Recently Leased | Industrial Space | Boise, Idaho

Boise, Idaho – September 2022– Lee & Associates Idaho, LLC has facilitated the lease of a 12,575 SF industrial space at 9700 W. Bethel Ct. Suite 103, 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.

Matt Mahoney, Managing Principal, Austin Hopkins, Associate, Chase Erkins, Principal, and Trey Thomas, Associate, at Lee & Associates Idaho, LLC represented the Tenant, Name Brand Promotions, LLC.

Research | Inflation, The Economy, and Commercial Real Estate

In June and July of this year, the Fed raised the interest rate at the fastest pace in forty years: it raised the federal funds rate 75 basis points at each open market committee meetings. Why did it do so, and what do its actions and current economic data say about the economy? This report will investigate and answer these questions, as well as explore the thinking that is guiding the Fed’s policies and explain the implications of these policies for commercial real estate.

INFLATION AND THE ECONOMY

• What is the federal funds rate and what did the Fed do with it in June and July of 2022?

• Why did the Fed raise the fed funds rate by so much in June and July?

• What does current economic data say about the state of the economy?

• What does the mixed economic data imply for future Fed policy regarding rate?

COMMERCIAL REAL ESTATE IMPLICATIONS

• Given future increases by the Fed and current inflationary conditions, what implications does this have on commercial real estate?

Recently Sold | Development Land | Boise, Idaho

Boise, Idaho – August, 2022– Lee & Associates Idaho, LLC has facilitated the sale of 0.62 acres of development land, located at, 218 & 252 Whisperwood Way, 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.

Trey Thomas, Associate, and Chase Erkins, Principal, at Lee & Associates Idaho, LLC represented the seller, MEP Group LLC.

Recently Sold | Office Building | Nampa, ID

Nampa, Idaho – June, 2022– Lee & Associates Idaho, LLC has facilitated the sale of a 4,688 SF office building, located at, 719 1st St., Nampa, ID 83651. 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 buyer, Community Health Clinics, Inc.

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.