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Boise Commercial Real Estate – Stonegate Office Complex

The Sundance Company is one of the few local commercial real estate companies in the Boise area that self-manages and maintains its own properties—enjoying higher occupancy levels and superior quality control for its projects.

Savvy 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 Treasure 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.

Today’s featured property is The Stonegate Office Complex. The complex is an attractive two-story building with an airy garden atrium filled with live plants. With its convenient central Bench location in Boise, Idaho, the Stonegate Office Complex is within walking distance of shopping, restaurants and the post office. The modified gross lease is full service less tenant janitorial.

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
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

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.

Convenient Central Bench location within walking distance of shopping, restaurants and the Post Office.
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The Sundance Company helping spur growth in Meridian, Idaho

This summer, a new interchange will plow off the freeway and down onto Ten Mile Road in Meridian, Idaho – one of the fastest-growing cities in the greater Boise metropolitan area.

The offramp, scheduled to be completed in late 2011, will lead to hundreds of acres of empty fields – not the usual sight for a Treasure Valley interchange.

But with a source of steady traffic flowing through the area, which previously sat in the middle of the longest stretch of Interstate 84 in the Treasure Valley without an interchange, the land will be ripe for new development.
With that in mind, the city of Meridian, along with 500 affected individuals, came up with a 300-page plan for the area in June 2007. It sets guidelines for land use and transportation.

One broad goal is to bring in mixed-use buildings – buildings that will host shoppers, diners and businesspeople on the bottom floors and residents on the upper floors. The core area will be anchored by a transit center in the north and a commercial district in the south; it’s intended to host the Treasure Valley’s “most fashionable” retail center, according to the plan.
The newly developed Ten Mile area will aim for urban and pedestrian appeal, with buildings instead of parking lots framing the sidewalks and glassy storefronts and design details.

The plan recommends a building height limit of four stories in most areas, except those for high-density employment and a lifestyle center, where five to six stories will be allowed. It also includes an emphasis on parks and open space.
For now, no one has submitted a development proposal, though Mayor Tammy de Weerd said the city has had discussions with potential developers.

“As the economy and the interchange start to pick up, so will the development,” she said. “…Investment is attracted to a well-planned and well-defined area.”

That’s been the theory behind growth in what Meridian calls its Health Sciences and Technology Corridor along Eagle Road, which has been the site for some big building projects lately. Anchoring the corridor are institutions like Idaho State University, a St. Luke’s campus, Blue Cross, Urology Institute, Complex Care Hospital and Bodybuilding.com.
Right now construction is ongoing in the corridor at the Silverstone Corporate Plaza, a 124,000-square-foot office condominium developed by The Sundance Company and built by Jordan-Wilcomb Construction, both of Boise. Work began in October and is slated to be completed in August. The 124,000-square-foot Silverstone Corporate Plaza at 3421 E. Overland Road in Meridian, is an upscale office-condo building, in the Sundance-developed Silverstone Business Campus in the southeast quadrant of Overland and Eagle roads.

Also in the corridor, construction continues at Meridian’s Joint School District No. 2 site, where Idaho State University is building a new facility to house its health sciences program.

Two four-story, 80,000-square-foot medical office buildings were completed this winter at Portico, a 24-acre development nearby. It also includes a 134,000-square-foot office tower slated to be finished in November. Engineered Structures Inc., of Boise, is the general contractor for Portico and plans to move in to the new office building when it’s completed.
Work on a four-diamond hotel project in the Portico development is expected to start in the fall, though a brand has not been announced.

The Health Sciences and Technology Corridor came about naturally, as a result of private development decisions.
“It grew because it had those foundational pieces that people want to be near,” said Phil Stiffler, economic excellence coordinator for Meridian.

The city hopes to capitalize on the synergy created by businesses in similar fields operating in a defined geographic area. Stiffler said potential employees know there are multiple career opportunities nearby, and incoming businesses know there will be a trained work force and a solid neighborhood.

© 2009 Idaho Business Review

About The Sundance Company
The Sundance Company has become a development powerhouse with more than 30 years of successful history in Idaho’s Treasure Valley and the Boise metropolitan area. The Sundance Company is one of the few local companies that self-manages and maintains its own properties—enjoying higher occupancy levels and superior quality control for its projects.

Savvy 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 Treasure 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.

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The Sundance Company’s Build-to-Suit Capabilities

The Sundance Company prides itself on its ability to provide options and tailor solutions to its client’s needs.  The Sundance Company offers a multitude of possibilities with its build-to-suit options throughout the Treasure Valley, including in Boise, Meridian, and Nampa.

If the current 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.

Meeting customer-specific demand and delivering customized solutions is the foundation of The Sundance Company’s build-to-suit program. We collaborate and work with customers to manage the entire build-to-suit process, including site selection, land acquisition, facility specifications, permitting, construction and ownership.
The development and proven structure of The Sundance Company’s build-to-suit project team benefits our customers through its articulation of a clear mission and direction.

    For more than 30 years, The Sundance Company has developed millions of  square feet of build-to-suit space in the Treasure Valley and greater Boise metropolitan area in response to customer-specific demand and specifications driving the design and development of each project.

    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.

    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.

    sundancecompany Boise Commercial Real Estate, Boise Commercial Real Estate Development, Boise Office Space, Boise Retail Space, commercial real estate, The Sundance Company

    Boise Office Space – Stonegate Office Complex

    The Stonegate Office Complex is an attractive two-story building with an airy garden atrium filled with live plants. With its convenient central Bench location in Boise, Idaho, the Stonegate Office Complex is within walking distance of shopping, restaurants and the post office. The modified gross lease is full service less tenant janitorial.

