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SilverStone Corporate Center: Boise Valley Commercial Real Estate for Lease

December 20, 2011 Leave a comment

The Sundance Company, a commercial real estate development powerhouse with more than 30 years of successful history throughout Idaho’s Boise Valley, is pleased to present the Silverstone Corporate Center for lease.

A quarter mile from Interstate 84 at the Eagle Interchange, SilverStone Corporate Center is a 90-acre master planned employment center centrally located in Idaho’s Boise Valley. Silverstone is minutes away from more than 1 million square feet of tenant amenities, and the center is an efficient three level floor plan, accommodating office users from 1,500 to 90,000 square feet. The center also features a professional onsite business concierge – www.silverstoneamenitycenter.com – that is available to assist firms with business planning and state-of-the-art meeting facilities designed to provide them with everything they need to keep their company productive.

Building Size: 120,792 square feet; does not include 4,004 square foot drive-thru
Site Area: 6,196 acres
Zoning: CC
Year Built: 2009
Number of Floors: Three
Parking: 4.5/ 1,000 usable square feet (partial covered parking and walkways)
Construction: Steel super structure with steel stud framing
Exterior: Granite exterior panel system with gold reflected window system
Roof: Single ply EDPM membrane roofing system
Floor Construction: Ground Floor – 4” reinforced concrete slab
2nd & 3rd Floors – 3 1/2” to 5” of concrete over corrugated steel pan
HVAC: Ten (10) RTU’s with a VAV individual zoned system
Ceiling: Lay-in acoustic ceiling panels in 2’x4’ T-bar ceiling grid and indirect and recessed lighting
Elevator: Two (2) general purpose, 2,100 lbs capacity, 100 feet/minute
Ceiling Height: Minimum of 10’ in office areas
Restrooms: Two restroom cores per floor; located near each elevator core
Life Safety: Wet pipe fire protection system with alarm valves with Fire Department connection
Access: Keyless card entry with electronic door monitoring
Miscellaneous: A landmark building located at Silverstone Park, with unprecedented combination of accessible location, luxurious finishes and unusually distinctive amenities.

About The Sundance Company
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs in Boise, Meridian, Nampa, and the greater Treasure Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise and Meridian locations. More information is available at www.sundanceco.com or 208.322.7300.

Recent Transactions from The Sundance Company

November 22, 2011 Leave a comment

The Sundance Company is pleased to announce the following commercial real estate transactions in the greater Boise Valley:

  • Power Engineers leased 15,311 square feet of expansion space in at The Sundance Company’s Silverstone Park in Meridian, Idaho.
  • Northwest Neurobehavioral Health LLC leased 6,174 square feet at 2076 S. Eagle Road, Meridian, Idaho, at Silverstone Park.
  • Nexgen Payment Services leased 2,114 square feet of expansion space at 7253 Franklin Road, Boise, Idaho, at The Sundance Company’s Boise Office Center.
  • PayThatWay leased 1,516 square feet at 3919 E. Overland Road, Meridian, Idaho, in Silverstone Park.
  • Take Shape for Life leased 1,297 square feet at 3715 E. Overland Road, Suite 200, Meridian, Idaho, in Silverstone Park.
  • DermaViv Skincare leased 446 square feet at 2030 S. Eagle Road, Meridian Idaho, in Silverstone Park.

About The Sundance Company
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs in Boise, Meridian, Nampa, and the greater Treasure Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise and Meridian locations. More information is available at www.sundanceco.com or 208.322.7300.

