Is There a Secret to Finding The Right Commercial Real Estate Space?

When you own your own business, finding the perfect commercial real estate space for lease is necessary. Whether you are hunting for an office in Nampa or a suite in Meridian or a warehouse in the Boise Valley, understanding your professional necessities will help you obtain the ideal space. But first you need to answer the following questions:

– How much money can I allocate to allocate for retail space for rent?
– Would it be more sensible to find a suite for lease or a shop for rent?
– What extras are needed to manage my business?

Take the time to honestly evaluate your choices and your personal and professional state of affairs before making a down payment on a commercial real estate space for for lease. Then you need to ensure the property is right for your business. If you truly need an office in downtown Boise, then a storefront in any other location isn’t going to meet your needs. Talk to a tenant representative at The Sundance Company who deals specifically with commercial real estate space for lease in the Boise Valley. Lean on our experience and expertise to help you with your questions, concerns, and leasing needs.

So is there a secret to finding the right commercial commercial real estate space? Yes. At The Sundance Company, we truly care about your success. We pride ourselves on the quality of our portfolio, the depth of our management team and, most of all, our dedication to our customers. No matter the level of adversity, we evaluate all of the conditions, then figure out a way to get space leased and effectively to meet your business 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. More information is available at www.sundanceco.com or 208.322.7300.

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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.

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.

Boise Valley Retail Space Available For Lease

Are you planning to rent or lease retail space in the greater Boise Valley for your business? It is not always easy trying to find the ideal retail space, and there are a lot of options available such as, general retail, free standing retail, regional malls, specialty centers, community centers, and many more. It is essential to find a retail space that you’re your business needs, and remember, a store can become the foundation for the future development of your business.

Finding a good retail space in the Boise Valley can be easy if you follow these simple steps:

  • Find out why the previous tenant left the space. If the previous tenant has left the space for the lack of customers, then you might face the same problem. Also, check the transport system near the retail location. If the customers can’t commute to your store then it’s certainly not a good place to invest.
  • Study your target audience carefully. Study their requirements. Do they live near the office space you are planning to buy? Where do they go to shop? Studying these points carefully will help you to know the psychology of your customers. Also, if you see that there are no residential areas nearby, don’t buy the space. You can search in the census bureau or chamber of commerce to find the most suitable place for your business.
  • Before you buy retail space in commercial area you should study your competitors’ location. Make sure that you’re not going to face losses due to a rival store that is near to you. It is no use opening a retail store in a place that has a large number of competitors. It would take a long time for you to establish yourself in the market.
  • Check out all the costs while leasing a retail space. Do you have to pay for the maintenance and repairs? How much do you have to pay to decorate the retail space? Some landlords may ask you to pay a percentage of your sales along with your rental fee. It’s better to know all these details before you make the investment. A cheaper deal may sound attractive to you but that doesn’t mean it is the best decision until you have all of the facts.

If you are looking for retail space in the Boise Valley 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 commercial real estate available in prime locations throughout the Valley including Boise, Meridian, and Nampa so contact us today to see how we can help you find the right space for your company. More information is available at www.sundanceco.com or 208.322.7300.

Boise Commercial Real Estate Terms You Need to Know

When buying or leasing office, retail, or industrial space for your business you should be familiar with some common real estate terms to help make the process as seamless as possible. Besides the terminology, another consideration should be the person you work with to identify real estate opportunities and bring the deal together. Make sure that you find the right real estate professional like The Sundance Company to guide you through the process and help you find the kind of property you need for your business in the Boise Valley including Meridian, Nampa, and Caldwell.

  1. Appraisal: a written report by a state-licensed professional that includes an unbiased analysis of the property’s value and the reasoning that led to that opinion. An appraisal report is required for any property sale.
  2. Broker: an agent who brings together a buyer and a seller, or a landlord and a tenant, in a real estate transaction. All brokers must be licensed by the state in which they work. Most work on commission, and the landlord or seller usually pays the fee.
  3. Build-to-suit: a method of leasing property in which the landlord makes improvements to a space based on the tenant’s specifications. The cost of construction is generally factored into the lease terms. Most build-to-suit provisions apply to long-term (10-year) leases.
  4. Concessions: benefits or discounts given by the seller or landlord of a property to help close a sale or lease. Common concessions include absorption of moving expenses, space remodeling, or upgrades (also called “build-outs”), and reduced rent for the initial term of the lease.
  5. Escalation clause: a clause in a lease that allows the landlord to increase rent in the future. Rent increases dictated under an escalation clause may be charged in various ways, including:

• A fixed increase over a definite period
• A cost-of-living increase tied to a government index, such as the tax rate
• An increase directly related to increases in operating the property

  1. HVAC: an acronym for “heating-ventilation-air-conditioning” system. In a commercial building, the landlord generally is responsible for maintaining the HVAC.
  2. Lease: an agreement by which the owner of a property (the “lessor”) grants the right of possession to a tenant (the “lessee”) for a specific period of time (the “term”) for a predetermined amount of money (the “rent”). A “leasehold estate” is the space occupied by the tenant. Common types of leases include:

• A straight, or flat, lease, which stipulates that the same periodic payment (usually monthly) be made for the entire term of the lease.
• A percentage lease, which uses a percentage of the net or gross sales to determine the monthly rent. This is most often used in retail properties and with a minimum base rent.
• A net lease, which requires the tenant to pay maintenance, taxes, insurance and so on, along with a fixed rent. This is also called “net-net-net” or “triple net.”

