Idaho Archives - REBusinessOnline

Thompson Thrift to Develop 300-Unit The Highline Apartment Property Near Boise

Amy Works — Thu, 01 Oct 2026 13:03:27 +0000

NAMPA, IDAHO — Thompson Thrift has begin construction of The Highline, a multifamily community in Nampa, approximately 20 miles west of Boise. Slated to welcome residents in early 2028, The Highland will feature 300 one-, two- and three-bedroom apartments with private entrances averaging 1,100 square feet. Residences will offer quartz countertops, stainless steel appliances, designer fixtures and finishes, hardwood-style floors, full-size washers/dryers, walk-in closets and smart-home technology. Additionally, detached garages and patio, balcony or private yard options will be available for select units. Onsite amenities will include a 24-hour fitness center, heated swimming pool and lap pool, courtyards, fire pits, grilling areas, outdoor games and a pickleball court. Residents will also have access to a 24-hour social hub with billiards and shuffleboard, focus rooms, conference space, bike storage, two dog parks and a pet spa. The Highline will be capitalized with equity from the Thompson Thrift 2026 Multifamily Development. The community will be located within East Ranch, a master-planned mixed-use community with a blend of single-family homes and flex industrial space with integrated retail, creating a walkable and amenity-rich environment for residents.

The post Thompson Thrift to Develop 300-Unit The Highline Apartment Property Near Boise appeared first on REBusinessOnline.

Idaho Retail Growth Expands Beyond Traditional Shopping Centers

John Nelson — Fri, 18 Sep 2026 11:39:00 +0000

— By Don Zebe of Colliers Idaho — more mature and geographically diverse stage of growth. While the Treasure Valley remains the state’s primary development engine, retail expansion is increasingly occurring in markets such as Twin Falls, Idaho Falls, Ammon, Rexburg, Pocatello-Chubbuck, Coeur d’Alene and Post Falls. Idaho’s population surpassed 2 million residents in 2025, providing a strong foundation for grocery, restaurant, medical, service and neighborhood-oriented retail uses. However, population growth alone no longer guarantees project success. Elevated construction and financing costs have made retailers and developers increasingly selective, placing greater emphasis on access, visibility, traffic patterns and regional drawing power. Treasure Valley Remains the Development Leader The Treasure Valley continues to receive the greatest volume of retail construction and leasing activity in Idaho. Major projects like the District at Ten Mile in Meridian reflect the growing preference for mixed-use destinations that combine retail, dining, fitness and services. The continued expansion of the Village at Meridian further demonstrates the market’s ability to attract both first-to-market and expanding national retailers. Despite ongoing development activity, the Boise-area retail market remains relatively tight, with retail vacancy at 4.4 percent in the second quarter of 2026, supporting continued demand for well-located space. Magic Valley Growth Strengthens…

The post Idaho Retail Growth Expands Beyond Traditional Shopping Centers appeared first on REBusinessOnline.

Boise Office Market Gains Ground Ahead of Micron’s Expansion

John Nelson — Fri, 11 Sep 2026 11:21:00 +0000

— By Patrick Shalz of TOK Commercial — Amid an office landscape that remains uneven nationally, the Boise MSA continues to distinguish itself with steady fundamentals, improving vacancy and rising rents. The market remained on solid footing through the second quarter of 2026. Overall vacancy held steady at 6.6 percent, down from 7.2 percent one year ago. It has remained remarkably consistent throughout the first half of the year, fluctuating by just one-tenth of a percentage point. Multi-tenant vacancy also improved, declining to 10.2 percent from 10.5 percent a year earlier, reflecting continued demand for quality multi-tenant space. Overall asking lease rates reached a record high of $23 per square foot (full-service, annual), with nearly every submarket posting year-over-year rent growth. Class A asking rates also strengthened, increasing 2 percent from last year to $25.50 per square foot. Leasing activity shifted toward larger transactions in the first half of 2026. Although the total number of office transactions declined nearly 10 percent year over year, net absorption increased 36 percent, indicating that tenants leased larger blocks of space than in the prior year. Smaller suites account for the majority of activity, but their share of the market softened with spaces of…

The post Boise Office Market Gains Ground Ahead of Micron’s Expansion appeared first on REBusinessOnline.