Recent Transactions from The Sundance Company

September 19, 2011 Leave a comment

The Sundance Company is pleased to announce the following commercial real estate transactions in the greater Boise Valley:

  • Power Engineers leased 4,451 square feet of expansion space in The Blackeagle Business Center at Overland and Maple Grove roads in Boise.
  • Bodybuilding.com leased 2,147 square feet of expansion space at 2054 S. Silverstone Way at Meridian, Idaho’s SilverStone Complex.
  • Valley Pediatric Feeding leased 670 square feet at 2995 N. Cole Road, Suite 130, at Boise’s Stonegate Complex.
  • Family Dynamic Health leased 1,920 square feet at 2995 N. Cole Road, Suite 270, at Boise’s Stonegate Complex.
  • Workscape leased 1,821 square feet of expansion space at 1851 S. Cobalt Point Way at Meridian’s SilverStone Park.
  • LEI Engineering leased 1,759 square feet at 2040 S. Eagle Road in Meridian’s SilverStone Park.
  • Pristine Pools and Spas leased 638 square feet of expansion space at 9490 Fairview Avenue at Boise’s West Valley Business Center.

About The Sundance Company

Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs in Boise, Meridian, Nampa, and the greater Treasure Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise and Meridian locations. More information is available at www.sundanceco.com or 208.322.7300.

Rockridge Center: Boise Valley Commercial Real Estate Leasing Options from The Sundance Company

The Sundance Company, a commercial real estate development powerhouse with more than 30 years of successful history throughout the Boise Valley, is pleased to present the Rockridge Center for lease.

The Class A Meridian, Idaho structure is part of the Silverstone Corporate Center, which is a new 90-acre master planned employment center centrally located in Southern Idaho’s Boise Valley. Situated 1/4 mile from Interstate 84 at the Eagle Interchange, there are more than 1 million square feet of tenant amenities within minutes of the Silverstone Business Campus. Rockridge Center tenants will have individual exterior entrances to their suites. There also is extensive perimeter and site landscaping, distinctive entry portals at signaled intersections on Eagle Road as well as on Overland Road, and consistent architecture throughout the park.

Rockridge Center
2398 S. Eagle Road
Meridian, Idaho 83642

Building Size: 22,023 square feet
Site Area: 2.53 acres
Zoning: CC
Year Built: 2005
Number of Floors: One
Parking: 5/1,000 usable square feet
Construction: Reinforced concrete tilt-up with 6-inch square steel columns
Roof: Single ply EDPM roofing system on 2 layers of 1½ polyiso board on metal decking and bar joists framing system with vapor barrier
Floor Construction: 4” reinforced concrete slab over 18” compacted base HVAC: 5-ton gas-fired carrier rooftop units. 100,000 BTU; 2,000 CFM
Ceiling: Lay-in acoustic ceiling panels in 2’x4’ T-bar ceiling grid with indirect and recessed lighting
Ceiling Height: 10 feet in office areas
Restrooms: Shared or private tenant restrooms throughout
Life Safety: Wet pipe fire protection system with alarm valves with Fire Department Connection
Miscellaneous: Tenants have individual exterior entrances to their suites. There is extensive perimeter and site landscaping; distinctive entry portals at signaled intersections on Eagle Road as well as on Overland Road.

About The Sundance Company
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs in Boise, Meridian, Nampa, and the greater Treasure Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise and Meridian locations. More information is available at www.sundanceco.com or 208.322.7300.

Boise Valley Commercial Real Estate for Lease – SilverStone Business Campus: Garnet Place

Located in the Silverstone Business Campus, an 180-acre business park at South Eagle and East Overland Roads in Meridian, Idaho, Garnet Place is a 12,600 square feet Class A commercial real estate building that can accommodate office, flex, and warehouse clients in the Boise Valley. The desirable location features modern steel-frame building with stone and glass exterior, excellent parking ration, and an approximate traffic count of 14,000 cars daily. Garnet Place e is situated less than one mile south of Interstate 84 Interchange and St. Luke’s Regional Medical Center, and there are more than three million square feet of services and amenities within a one and a half mile radius.

If Garnet Place at the SilverStone Business Campus does fit your needs, then please check out The Sundance Company website to view property photos, search for space, or learn more about Sundance’s start-to-finish capabilities. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise Valley locations.