    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
    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

    About The Sundance Company
    The Sundance Company has become a development powerhouse with more than 30 years of successful history in Idaho’s Treasure Valley and the Boise metropolitan area. The Sundance Company is one of the few local companies that self-manages and maintains its own properties—enjoying higher occupancy levels and superior quality control for its projects.

    Savvy 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 Treasure 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.

    Convenient Central Bench location within walking distance of shopping, restaurants and the Post Office.
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    The Sundance Company Services

    At The Sundance Company, our team of specialist service teams strive to deliver levels of service and success beyond our clients’ expectations. We have developed numerous long-term relationships with our clients because of our goal to deliver beyond expectations. With The Sundance Company, you can be sure that you have a network of talented and committed people all working towards a common goal: the success of your business. The Sundance Company is one of the few local companies that self-manages and maintains its own properties—enjoying higher occupancy levels and superior quality control for its projects.

    With more than 30 years of successful history in Idaho’s Treasure Valley and the Boise metropolitan area, The Sundance Company uses our individual expertise in the Treasure Valley market, combined with access to local market intelligence that few companies can match, to help you achieve, and surpass, your business goals.

    With more than 1.5 million square feet of prime office and industrial space in the greater Treasure 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. For more information about The Sundance Company’s available office, industrial, or retail space in The Treasure Valley including Boise and Meridian please contacts us at 208.322.7300 or electronically.

    sundancecompany Boise Commercial Real Estate, Boise Commercial Real Estate Development, Boise Office Space, commercial real estate, The Sundance Company

    How is commercial real estate square footage measured?

    While all properties use the square foot as the basis of measurement, which parts of the property are included in the final calculations vary by building type. Gross square footage is most typically used with warehouses, industrial buildings and other stand-alone buildings, such as freestanding retail sites. Typically, the calculation will include the thickness of the sidewalls when measuring the total footprint of the site. When measuring multi-tenant warehouse, industrial and retail property, the inside measurement may be the most appropriate. This measurement will include 50% of the thickness of any demising walls.

    Office buildings use substantially different calculations. The actual square footage that an office user may occupy is typically less than the amount upon which the rent is based. The square footage that you use exclusively is termed “usable square feet” and the amount upon which the rent is based is called “rentable square feet”. This is because office tenants pay their proportionate share for their use of building common areas. Common areas include lobbies, hallways, rest rooms, and service areas. The differential is expressed as a percentage known as a load or loss factor. When comparing properties, it’s a good idea to ask, “What is the load factor?” The higher the load factor the more of your space will be in the common areas and less inside the suite for your exclusive use. Occasionally, one may find a building that bases the rent upon the usable square footage. Since load factors can run 17 to 22 percent, this may represent real savings.

    About The Sundance Company
    The Sundance Company has become a development powerhouse with more than 30 years of successful history in Idaho’s Treasure Valley and the Boise metropolitan area. The Sundance Company is one of the few local companies that self-manages and maintains its own properties—enjoying higher occupancy levels and superior quality control for its projects.

    Savvy 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 Treasure 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.

    sundancecompany Boise Commercial Real Estate, Boise Commercial Real Estate Development, The Sundance Company

    The Sundance Company – Commercial Real Estate Development in Boise

    Since its inception, The Sundance Company has developed and invested its talent, energy and resources to provide communities, consumers, and businesses in the Treasure Valley with boundless opportunities. As one of the most trusted and experienced commercial real estate leaders in the greater Boise metropolitan area, the business has concentrated a substantial part of its core efforts on commercial real estate development.

    The Sundance Company has opted to go beyond the typical commercial real estate development role as the company likes to take a visionary approach to its commercial real estate developments. The firm looks beyond today’s world to determine what buildings will be needed – and where they need to be – years from now. Commercial real estate developers take the greatest risk by looking into the future and predicting what tomorrow’s businesses and consumers will need as it is far from an exact science, but The Sundance Company feels their projections and track record have been successful largely due to their expertise and understanding of the Treasure Valley.

    Their latest project – Silverstone Corporate Plaza – is an excellent example. In October 2008, The Sundance Company commenced construction on the 124,000 square foot, Class A office condominium located within the highly coveted Silverstone development at Eagle and Overland Roads in Meridian. The Corporate Plaza is slated for completion by mid –summer 2009. But when the company was founded in 1976, did the founders imagine commercial buildings, office complexes, and retail centers in an area such as Eagle and Overland in Meridian?

    “Yes. My father, Roger Anderson, had a vision for The Sundance Company and sought out these opportunities and turned them into a reality,” said Travis Anderson, Chief Operating Officer. “In the process it has helped communities in the greater Boise metropolitan area like Meridian and Nampa continue to grow and flourish.

    “Tomorrow’s manufacturers, distributors, retailers and employers will have a home in the Treasure Valley because The Sundance Company has the daring and vision to foresee their needs.”

    The Sundance Company is experienced in all phases of the commercial real estate development process. Their finely-tuned process includes the financial feasibility of commercial real estate development, which involves the identification and evaluation of critical assumptions related to the creation, construction, and operation of economically viable commercial real estate projects in the Boise, Meridian, and Nampa area. From idea inception to asset management, their thorough understanding of this process benefits not only The Sundance Company, but investors, lenders, builders and communities as well.

    About The Sundance Company
    The Sundance Company has become a development powerhouse with more than 30 years of successful history in Idaho’s Treasure Valley and the Boise metropolitan area. Sundance is one of the few local companies that self-manages and maintains its own properties—enjoying higher occupancy levels and superior quality control for its projects. Savvy tenants and buyers look to Sundance 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 Treasure Valley. Sundance 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 Sundance project 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.