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Archive for December, 2009

Treasure Valley Office Space Checklist

December 28, 2009 Leave a comment

So, you’re just starting a business in the Treasure Valley, and you’re finding yourself overwhelmed with the task of locating an office that will accommodate your needs without breaking your budget. Choosing office space can be complicated, because you’re counting on the amount of business you do to offset the costs of leasing the space and staffing it with employees. No matter which type of space you choose for your business, there are some considerations that you should always keep in mind on your quest to lease office space.

When you set out to find office space such as the Blackeagle Center in Boise or the Silverstone Corporate Plaza in Meridian, Idaho, it is important that you make a list of the most important aspects of the space before you talk to a leasing agent or even make a phone call in response to one classified advertisement. Essential to this list is that you keep in the back of your mind exactly what you need, not what you want to function. These needs include the actual amount of space you need to function, not feel like a corporate executive; the communications access that you need to stay in touch with your clients on a regular basis, like internet and commercial telephone services, and last, but not least, the realistic amount of money you have to spend on an office.

When you are looking to lease an office, the amount of actual square footage you need depends greatly on the type of business you are hoping to run. If you’re going to be running a clothing store or design studio, you will need more space than someone who is developing and running a web site or a consultancy.

If you have considered all of the office space that is available for lease around your geographical location and have determined that nothing is very well suited to your needs or to your budget, you might want to consider a executive suite office instead. These are typically single suites that are available within a professional office building. The benefits of executive office space include professional receptionist services, access to conference rooms, internet and phone services, and, in most cases, spaces that are already furnished with chairs, desks, and filing cabinets.

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.

How To Find The Right Office Space in The Treasure Valley

December 23, 2009 Leave a comment

With a little extra time and effort, you can be assured of finding a great office location from The Sundance Company in the Treasure Valley that will serve your business well for years to come. With numerous office space locations in Boise or Meridian, Idaho, consider these tips to help you find the perfect spot.

  • Consider What You Need: You would think this would go without saying, but it is amazing how many business owners leap into an office contract after being mesmerized by the fancy foyer or the many amenities. Write down exactly what you need and take that list with you when you tour available spaces. If you have 10 employees, don’t rent space for 100. Unless you have concrete plans to expand to a larger or different operation in the future, rent only for your current needs. And don’t let yourself be talked into something you really don’t need. Nothing good can come of trying to fit a square peg in a round hole when it comes to office space.
  • Make a Budget: Don’t over-extend yourself with a huge rental payment when you are considering the office space that is right for your business. Office space for rent can make or break your budget. Find an adequate space that is affordable and that fits well within your budget. You don’t want to over-extend yourself, and you can always upgrade later. And don’t forget to read the fine print. What costs and utilities are you expected to cover? Are there any hidden fees in the contract?
  • Plan for the Future: While you don’t want to agree to an office space rental agreement based upon hazy future plans, you do want to be prepared for changes you might need to make later on down the road as your business grows and expenses. Does your rental agreement allow you to remodel the office space or expand into empty, adjacent space? What if you need to terminate the agreement or want to upgrade to a larger office? Can that be done under your agreement or would hefty fees be involved to re-negotiate the lease? Work out those details now as you plan for the future of your business, and save headaches later for a great experience as you search for office space for rent.

Use these tips to find the right property for your business in the Treasure Valley. Then rest secure in the knowledge that you have made a smart business decision that will serve you well for years to come.

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

You Can Do it All at Meridian Idaho’s Silverstone Business Park

December 21, 2009 Leave a comment

Meridian, Idaho’s Mayor Tammy de Weerd recently wrote about The Sundance Company in her City of Meridian blog, http://www.meridiancity.org/blogs.aspx?id=4195&blogid=701. Or you can just read below …

Over the last year, many have anxiously watched the southeast corner skyline of Eagle and Overland Roads transform as one of Meridian’s newest buildings, the Silverstone Corporate Plaza, takes shape.  This incredibly elegant building gives us another reason to celebrate all that we have going on in Meridian and in our business parks.

Not so long ago, commercial business parks were developed as dry, bland rows of boxy warehouse-style buildings connected by meandering dead-end streets and parking lots.  No personality; no style.  Today, Meridian’s business parks don’t just break that old stereotype… they shatter it!

Within the 170-acre Silverstone Business Park, large employers such as Power Engineers, Citi, Intermountain Orthopedics, AmeriBen/IEC Group, Bodybuilding.com, Idaho Athletic Club, Sage Diagnostics and Imaging, T-Mobile, Neurological Associates, and Academy Mortgage to name a few, share the grounds with a variety of retail, dining, service, and lodging providers.  Whether you are looking for sushi from Sakana Japanese Sushi and Steak Hours or would like to try a “staycation” at the Candlewood Suites Hotel, you can do it all in Silverstone.

Silverstone’s developer, The Sundance Company, has created a balanced, multi-functional business environment, and has found ways to include many of the “nice-ities” that make going to work or doing business a more pleasant experience.  From attractive landscaping to cutting-edge amenities such as the concierge services available to tenants of the new Corporate Plaza, the development’s thoughtful design and aesthetically-pleasing appearance are sure to go far in continuing to attract economically-vibrant tenants to this business park and our community.

Silverstone Plaza in Meridian, Idaho is Up and Running

December 16, 2009 Leave a comment

A year-long construction project at Silverstone Park in Meridian has come to a close, and The Sundance Company recently  held an open house for the new 120,000-square-foot building on December 4.

