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Archive for September, 2009

Recent Transactions by The Sundance Company

September 28, 2009 Leave a comment

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

  • Advance Physical Therapy renewed a lease of 2,160 square feet of Boise office space at 9362 Overland Road.
  • The U.S. General Services Administration renewed a lease of 2,591 square feet of Boise  office space 260 Maple Grove Road.
  • Boise Area Signs leased 2,845 square feet in South Cole Business Center, 7448 W. Mossy Cup St., Boise. Scott Robinson of Freedom West Realty represented the tenant. The Sundance Company represented the property owner.

Why is The Sundance Company Boise’s commercial real estate leader?

September 23, 2009 Leave a comment

Well we think it is pretty simple and no surprise that The Sundance Company is a commercial real estate leader as well as a strategic link in providing quality and desirable office and industrial space in Boise and through the Treasure Valley.

Why? In every aspect of our business, we deliver real estate peace of mind because we:

  • Treat every building as if we will own it for life
  • Care for each building like we care for our own homes
  • Promise unparalleled response and follow through, which results in high tenant satisfaction and long-term comfort, cost-savings and occupancy.

So, if your needs include property management, leasing, real estate development, project planning, construction or space planning look to The Sundance Company. We have over 1.5 million square feet of space available in some of Boise’s most prime 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.

Please check out The Sundance Company website to view property photos, search for office space or learn more about Sundance’s start-to-finish capabilities. If you prefer to talk to someone in person about your commercial real estate needs, then just give us a call at our Boise office, (208) 322-7300.

Are you looking for commercial real estate in Boise?

September 21, 2009 Leave a comment

Then you found the right place. 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.

Please search our Properties page to see if we have the right office, industrial, or retail space in Boise for your business.

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.

Please check out The Sundance Company website to view property photos, search for office space or learn more about Sundance’s start-to-finish capabilities. If you prefer to talk to someone in person about your commercial real estate needs, then just give us a call at our Boise office, (208) 322-7300.

What U.S. cities like Boise, Idaho are doing to promote new construction

September 16, 2009 Leave a comment

An interesting article from the Los Angeles Chronicle about what some cities in the United States are doing to entice new building construction, and the story features a quote from Boise mayor Dave Bieter. Also interesting to note that The Sundance Company – yep that is us – has continued to build in the market despite the sluggish economy. You can read all about it here.

With real estate vacancies on the rise and new construction having taken a sharp downturn, many cities across the nation are coming up with some clever and creative methods to entice new building construction into their respective areas.

Although home sale numbers may be resurrecting in some cities, this is not the case for most. Not only are home sales down, but new home construction has hit rock bottom in many major cities.

Commercial vacancies are also steadily climbing, which have caused the lending industry to raise the bar in obtaining new construction loans. Builders are now struggling more than ever with a variety of costs, and are much more hesitant in a down economy to begin new projects.

Insightful U.S. cities are noticing the significantly diminished number of new building permits, and are responding. In order to kick start the slumping industry, many cities are cutting various impact fees typically charged to builders. Generally, impact fees are one-time fees charged on new construction to pay for infrastructure for the new development, like roads, sewer systems, curbing, lighting, schools, parks and other community needs.

The hope is that the savings will entice developers to complete or build-out existing construction and encourage new residential and commercial development.

Earlier this year, the City of Harrisburg, Oregon, cut in half what are called the city’s Systems Development Charges. These are the fees the city bills home builders pay per house. City officials stated that the reduction in fees saved new home builders nearly $5,000 per house, a savings that is supposed to be passed along to the buyer. The city’s program ended August 1.

Following suit with numerous other local California governments, Riverside County reduced their impact fees to builders just this month. The California Building Industry Association says it’s a growing trend that’s paying off. Riverside officials voted to cut development fees by 50 percent for one year effective August 15. That adds up to a savings of about $2,100 per single-family dwelling. In addition, the Western Riverside Council of Governments will consider a reduction in the Traffic Uniform Mitigation Fee (TUMF) that currently cost builders $10,000 per home.

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Naples, Florida, made history in cities that are considering the reduction of impact fees. Known to charge the highest impact fees in the state, the city was one of the first to consider lowering impact fees in January of this year. The county’s commissioners voted to suspend certain impact fees for two years. Benefactors of the suspended fees will primarily be existing commercial property owners who change the use of commercial space listed on the building permit.

Arizona state government initially rejected, and then subsequently approved, a budget that included a two-year suspension for impact fees assessed by city governments relative to construction sales and building codes, along with reduced assessments for commercial property tax. The National Association of Office and Industrial Properties (NAIOP) and Home Builders Association of Central Arizona (HBACA) had been petitioning for a three-year moratorium on impact fees.