Garnet Place – SilverStone Business Campus
2365 S. Cobalt Way
Meridian, ID 83642

Site Area: 1.06 acres
Zoning:   C-C
Stories:   One
Project Size:   12,546 square feet
Construction: Reinforced concrete tilt-up with 6-inch square steel columns
Year Built: 2005
Roof: Single ply EDPM roofing system on 2 layers of 1 1⁄2 polyiso board on metal decking and bar joists framing system with vapor barrier
Ceiling Clear Height:  10 feet in office areas, 18 feet in flex areas
Floor Construction:  4” reinforced concrete slab over 18” compacted base
Ceiling: Lay-in acoustic ceiling panels in 2’x4’ T-bar ceiling grid with indirect and recessed lighting
HVAC: 5-ton gas-fired carrier rooftop units. 100,000 BTU; 2,000 CFM
Parking: 55 spaces
Restrooms: Shared or private tenant restrooms throughout
Life Safety:  Wet pipe fire protection system with alarm valves with Fire Department Connection Miscellaneous:   Tenants have individual exterior entrances to their suites. There is extensive perimeter and site landscaping; distinctive entry portals at signaled intersections on Eagle Road as well as on Overland Road; consistent architecture throughout the park.

About The Sundance Company
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs in Boise, Meridian, Nampa, and the greater Treasure Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise and Meridian locations. More information is available at www.sundanceco.com or 208.322.7300.

Planning Your Company’s Future Move

February 25, 2011 Leave a comment

Knowing how many people you employ now helps you estimate how much space you need today to operate your business comfortably, but building in your anticipated growth helps you expand your business without costly interruptions. As a company grows in size, relocation becomes a very large and complex undertaking, requiring input and coordination of construction, IT, finance, furniture vendors, engineering, and other teams and personnel. By waiting too long to start the process, a company could be limiting its options, rental rates could be higher, and the number of spaces available might be limited.

So if you currently employ 10 people therefore you can estimate you need approximately 2,500 square feet of office space today. (250 SF per person X 10 people= 2,500 SF). But, you expect to add 2 new employees each year and you want to sign a three-year lease. Do you need an additional 1,500 square feet today to accommodate your growth plans? Not necessarily. You need to determine what type of employees you will be adding. If they are senior executives that need private offices then, you will need to add closer to 1,800 square feet, (300 SF X 6 executives= 1,800 SF). But, if they are clerical support staff that will operate in a “bull pen” or open space plan then the need may be as low as 900 square feet, (150 SF x 6 employees = 900 SF) Spending time now estimating your employee growth plans could save you a significant amount of money in the future. Moving your offices mid-lease because you do not have enough space to add necessary staff can be much more expensive than building in your expected growth needs before you sign the lease.

The below table is a general guideline for how much time you should spend looking for new space for your company.

Space Size in SF Time Table
1,000 – 5,000 3-6 Months
5,001 – 10,000 4-9 Months
10,001 – 20,000 6-10 Months
20,001 – 50,000 8-15 Months
50,001 – 100,000 15-24 Months
100,001 + 24+ Months

The Sundance Company knows that finding the right leasing space for your business can be a complicated process, and that is why we are here to help your company find the ideal commercial real estate space in the Boise Valley. Call us at 208-322-7300 or check out The Sundance Company website to view property photos, search for office space or learn more about Sundance’s start-to-finish capabilities. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise Valley locations.

About The Sundance Company
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs in Boise, Meridian, Nampa, and the greater Treasure Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise and Meridian locations. More information is available at www.sundanceco.com or 208.322.7300.

Boise Commercial Real Estate for Lease – South Cole Business Park

February 11, 2011 Leave a comment

The South Cole Business Park is a four-building complex that is conveniently located just minutes from the Interstate-84 Cole & Overland interchange. The manufacturing/warehouse facility features generous office space, open work spaces, and two lunchrooms. The building has space available for lease so please contact The Sundance Company immediately to see if the building is right for your company’s needs.

The Sundance Company knows that finding the right leasing space for your business can be a complicated process, and that is why we are here to help your company find the ideal commercial real estate space in the Boise Valley. If the South Cole Business Park does fit your needs, then please check out The Sundance Company website to view property photos, search for space, or learn more about Sundance’s start-to-finish capabilities. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise Valley locations.