CenterCal Properties Signs Leases with Five New Tenants at The Village at Meridian Near Boise, Idaho

Amy Works — Mon, 17 Aug 2026 13:23:21 +0000

MERIDIAN, IDAHO — CenterCal Properties has signed leases with five new tenants at the second phase of The Village at Meridian, an 80,000-square-foot commercial property that is under construction roughly 10 miles west of downtown Boise. The new tenants are gastropub Culinary Dropout (7,000 square feet); fine-dining restaurant The Capital Grille; cookware and housewares retailer Williams Sonoma (5,550 square feet); Pottery Barn; and modern furniture brand 7th Avenue. Other tenants at the property will include Vuori, Alo, Kendra Scott, Tecovas, Gorjana, [solidcore] and Tempur-Pedic, along with Flower Child and Paris Baguette. Phase II, which is already fully leased and will span six buildings, is an expansion of The Village at Meridian, a 1 million-square-foot mixed-use development. Phase II is anticipated for completion in February 2027.

The post CenterCal Properties Signs Leases with Five New Tenants at The Village at Meridian Near Boise, Idaho appeared first on REBusinessOnline.

Brennan Investment Group Buys Three-Building, 439,600 SF Industrial Portfolio in Nampa, Idaho

Amy Works — Tue, 21 Jul 2026 12:41:00 +0000

NAMPA, IDAHO — Chicago-based Brennan Investment Group has acquired a three-building, 439,600-square-foot industrial portfolio in Nampa, located just west of Boise. Details of the transaction were not released. This purchase marks Brennan’s entry into the Boise industrial market. Completed in 2023, the tilt-up industrial buildings were fully leased at the time of sale and feature 32-foot clear heights, ESFR sprinkler systems and truck courts exceeding 130 feet.

The post Brennan Investment Group Buys Three-Building, 439,600 SF Industrial Portfolio in Nampa, Idaho appeared first on REBusinessOnline.

Harrison Street Provides Loan for Refinancing of 547-Bed Student Housing Community Near Boise State University

Amy Works — Mon, 20 Jul 2026 13:26:39 +0000

BOISE, IDAHO — Harrison Street Asset Management has provided a loan for the refinancing of a 547-bed student housing community located near the Boise State University campus in Idaho. The borrower was a joint venture between Appian Capital and Subtext. Further details on the financing were not released. Delivered in 2023, VERVE Boise offers units in studio, two-, three-, four- and five-bedroom configurations with bed-to-bath parity. Shared amenities include a resort-style pool, 24-hour fitness center, indoor resident lounge and outdoor gathering spaces. The community was 98 percent leased at the time of financing.

The post Harrison Street Provides Loan for Refinancing of 547-Bed Student Housing Community Near Boise State University appeared first on REBusinessOnline.

CenterCal Properties Unveils Plans for Expansion of 1 MSF Mixed-Use Development Near Boise, Idaho

Amy Works — Fri, 19 Jun 2026 13:08:17 +0000

MERIDIAN, IDAHO — CenterCal Properties has unveiled plans for the expansion of The Village at Meridian, a 1 million-square-foot mixed-use development located in Meridian, roughly 10 miles west of downtown Boise. Phase II of the project will encompass 80,000 square feet of commercial space across six new buildings. Tenants that have committed to Phase II include Vuori, Alo, Kendra Scott, Tecovas, Gorjana, solidcore and Tempur-Pedic, along with Flower Child and Paris Baguette. Additional tenants will be announced as leasing activity continues. Initial openings are expected in September 2026, while completion of Phase II is anticipated for February 2027.

The post CenterCal Properties Unveils Plans for Expansion of 1 MSF Mixed-Use Development Near Boise, Idaho appeared first on REBusinessOnline.