In attempts to bolster commercial development, Meridian, Ohio has also jumped into the fray. Officials have waived impact fees for fire and police for all commercial building permits through September 30, 2009.

Boise, Idaho Mayor Dave Bieter has deferred fees for building permits and inspections for new construction. The fees are not due until the occupancy permit is issued by the city. In addition, impact fees for fire, police and parks are being deferred.

The trend seems to be catching fire throughout the nation; although it is unclear as to what extent these deferred, reduced or eliminated impact fees will benefit the community in the long-run.

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.

Please check out The Sundance Company website to view property photos, search for office space or learn more about Sundance’s start-to-finish capabilities. If you prefer to talk to someone in person about your commercial real estate needs, then just give us a call at our Boise office, (208) 322-7300.

Boise Commercial Real Estate – Blackeagle Center

September 14, 2009 Leave a comment

Blackeagle Center is a 45-acre, master-planned business park developed by The Sundance Company. It is located 1/3 mile from Interstate 84, minutes from the Boise airport and downtown Boise and within 2 miles of over 3 million square feet of retail amenities for employee convenience.

Blackeagle Plaza Center Flyer

Blackeagle Plaza Center Map

Specifications
Building Type: Office – Office Building
Size: N/A
Building Size: 33000
Unit Size: 15,000
Number of stories: 2
Parking Ratio: 5:1000

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.

Please check out The Sundance Company website to view property photos, search for office space or learn more about Sundance’s start-to-finish capabilities. If you prefer to talk to someone in person about your commercial real estate needs, then just give us a call at our Boise office, (208) 322-7300.

Boise Commercial Real Estate – Stonegate Office Complex

September 9, 2009 Leave a comment

The Sundance Company is proud to present the Stonegate Office Complex, an attractive two-story building with an airy garden atrium filled with live plants in Boise, Idaho. The building is within walking distance of two neighborhood shopping centers offering many amenities. The modified gross lease is full-service less tenant janitorial. A convenient central location in Boise that is within walking distance of shopping, restaurants and the post office.

Stonegate Office Complex
2995 North Cole Rd
Boise, ID 83704

Site Area: 1.35 acres; 158 feet fronting Cole Road; 374 feet deep
Zoning: R-1, the office building is allowed through a Conditional Use Permit
Year Built: 1983
Project Size: 23,838 square feet
Number of Floors: Two
Developer: The Sundance Company
Parking: 85 paved, marked spaces; one space per 308 square feet
Construction: Class D, wood frame
Exterior: 1X6 T & G cedar siding over ½” plywood
Roof: Built up roofing with aluminum cap sheathing
Floor Construction: Ground Floor: 4”concrete
2nd Floor: 1” gypcrete over ¾ plywood
HVAC: 5-ton roof mounted, package units
Ceiling: 2’x4’ T grid suspension ceiling with lay-in fluorescent lights
Ceiling Height: 8 feet in Tenant Area
Elevator: One elevator, handicap accessible
Restrooms: Ground floor in Tenant suites
Life Safety: Full fire sprinkler systems
Miscellaneous: Attractive 2-story Atrium with live plants. Building is divided into
condominiums; current owners are The Sundance Company, Boise Minor
Emergency and Boise Tanning, Incorporated.

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.

Please check out The Sundance Company website to view property photos, search for office space or learn more about Sundance’s start-to-finish capabilities. If you prefer to talk to someone in person about your commercial real estate needs, then just give us a call at our Boise office, (208) 322-7300.

Meridian Idaho Commercial Real Estate

September 7, 2009 Leave a comment

Are you looking for office, retail, or industrial space in Meridian? If you are looking to lease, buy or rent office space in Meridian then you’ve come to the right place. Since our start in 1976, The Sundance Company team has helped businesses of all sizes find the right office, retail, or industrial space in Meridian.

Our goal is to help you find the perfect spot in one of the fastest growing markets in Idaho – Meridian. The Sundance Company can help with our start-to-finish capabilities and make sure your new office, retail, or industrial space in Meridian is a great place to do business.

Meridian Idaho Commercial Real Estate for Lease
For most businesses, an office space lease is a major commitment. While the cost of your office space lease can significantly affect your bottom line, it also has many other important consequences. Having a commercial real estate expert like The Sundance Company – who is in tune with the Meridian market – will make a big difference in your search for space for lease in the Meridian area.

Take advantage of the ability of The Sundance Company – Meridian’s commercial real estate leader. The Sundance Company’s professional and knowledgeable staff will help ensure you find the right office space in Meridian and help you get the best deal possible for your needs.

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.

Please check out The Sundance Company website to view property photos, search for office space or learn more about Sundance’s start-to-finish capabilities. If you prefer to talk to someone in person about your commercial real estate needs, then just give us a call at our Boise office, (208) 322-7300.