84, provides efficient access to the Western States, Mountain West Region, and Pacific Northwest Region. This strategic position enables businesses to easily access regional markets and streamline their supply chains. 10. Access to Major Markets: Boise's central location within the western region of the United States offers convenient access to major markets. With relatively short transportation routes to cities like Seattle, Portland, Sacramento, Salt Lake City, Las Vegas, and Denver, businesses can efficiently reach large consumer bases and establish strong distribution networks. This accessibility enhances the speed and efficiency of goods and services reaching customers. |
Lee & Associates Idaho, LLC
AuthorNick Provenzano, Commercial Real Estate Advisor. Archives
December 2024
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