South Cole Business Park
2769-2699 South Cole Road
Boise, Idaho 83709

Site Area: 2.4 acres
Zoning: M-1
Stories: One
Project Size: 44,359 square feet
Construction: Steel frame with concrete tilt-up exterior walls and exposed aggregate finish
Year Built: 1984
Roof: Flat, single ply roofing membrane over plywood sheathing
Ceiling Clear Height: 18’ minimum, 20’ maximum warehouse; 8’ in offices.
Floor Construction: 6” concrete slab
Windows: Double-pane, thermo-glazing in offices
Warehouse Doors: Dock-high and 12’x14’ overhead loading doors
Insulation: 9” batt insulation in roof; 3½” batt insulation to exterior walls
Offices: Commercial carpet & vinyl; acoustical ceiling, fluorescent lights, standard partitioning and finished restrooms
Warehouse Lights: Suspended tube fluorescent and suspended bulb
Heating/Cooling: Warehouse has suspended space heat. Office has package electric forcedair and central air conditioning.
Parking: 85 spaces, paved and marked; one space per 518.4 sq. ft.
Site Improvements: Landscaping on South Cole and Mossy Cup Streets.
Special: Full building fire sprinkler system; combination of dock-high loading and 10’x12’ drive-in doors.

About The Sundance Company
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs in Boise, Meridian, Nampa, and the greater Treasure Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise and Meridian locations. More information is available at www.sundanceco.com or 208.322.7300.

Calculating How Much Space Your Business Needs

February 4, 2011 Leave a comment

When your business is considering a move, or just starting out, you need to plan carefully when you calculate how much space you will need. Either too much or too little can have a dramatic impact on your bottom line, but there are some techniques you can use to determine exactly how much space you need. First, you need to assess your current situation, and then decide what are your expectations for the growth of your business over the next few years by considering the following questions:

  • How many people do I currently employ?
  • Does each employee need an individual desk or is sharing possible?
  • Do I expect to add any staff in the next couple of years?
  • Over what period of time will I add the staff?
  • What kind of staff will I be adding, executive, administrative, or sales?

In general, the amount of office space you need is estimated according to head count and your industry type. The customary range for office space is 150-350 square feet (SF) per person employed. It is the type of space you need to accommodate your business that plays a large part in narrowing that range.

At the lower end of the range is the open space plan, which has no private offices. Call centers and sales offices generally use this configuration and have desks or workstations grouped together. At the high end of the range is the traditional hard-wall or private office layout. Law offices, for example, almost all have private offices, large conference rooms, and support rooms such as libraries, kitchens and file rooms. But, for your foray into the office hunt, the general approach of using 250 square feet per person to estimate the amount of space you will occupy is a great place to begin.

The Sundance Company is here to help your company find the ideal commercial real estate space in the Boise Valley. Call us at 208-322-7300 or check out The Sundance Company website to view property photos, search for office space or learn more about Sundance’s start-to-finish capabilities. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise Valley locations.

About The Sundance Company
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs in Boise, Meridian, Nampa, and the greater Treasure Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise and Meridian locations. More information is available at www.sundanceco.com or 208.322.7300.

Boise Valley Commercial Real Estate Options with The Sundance Company

January 22, 2011 Leave a comment

In the Boise Valley, confident tenants and buyers look to The Sundance Company for development; office, warehouse, and retail leasing; property management; build-to-suit/construction; and land and building sales. With more than 1.5 million square feet of prime office and industrial space in the greater Boise Valley, The Sundance Company has the size and diversity to avoid the need for a “one-size-fits-all” approach—thereby assuring customized solutions that are genuinely tailored to each client’s needs.

Every project by The Sundance Company is conceived and executed with integrity, innovation, accountability, and dedication by a team of seasoned experts who always remains mindful not only of tangible aspects of a property transaction but also the intangible. The in-house management team values its personal connections and the relationship of trust it has created with its tenants and property owners, which include national and regional companies, some of whom have been in Sundance buildings for more than 15 years. For more information about The Sundance Company’s available office space in The Boise Valley including Meridian please contact us today.