  1. Lien: a legal claim filed against a property for payment of a debt or obligation. If a property owner fails to pay a creditor, for example, the creditor can place a lien on the property. A lien can halt the sale of a property.
  2. Sale-leaseback: a transaction in which an owner sells a property to an investor, who then leases the property back to the original owner under prearranged terms. Sale-leaseback deals offer the original owner freed-up capital and tax breaks and the investor a guaranteed return and appreciation.
  3. Sublease: a lease given by a tenant for some or all of a rented property. For example, if a tenant rents 20,000 square feet but only ends up needing 10,000 square feet, they may want to sublet the extra space for some or all of the remaining term of the lease, providing they continue to occupy and pay rent for the property.

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 available at www.sundanceco.com or 208.322.7300.

Meridian, Idaho Commercial Real Estate for Lease – Silverstone Town Square

Located in Silverstone Park, an 80-acre business park at S. Eagle and E. Overland Roads in Meridian, Idaho, Silverstone Town Square is a 33,409 square feet Class A commercial real estate building that is a natural fit for office, medical, and retail users. The desirable Overland Road exposure features an approximate traffic count of 14,000 cars daily. Silverstone Town Square is situated less than one mile south of Interstate 84

Interchange and St. Luke’s Regional Medical Center, and there are over three million square feet of services and amenities within a one and a half mile radius.

Silverstone Town Square
3715 E. Overland Road
Meridian, Idaho 83642

Building Size: 33,409 square feet
Site Area: 2.33 acres
Zoning: C-G
Year Built: 2006
Number of Floors: Two
Parking: 4.6: 1,000 useable square feet
Construction: Reinforced concrete tilt-up with 8-inch square steel columns on approximately 34’ x 36’ grid
Exterior: Reinforced concrete tilt-up panels with artificial stone and stucco finishes
Roof: Single ply EDPM membrane roofing system
Floor Construction: Ground Floor -4” reinforced concrete slab
Second Floor—3 1/2” to 5” of concrete over corrugated steel pan
HVAC: Ground Floor—2 to 5 ton, 13 seer condensing units with 5-20 kw heater with relays
Second Floor—3 to 6 ton gas fired rooftop units
Ceiling: Lay-in acoustic ceiling panels in 2’x4’ T-bar ceiling grid with indirect and recessed lighting
Elevator: General purpose, 2,100 lbs capacity, 100 feet / minute
Ceiling Height: 10 feet in office areas
Restrooms: Ground Floor –in Tenant’s suites
Second Floor—common restrooms around elevator core; also Tenant suites
Life Safety: Wet pipe fire protection system with alarm valves with Fire Department Connection
Miscellaneous: There is extensive perimeter and site landscaping; distinctive granite sculptures at entrances. Signaled entry intersections on Eagle Road as well.

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 available at www.sundanceco.com or 208.322.7300.

Meridian, Idaho Commercial Real Estate for Lease – Silverstone Corporate Center

A quarter mile from Interstate 84 at the Eagle Interchange, SilverStone Corporate Center is a 90-acre master planned employment center centrally located in Southern Idaho’s Treasure Valley. With over 1 million square feet of tenant amenities within minutes of Silverstone Park, the center is an efficient three level floor plan, accommodating office users from 1,500 to 90,000 square feet. Silverstone also features a professional on-site business concierge available to assist with all of your business planning and state-of-the-art meeting facilities designed to provide your business with everything you need to keep your company productive

Silverstone Corporate Plaza
3405 E. Overland Road
Meridian, ID 83642

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 available at www.sundanceco.com or 208.322.7300.

Producing a Positive Office Environment with Feng Shui

If you want to make the most of your work, a feng shui office space might be the way to go. A few minor adjustments may be all you need to get a raise, nab the corner office or even start your own business. It’s all a matter of creating an office space that is both supportive and inspiring. The more thought you put into your surroundings, the easier it will be to set and meet your goals.

Do have a clear view of the entrance from your work station. This will lend a sense of security that enables you to concentrate. A clear view of the door will also help you spot career opportunities that you’d otherwise miss. If you can’t move your desk, position a mirror to reflect the entrance door.