CBRE Arranges Sale of 59.7-Acre Industrial Development Site in Pocatello, Idaho

Amy Works — Fri, 05 Jun 2026 13:26:00 +0000

POCATELLO, IDAHO — CBRE has arranged the sale of a 59.7-acre industrial development site located at 1800 River Park Way in Pocatello on behalf of developer Portneuf Capital. Lex Development acquired the site for an undisclosed price. The property consists of two industrial-zoned parcels that currently contain 45,904 square feet of office space and 113,048 square feet of warehouse space. Formerly a Hoku Materials manufacturing site, the property has undergone entitlement and planning work under current ownership and is positioned for future business park or owner-user development. The site is participating in a brownfield development program, with a Phase I environmental assessment completed and no further action required. Kurt Gregg, Tim Reid and Montana Carranza of CBRE represented the seller in the transaction.

The post CBRE Arranges Sale of 59.7-Acre Industrial Development Site in Pocatello, Idaho appeared first on REBusinessOnline.

Gantry Secures $21.2M Refinancing for Two Medical Office Buildings in North Idaho

Amy Works — Wed, 04 Feb 2026 14:44:01 +0000

COEUR D’ALENE AND SANDPOINT, IDAHO — Gantry has secured a total of $21.2 million in two permanent loans to refinance maturing debt for a pair of medical office buildings in Coeur d’Alene and Sandpoint. The financing included a $9.7 million loan for a 38,000-square-foot property located at 423 N. Third Ave. in Sandpoint and an $11.5 million loan for a 60,000-square-foot facility at 1919 Lincoln Way in Coeur d’Alene. Both assets feature outpatient and family medicine providers tied to local hospital systems. Demetri Koston and Abi Hunter of Gantry’s Inland Northwest production team represented the single borrower, a private real estate investor, for both loans. The five-year, fixed-rate loans were provided by a single pension fund lender from Gantry’s roster of debt sources and include prepayment flexibility after a 30-year amortization.

The post Gantry Secures $21.2M Refinancing for Two Medical Office Buildings in North Idaho appeared first on REBusinessOnline.

Milestone Group Acquires Two Multifamily Communities in Colorado, Idaho Totaling 602 Units

Amy Works — Fri, 09 Jan 2026 14:13:38 +0000

FORT COLLINS, COLO., AND MERIDIAN, IDAHO — The Milestone Group has purchased two apartment properties in Colorado and Idaho totaling 602 units. Terms of the transactions were not released. Milestone acquired Bucking Horse Apartments, a 322-unit, garden-style asset within the 160-acre Bucking Horse master-planned community in Fort Collins. The property features low-density residential buildings offering one-, two- and three-bedroom units, as well as three-bedroom garage townhomes. Additionally, Milestone purchased Prelude at Paramount, a 280-unit garden-style property in Meridian. The resort-style community features one-, two- and three-bedroom units with smart home technology and recently renovated common area amenities.

The post Milestone Group Acquires Two Multifamily Communities in Colorado, Idaho Totaling 602 Units appeared first on REBusinessOnline.

Intercontinental Real Estate, Interwest Buy 622-Bed Student Housing Property in Boise, Idaho

Amy Works — Wed, 10 Dec 2025 15:13:46 +0000

BOISE, IDAHO — Intercontinental Real Estate Corp., in partnership with Interwest Capital Group, has acquired River Edge, a 175-unit student housing community in Boise. Terms of the transaction were not disclosed. Located adjacent to Boise State University, River Edge offers 622 beds in a mix of two- and four-bedroom residences, averaging 1,197 square feet. Community amenities include a fitness center, study rooms, a business center, residential lounge/theater, coffee bar and parking for 277 vehicles. The joint venture plans to implement a light renovation program to all of the units, which have remained in their original condition since the property’s construction in 2015. Planned upgrades include stainless steel appliances, modern lighting, new living room furniture, smart TVs in every unit and keyless entry systems to align with market standards. Situated on 3.2 acres at 1004 W. Royal Blvd., River Edge is currently 99 percent leased for the 2025/25 academic year.

The post Intercontinental Real Estate, Interwest Buy 622-Bed Student Housing Property in Boise, Idaho appeared first on REBusinessOnline.