About The Sundance Company
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs in Boise, Meridian, Nampa, and the greater Treasure Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise and Meridian locations. More information is available at www.sundanceco.com or 208.322.7300.

Looking For New Office Space? Don’t Make These Mistakes

Following payroll expenses, facilities and related expenses are generally the second highest expenditure for a company. While people are naturally the most important asset to a company, real estate decisions should not be far behind. Too often though, companies fail to see the significance of real estate in the same light.
The impact real estate has goes far beyond the bottom line because it plays an important part in everything from employee retention to the level of productivity and workplace morale. It’s for these reasons that companies should always be cognizant when making real estate decisions.

The top mistakes that companies make when leasing space are:
• Waiting Too Long to Start The Process. The longer a tenant waits to start the process, the fewer the number of options that will be available to them. Waiting too long can mean that a tenant will pay more, receive less favorable lease terms, or that they are forced to leave and take less than desirable space elsewhere.
• Leasing The Wrong Amount of Space. Figuring out how much space to lease is not an exact science. Forecasting involves assumptions, which can often lead to costly mistakes if incorrect. Uncertain events notwithstanding, companies should take the time and effort to work with a space planner or architect to plan and program to determine the right amount of space to lease. With that information in hand, companies should then go one step further and think about the impact certain business scenarios would have on that number, the likelihood of those events happening, and adjusting the number so as to minimize the likelihood of taking down too much or too little space.
• Picking the Wrong Location. What may seem like the right location might in fact not be. Companies should consider things such as access, public transportation, demographics, zoning laws, and other factors to help identify the right location for their business.
• Not Thinking About The Future. Aligning a real estate plan with a corporate business plan is difficult to do when milestone events and setbacks do not always go according to plan. To help deal with the “unknown”, negotiating leases which provide both expansion and contraction rights to the extent possible is therefore instrumental. Companies need to go beyond the simple lease and think about sublease rights, expansion rights, rights to cancel, and options to extend.
• Not Measuring The Space. Companies should strongly consider verifying the landlord’s square footage numbers. In larger transactions, even a small difference can translate into a large savings. If it is not possible to measure the space, tenants should at least try to negotiate a tolerance in the measurement. Generally though, and per BOMA standards, a variance of up to 2% is acceptable.
• Signing Too Long or Too Short of a Lease. Companies often think that by signing a short lease they are buying themselves flexibility. That may be true in many cases, but that flexibility often comes at a price. On the flip side, tenant’s may feel a long term lease provides maximum stability, but there are far too many cases – particularly in Silicon Valley where swings in rent can be large – where long term leases signed at the height of the market have gone so far as to force companies into bankruptcy or caused severe harm to the company. It’s therefore imperative that companies take a long-term approach to real estate, while keeping short term trends and business activities in focus.
• Not Verifying Building Systems and Infrastructure. In today’s environment, data, power, networking, and HVAC capacity and availability are crucial. Tenants should ensure that buildings they intend on occupying are capable of providing the network connectivity and other building systems necessary for a tenant’s operation before signing any lease.
• Not Having Your Insurance Carrier Review the Lease Language. Tenants should always have their insurance carrier review the language within a lease that pertains to insurance and subrogation to verify that the insurance is not only attainable, but attainable at a reasonable cost. It is strongly recommended that the actual lease or lease language be sent to your insurance carrier for review before any lease is signed.
• Not Retaining Legal Counsel. By using an attorney well versed in the documenting of a real estate transaction, companies can help avoid ambiguity and errors which could lead to expensive litigation or legal wrangling down the road.

If you are looking for commercial real estate space and do not want to make one of the preceding mistakes then contact The Sundance Company and we can walk you through the process of procuring a great location for your business. Established in 1976, The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime locations throughout the Treasure Valley including Boise, Meridian, and Nampa so contact us today to see how we can help you find the right office or retail space for your company. More information is available at www.sundanceco.com or 208.322.7300.

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