Recently Leased | Retail | Pocatello, Idaho

Pocatello, Idaho – August 2021– Lee & Associates Idaho, LLC has facilitated the lease of a 1,500 SF retail space, located at, 1100 Yellowstone Ave., Pocatello, ID 83201. 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, Cupbop, and the Landlord, TCSS, Limited Company.

Recently Sold | Retail Building | Boise, Idaho

Boise, Idaho – June, 2021– Lee & Associates Idaho, LLC has facilitated the sale of a 2,254 SF retail building, located at, 1439 S. Weideman Ave., Boise, ID 83709. 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, at Lee & Associates Idaho, LLC represented himself and the Seller, Street Properties, LLC was represented by Randy Limani at the Arthur Berry Company.

Recently Leased | Industrial Space | Boise, Idaho

Boise, Idaho – June 2021– Lee & Associates Idaho, LLC has facilitated the lease of a 3,690 SF industrial space, located at, 153 N. Benjamin Ln., 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.

Michael Bergmann, Principal, and RJ Walker, Associate, at Lee & Associates Idaho, LLC represented the Landlord, Westpark II LTD Partnership and the Tenant, SZ Vape Idaho, LLC was represented by Chase Erkins, Principal, and Trey Thomas, Associate, at Lee & Associates Idaho, LLC.

Recently Sold | Retail Building | Boise, Idaho

Boise, Idaho – June 2021– Lee & Associates Idaho, LLC has facilitated the sale of a 9,952 SF retail building, located at, 1700 W. Main Street, 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, at Lee & Associates Idaho, LLC represented the Buyer, 17th and Main, LLC and the Seller, RGH Holdings, LLC was represented by Holly Chetwood at TOK Commercial.

What to Expect From the U.S. Industrial Sector for the Remainder of 2021

Whereas the trajectories of other commercial real estate sectors have experienced significant periods of decline, or have been topsy turvy, the story of industrial real estate has been one of success and triumph. Even during 2020, one of the most challenging years for the global economy on record, industrial real estate has not merely survived, it has excelled and thrived. These trends will continue throughout the remainder of 2021 and beyond. This report will analyze the underlying trends causing the success and give you an idea of what to expect from the sector in the second half of 2021.

1. Of the primary sectors in CRE, industrial real estate has performed the best during the pandemic. It continues to be the preferred asset class of real estate investors1 because of the continued dominance of e-commerce. Annual rent growth will be higher than pre-COVID-19, and this increased demand will generate more development in the future.

>> Click here to read the full report.