Walseth Investment Co. Acquires 115,008 SF Industrial Facility in Nampa, Idaho

Amy Works — Fri, 07 Nov 2025 14:31:49 +0000

NAMPA, IDAHO — Walseth Investment Co. has acquired Building B at Madison Logistics Center, a three-building logistics center in Nampa, from a regional developer for an undisclosed price. Situated on 5.9 acres at 16685 Madison Road, the 115,008-square-foot Building B features 5,000 square feet of office space, a clear height of 32 feet, 28 dock-high doors, four grade-level doors, 155 parking stalls and 2,000 amps and 480V 3-phase power. The facility, which was completed in 2023, offers divisible suite options for tenant flexibility. Michael McNeight and Devin Ogden of Colliers represented the seller and are leading leasing efforts for the property. Nick Viscount of Keystone Mortgage arranged debt financing with a life company lender for the buyer.

The post Walseth Investment Co. Acquires 115,008 SF Industrial Facility in Nampa, Idaho appeared first on REBusinessOnline.

Newmark Mountain West Negotiates Sale of 10-Property C-A-L Ranch Store Portfolio

Amy Works — Tue, 26 Aug 2025 13:29:56 +0000

SALT LAKE CITY — Newmark Mountain West has brokered the sale of a 10-property C-A-L Ranch store portfolio spanning Idaho, Utah, Arizona and Nevada. Integra CRE sold the portfolio for an undisclosed price. The name of the buyer was not released. Totaling more than 637,000 square feet, the retail locations serve rural and suburban communities. Chad Moore, Drew Helm and Brendan Lee of Newmark Mountain West represented the seller in the deal.

The post Newmark Mountain West Negotiates Sale of 10-Property C-A-L Ranch Store Portfolio appeared first on REBusinessOnline.

Hawkins Completes 288-Unit Canyon Ridge Multifamily Property in Boise

Amy Works — Tue, 29 Jul 2025 13:37:46 +0000

BOISE, IDAHO — Hawkins has completed Canyon Ridge, an apartment community in southeast Boise. Located at 2552 E. Gowen Road, Canyon Ridge features 288 one-, two- and three-bedroom apartments. Community amenities include a resort-style outdoor pool, dedicated dog park and 6,000-square-foot clubhouse. Canyon Ridge is located near the 161-acre Simplot Sports Complex, Mircon’s North Campus and Albertsons. ESI served as general contractor for the project.

The post Hawkins Completes 288-Unit Canyon Ridge Multifamily Property in Boise appeared first on REBusinessOnline.

Bow River Capital Receives $70.3M Refinancing for Park84 Industrial Property in Nampa, Idaho

Amy Works — Fri, 18 Jul 2025 15:00:51 +0000

NAMPA, IDAHO — Bow River Capital has received $70.3 million for the refinancing of Park84, a Class A industrial property in Nampa, 20 minutes from downtown Boise, Idaho. Leon McBroom, Rob Bova and Ellie Savage of JLL Capital Markets arranged the floating-rate financing for the borrower. Completed in July 2024, Park84 features seven industrial buildings totaling 605,570 square feet on 47.8 acres. The buildings, which are divisible as small as 16,917 square feet, offer 32-foot clear heights, clerestory and LED lighting, ESFR sprinklers, ample 480V power, outdoor storage and trailer parking.

The post Bow River Capital Receives $70.3M Refinancing for Park84 Industrial Property in Nampa, Idaho appeared first on REBusinessOnline.

Seven Hills Realty Trust Provides $18M Refinancing for Multifamily Property in Boise, Idaho

Amy Works — Wed, 02 Jul 2025 14:02:51 +0000

BOISE, IDAHO — Seven Hills Realty Trust (Nasdaq: SEVN) has provided an $18 million first mortgage floating-rate bridge loan to refinance Curtis Junction, a 112-unit apartment community in Boise. The loan has a three-year initial term with two one-year extension options. Berkadia arranged the loan through Tremont Realty Capital, SEVN’s manager, on behalf of the borrower, Newport, Calif.-based RanchHarbor.

