Recently Leased | Retail | Kuna, Idaho

Kuna, Idaho – January 2023– Lee & Associates Idaho, LLC has facilitated the lease of a 1,500 SF retail space located at 1159 N. Jacksonmill Ave., Kuna, ID 83634. Lee & Associates’ agents are considered experts in their local markets. In addition, they have access to a national network of 1,000 agents across 60 offices to serve their clients on a local, regional, national and international basis.

Chase Erkins, Principal, and Trey Thomas, Principal, at Lee & Associates Idaho, LLC represented the tenant, Slurp & Burp Sodas, LLC.

Recently Sold | Office Building | Boise, Idaho

Boise, Idaho – June, 2022– Lee & Associates Idaho, LLC has facilitated the sale of a 3,818 SF North End office building, located at, 1414 W. Franklin St., Boise, ID 83702. Lee & Associates’ agents are considered experts in their local markets. In addition, they have access to a national network of 1,000 agents across 60 offices to serve their clients on a local, regional, national and international basis.

Chase Erkins, Principal, and Trey Thomas, at Lee & Associates Idaho, LLC represented the Buyer.

No, Retail is Not Dead

There is a widespread myth that needs to be questioned and confronted, and it goes something like this: First came Amazon, and then came COVID-19, and both killed retail. However widespread, this view of the retail market is inaccurate and incomplete. To be sure, parts of the retail sector are experiencing challenging disruptions, but other aspects of the industry are expanding and thriving. The state of the retail market is a mixed picture of disruption, change, adaptation, and success. This report will review recent consumer retail sales data from the holiday season and January, as well as explain the current state and trends within the sector.

Seven Things to Know About Commercial Real Estate in 2022

While continuous improvement is needed, the economy is recovering from the COVID-19 pandemic. 2022 will build on the recovery that is already underway both in the macroeconomy and in commercial real estate markets. However, don’t expect commercial real estate markets or the rest of the economy to go back to exactly as things were before the pandemic. The pandemic was more than just a shock to aggregate demand. It changed the way people live, shop, and conduct business. Some of the changes may dissipate over time, while others are likely to be permanent. Nearly every commercial real estate sector has been and will continue to be affected one way or another. This report will explain what trends to expect and watch for in 2022. Since no forecast is infallible, keep in mind that there are both upside and downside risks to the outlook. Here are the top seven things you need to know for 2022.

Recently Leased | Office Space | Boise, Idaho

Boise, Idaho – December 2021– Lee & Associates Idaho, LLC has facilitated the lease of an 800 SF office space, located at, 130 S. 5th St., Boise, ID 83702. Lee & Associates’ agents are considered experts in their local markets. In addition, they have access to a national network of 1,000 agents across 60 offices to serve their clients on a local, regional, national and international basis.

Chase Erkins, Principal, and Trey Thomas, Associate, at Lee & Associates Idaho, LLC represented the Landlord, Amy Kunert.