No, Retail is Not Dead

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Photo of Retail Is Not Dead Banner Header

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.

Recently Leased | Retail Space | Meridian, Idaho

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Photo of building located at 1450 W. Ustick Rd., Meridian, ID 83646

Meridian, Idaho – January, 2022– Lee & Associates Idaho, LLC has facilitated the lease of a 1,225 SF retail space, located at, 1450 W. Ustick Rd., Meridian, ID 83646. 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 Tenant, Ada Chiropractic, LLC.

Recently Leased | Retail Space | Meridian, Idaho

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Photo of 1500 Locust Grove Rd. Property

Meridian, Idaho – January, 2022– Lee & Associates Idaho, LLC has facilitated the lease of a 3,204 SF retail space, located at, 1500 N. Locust Grove Rd., Suite 103, Meridian, ID 83642. 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.

Michael Bergmann, Principal, and RJ Walker, Associate, at Lee & Associates Idaho, LLC represented the Landlord, Darrell G. and Carolyn S. Taylor Trust and Chase Erkins, Principal, and Trey Thomas, Associate, at Lee & Associates Idaho, LLC represented the Tenant, Marin Boxing Academy, LLC.

Recently Leased | Retail Space | Boise, Idaho

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Photo of 8005 W. Fairview Property

Boise, Idaho – January, 2022– Lee & Associates Idaho, LLC has facilitated the lease of a 1,218 SF retail space, located at, 8005 W. Fairview Ave., Boise, ID 83704. 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, Crossroads Re, LLC.

Recently Leased | Retail Space | Boise, Idaho

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Photo of 992 N. Milwaukee St. Building

Boise, Idaho – January, 2022– Lee & Associates Idaho, LLC has facilitated the lease of a 2,654 SF retail space, located at, 992 N. Milwaukee St., Boise, ID 83704. 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 Tenant, T & G Hams.