The post Seven Hills Realty Trust Provides $18M Refinancing for Multifamily Property in Boise, Idaho appeared first on REBusinessOnline.

MJW Investments Acquires 96-Unit Verraso Village Build-to-Rent Community in Meridian, Idaho

Amy Works — Thu, 19 Dec 2024 14:47:50 +0000

MERIDIAN, IDAHO — MJW Investments has purchased Verraso Village, a Class A build-to-rent townhome community in Meridian, from an undisclosed seller in an off-market transaction. Built in two phases in 2016 and 2018, Verraso Village offers 96 two-level homes that average 1,840 square feet with attached two-car garages. Ninety-five percent of the units are three-bedroom and 3.5-baths and each townhome offers an individualized exterior façade. The acquisition marks MJW’s first entry into the Boise MSA. The company acquired the asset with a moderately low-leveraged agency loan assumption with 3.2 percent fixed-rate financing and more than five years remaining on the loan term.

The post MJW Investments Acquires 96-Unit Verraso Village Build-to-Rent Community in Meridian, Idaho appeared first on REBusinessOnline.

Gilbane, Rocky Mountain Cos. to Begin $162.8M Redevelopment at University of Idaho

Amy Works — Tue, 17 Dec 2024 14:56:56 +0000

MOSCOW, IDAHO — A public-private partnership between the University of Idaho, Gilbane Development Co. and Rocky Mountain Cos. is set to begin a $162.8 million renovation and expansion of the university’s campus in Moscow. The project will include the renovation and redevelopment of the university’s South Hill and Elmwood Apartments, the Wallace Residence Center and the Theophilus Residence Building. “We continue to see enrollment growth as we prove again and again the University of Idaho’s value,” says Scott Green, university president. “Our on-campus housing is an important piece of that value, and our students need and deserve modern living and learning facilities.” The development team for the project includes Lydig, Integrus and Design Collective. A timeline for the project was not announced.

The post Gilbane, Rocky Mountain Cos. to Begin $162.8M Redevelopment at University of Idaho appeared first on REBusinessOnline.

Lincoln Property Co., OneIM Break Ground on 1 MSF Industrial Project in Boise

Amy Works — Fri, 06 Dec 2024 15:01:39 +0000

BOISE, IDAHO — A joint venture between Lincoln Property Co. and One Investment Management (OneIM) has broken ground on EastPort Logistics, a multi-phase industrial development situated on 78 acres in Boise’s Airport submarket. Phase I of EastPort will include 685,000 square feet across four buildings, ranging in size from 12,500 square feet to 378,560 square feet. Upon full build-out, EastPort Logistics will feature seven buildings with clear heights up to 32 feet, more than 1,300 car parking spaces, 168 trailer parking spaces and 196 dock doors. Additional site features will include landscaping and a berm to alleviate light and/or noise from within the site. The project team for phase I includes Mackenzie as architect of record, Kimley Horn as civil engineer and McAlvain as general contractor. TOK Commercial is handling marketing and leasing for the development.

The post Lincoln Property Co., OneIM Break Ground on 1 MSF Industrial Project in Boise appeared first on REBusinessOnline.

Mart Frozen Foods Opens 100,000 SF Food Manufacturing Facility in Southern Idaho

Amy Works — Thu, 17 Oct 2024 12:45:33 +0000

RUPERT, IDAHO — Mart Frozen Foods, a subsidiary of The Mart Group, has opened a $65 million high-tech food manufacturing facility in Rupert. Situated in Southern Idaho’s Magic Valley region, which leads the state’s agribusiness industry, the 100,000-square-foot plant produces and packages frozen, fully baked Idaho potatoes known as OH!Tatoes. The new facility is adjacent to The Mart Group’s headquarters, bringing the company’s total employment in Rupert to more than 230 people. The new Mart Frozen Foods facility will directly create 80 full-time jobs and have an estimated annual economic impact of $11.5 million.

The post Mart Frozen Foods Opens 100,000 SF Food Manufacturing Facility in Southern Idaho appeared first on REBusinessOnline.