Don’t face a wall while you work. Working this way could result in a dead-end job. If you can’t reposition yourself, hang a picture that affords a depth view at eye level. A scene of a winding road or river that features near and far objects will help you move forward toward your career objectives.

Do define your personal area. Placing a small mat or area rug at the entrance of your work space will inhibit people from walking in unannounced. This is an especially good cure if you work in a cubicle. If you have your own office, hang a pleasant-sounding bell from the door to alert you to visitors.

Don’t let items pile up on the floor. This will keep you stuck in the past, making it hard to meet deadlines or finish ongoing projects. Store materials that you regularly use in easily accessible file cabinets, bins and boxes. Keep a portfolio of work samples in a place where it won’t impede your daily work. Finally, sort through your papers once a month and discard unnecessary materials.

Do put symbols of future goals above your eye level. If you want a promotion, put a tall plant on top of a bookcase or file cabinet. To reach a sales goal, write your target number in red marker on a green piece of paper, and post it over the door. Looking for a new job? Post something that symbolizes this desire directly across from your work station, just above your line of vision.

Don’t let a bad work chair undermine your performance. If your company won’t pay for a better seat, it’s worth paying out of pocket for one. Choose a chair that is high enough to support your upper back. The height of your chair should allow you to place your hands on the desk at a 90-degree angle while your feet rest flat on the floor. If your work requires creativity, choose a chair that allows you to recline.

Do build trust by integrating organic materials into your work space. Wicker baskets, wooden paper trays, crystal paperweights, ceramic mugs and potted plants will encourage people to let down their guard with you. That’s because representations of nature are extremely reassuring in a business environment.

Don’t become distanced from your dreams. If your job doesn’t bear any relation to the work you really want to do, incorporate water into your office. This can include an indoor fountain, a noise machine that replicates the sound of running water, or a picture of a moving body of water. Water features keep you tuned into your innermost desires, encouraging you to take steps toward your ultimate career goals.

Do draw attention to your achievements. Frame any diplomas, certificate or awards and place them in the far left corner of your office. If you’re not able to display such items in your work station, install a high-watt light bulb in your desk lamp. Better yet, get a floor lamp that casts light up toward the ceiling. This will increase your visibility in the workplace. Lighting a red candle at your desk each day can help, too.

Don’t let items pile up on your desk. Clear your desk at the end of each work day, leaving out only the materials you use on a daily basis. (Your phone, computer, lamp, writing implements, etc.) You’ll feel much less overwhelmed when you sit at a clear desk every morning. Clear out your voice mail and e-mail boxes at the end of each day, too. This will save valuable time and energy, and help prioritize your work.

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 available at www.sundanceco.com or 208.322.7300.

Tips to Improve Office Space Efficiency

More than two and a half hours a day are lost through technological and individual inefficiencies, adding up to around 80 days a year per employee. These are the dramatic findings of research from BACS Payment Schemes, which interviewed over a thousand employees of small firms and found that PC problems, printer predicaments, and colleague conflict are taking up massive proportions of the average working day in the current office space environment.

Technology tops the list of time-wasting as slow and crashing computers combine with infuriating printer jams can cost employees up to 48 minutes every day. Dealings with colleagues also feature heavily, wasting 34 minutes a day while needless phone calls (26 minutes), meetings (23 minutes), and emails (16 minutes) complete the top five.

BACS offers some tips to make the office space more efficient.

  • Ask employees to communicate with you about problems with other staff; for example, detailing extra work they take on due to a colleague’s absence or inefficiency.
  • Collect data on absence and use it to find out who covers the extra workload and ensure they feel supported and appreciated for doing this.
  • An hour’s training on a software package or in basic computer trouble-shooting can save much more time later.
  • Although it may appear contrary, encouraging staff to take regular, five-minute breaks can increase productivity as staring at a computer screen for hours on end can be detrimental. Business owners would do well to follow this advice themselves too.

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 available at www.sundanceco.com or 208.322.7300.

Office Space For Lease in Meridian, Idaho

Are you or your business in need of office space in Meridian, Idaho? If you are looking to lease, buy, or rent office space in the third-largest city in the state 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 space for their office in the greater Boise area including Meridian.

Our goal is to help you find the office space that suits your business needs in Meridian, one of the fastest growing markets in Idaho. With our start-to-finish capabilities, The Sundance Company can help make sure your new office space is a great place to work.

Meridian Office Space 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 an office space expert like The Sundance Company – who is in tune with the Meridian market – will make a big difference in your search for office space for lease in this rapidly expanding market.

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 and help you get the best deal possible for your office space needs.

If you have questions or comments about The Sundance Company please call 1.208.322.7300 or visit our website at www.sundanceco.com. To view some of our commercial real estate options in Meridian, please visit our Properties page.