The Silverstone Plaza consists of Class A office condominiums, with spaces ranging from 3,000 to 90,000 square feet. As of today, 39,200 square feet are occupied. Idaho Trucking and Home Federal Bank have purchased 1,300 and 24,000 square feet, respectively, while The Sundance Company and Silverstone Amenity Center are leasing 5,500 and 8,400 square feet, respectively.

The new building was constructed by Jordan-Wilcomb Construction of Boise, with work beginning in October 2008. The Sundance Company of Boise will handle all leasing and sales.

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

Silverstone Plaza News from The Sundance Company

December 14, 2009 Leave a comment
  • Galerie Belle Ame Silverstone Plaza, a fine-art gallery, opened Dec. 2 in Silverstone Plaza, a new building in the Silverstone development in the southeast quadrant of Eagle and Overland roads, Meridian.
    “We anticipate a successful partnership with Silverstone, which will bring exposure to our artists,  grow art appreciation in the community, and provide companies within Silverstone Plaza an exciting place to do business,” Melissa Brodt, Galerie Belle Ame CEO, said in a release.
    “This alliance represents a new business model that is designed to benefit the tenants and visitors to Silverstone Plaza while providing a unique platform for artists to showcase their talent,” said Chris Anderson of Silverstone developer The Sundance Company. “A dynamic art culture and a progressive business community go hand-in-hand. Hopefully our forward thinking philosophy will promote a winning strategy.”
  • Home Federal Bank recently held grand opening activities at its 4,000-square-foot branch office in Meridian. The branch and drive-up banking facilities are at 3405 E. Overland Road, in the new Silverstone Plaza building.
    “We did extensive market research to determine the best location for this new branch,” Len Williams, president and CEO of Nampa-based Home Federal, said in a release. “This area scored the highest in several components including convenience for customers. We are happy to have found a great location in the true center of the Treasure Valley.” Melissa Fulcher is branch manager and Angie Wecker is customer service manager. Home Federal said it aims to complete, in late January, a 12,000-square-foot space it purchased on Silverstone Plaza’s second floor. The space will house commercial banking and builder finance teams.

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

The Sundance Company’s Flagship Property

December 9, 2009 Leave a comment

The Sundance Company recently completed constructions of the 124,000-square-foot Silverstone Corporate Plaza at 3421 E. Overland Road in Meridian, Idaho. The upscale office-condo building, in the Sundance-developed Silverstone Business Campus in the southeast quadrant of Overland and Eagle roads, will include sizable space for Home Federal Bank.

“By developing this project as an office condominium, we hope to provide our clients with the flexibility to either own or lease high-quality office space in a magnitude unprecedented in the Valley,” Sundance Chief Operating Officer Travis Anderson said in a release. “We believe this was a key factor in the selection of the Silverstone Corporate Plaza by Home Federal Bancorp for executive offices and a drive-through banking branch.”

Home Federal President and CEO Len Williams said in an interview that the bank plans to occupy about 12,000 square feet of office space. The bank will relocate some commercial loan officers, residential mortgage lenders and some executive offices to Silverstone Corporate Plaza.

“At this point our corporate headquarters remains in Nampa, but we will have some executive office space in the new Silverstone building,” he said. Home Federal will own its office space and the full-service bank branch.

The branch will be about 8,000 square feet, built on adjacent property and attached to Silverstone Corporate Plaza, Williams said. Drive-through banking facilities will be sited under the building.

The Sundance Company will move its corporate office to Silverstone Corporate Plaza, which “stands to become Sundance’s flagship property.” Sundance now is based in the Blackeagle Business Center, at Overland and Maple Grove roads in southwest Boise.

The Sundance Company, one of the largest commercial real estate developers in the Boise area, said the availability of on-site concierge services, shared-use conference, board and training rooms, and projected on-site executive suites “will provide the flexibility and efficiency expected from today’s sophisticated consumer.”

“The service infrastructure that will be incorporated into this project will not only be a benefit to the tenants of the Silverstone Corporate Plaza, it will also allow Sundance to continue to exceed the service needs of our entire client base,” Sundance President Chris Anderson said.

The interior finishes include mosaic glass and tile, artisan wall coverings, and domed ceilings. Other planned features are a slab granite façade, covered executive parking, a “generous parking ratio” an “ample tenant improvement allowance” and the availability of owner financing.

Build to Suit and Land Development in the Treasure Valley

December 7, 2009 Leave a comment

The Sundance Company prides itself on its ability to provide options. Whether you are looking to purchase land or prefer a build-to-suit, The Sundance Company offers a multitude of possibilities with its land development and build-to-suit options throughout the Treasure Valley, including in Boise, Meridian, and Nampa.

If the current Boise Treasure Valley market does not offer what your business is looking for, you can now consider designing and building a facility to suit your needs, rather than renewing your current lease or settling for an “as is” building. Build-to-suit opportunities represent just one of the alternatives available to companies in today’s complex commercial real estate environment. Many executives procuring space for their companies find a build-to-suit option most advantageous, and The Sundance Company can effectively and efficiently assist you with your needs.

For more information about your commercial real estate options, including build-to-suit opportunities, simply give us a call at our Boise office at (208) 322-7300 or please check out The Sundance Company website to view property photos, search for office space or learn more about Sundance’s capabilities.