Recently Leased | Retail Space | Boise, Idaho

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.

Recently Leased | Industrial Space | Boise, Idaho

Boise, Idaho – January, 2022– Lee & Associates Idaho, LLC has facilitated the lease of a 13,928 SF industrial space, located at, 8740 W. Fairview Ave., Suite B, 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.

Matt Mahoney, Managing Principal, and Austin Hopkins, Associate, at Lee & Associates Idaho, LLC represented the Landlord, Martin Properties, Inc. and Chase Erkins, Principal, and Trey Thomas, Associate, at Lee & Associates Idaho, LLC represented the Tenant, Zerorez.

Recently Leased | Retail Space | Garden City, Idaho

Garden City, Idaho – January 2022– Lee & Associates Idaho, LLC has facilitated the lease of a 2,797 SF office space, located at, 4464 W. Chinden Blvd., Garden City, ID 83714. 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, Ranco, LLC

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 Sold | Office Building | Star, Idaho

Star, Idaho – January 2022– Lee & Associates Idaho, LLC has facilitated the sale of a 3,056 SF office building, located at, 10600 W. State St., Star, ID 83669. 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 Seller, 10600 W. State St., LLC.