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.

Recent transactions by The Sundance Company

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

  • Bodybuilding.com expanded to 21,184 square feet of office space in the Cedar Point Building, at the  Silverstone Business Campus in the southeast quadrant of Eagle and Overland roads in Meridian, Idaho. The Sundance Company handled the transaction.
  • Shamrock Coffee reopened under new ownership in the Blackeagle Center, at the northwest corner of Overland and Maple Grove roads in Boise, Idaho. The retail space is 1,489 square feet. Joel Harper of Laska Co. represented the tenant. The Sundance Company represented the property owner.
  • CompUSA Retail Inc. leased 6,654 square feet of offic space at the Cedar Point Building, 2090 S. Silverstone Way, in the Silverstone Business Campus in Meridian, Idaho. The Sundance Company handled the transaction. The company is launching sales offices in the Boise area and in Sioux City, S.D.

Silverstone Business Campus welcomes new tenant

Software company Neoreef is taking advantage of economic downtimes to move its offices from a location near downtown Boise to The Sundance Company’s Silverstone Business Campus in Meridian, Idaho.

The SilverStone Business Campus is a 90-acre master planned employment center centrally located in Meridian – one of the most rapidly growing cities in the Boise metropolitan area. The campus is ideally located 1/4 mile from Interstate 84 at the Eagle Interchange, and there are more than 1 million square feet of tenant amenities within minutes of the SilverStone Business Campus.

“Right now it’s an ideal time in the commercial real estate market – prices are down. You have the opportunity to renegotiate your lease for a lower rate, or move to something nicer at the same rate you were paying,” said company president and CEO Brian Ernesto. “We moved to a much nicer office in a lot better location – it’s been a very positive move for us.”

The new 1,300-square-foot location, at 1880 S. Cobalt Point Way, Suite 210, is larger than the company’s previous 1,200 square feet, but Ernesto said the real advantage is better access to clients and shortened drive times for employees.

He said while the company has experienced a lull over past year, the new space also offers more flexibility for expansion.

“We’re still growing. Things are definitely slowed down from the rapid, break-neck growth we were seeing last year … (but) we’re still finding that we’re getting some really nice clients this year,” Ernesto said.

“Our old location was nice on the inside, but the location wasn’t necessarily representative of the company we are,” Ernesto said. “The companies that we’re near now are similar to the types of clients we represent.”

© 2009 Idaho Business Review

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.

The Sundance Company provides commercial real estate leasing options in the Treasure Valley

The term commercial property (also called investment or income property) refers to buildings or land intended to generate a profit, either from capital gain or rental income. Commercial property includes office buildings, industrial property, medical centers, hotels, malls, retail stores, shopping centers, farm land, multifamily housing buildings, etc. In many states residential property containing more than a certain number of units qualifies as commercial property for borrowing and tax purposes.

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.

For more information about The Sundance Company’s available office space in The Treasure Valley including Boise and Meridian please click one of the links below. You can also reach The Sundance Company at 208.322.7300 or electronically.

Boise Office Space

Boise Industrial Space

Boise Retail Space

Meridian Idaho Office Space

Meridian Idaho Industrial Space

Meridian Idaho Retail Space

Need Office Space in the Treasure Valley? Check out 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.

For more information about The Sundance Company’s available office space in The Treasure Valley including Boise and Meridian please click one of the links below. You can also reach The Sundance Company at 208.322.7300 or  electronically.

Boise Office Space

Boise Industrial Space

Boise Retail Space

Meridian Idaho Office Space

Meridian Idaho Industrial Space

Meridian Idaho Retail Space

The Sundance Company promotes Amber Grant to Business Concierge position

Amber Grant has accepted the Business Concierge position with The Sundance Company in Boise, Idaho. Ms. Grant has been has been with The Sundance Company for three years serving as the executive assistant to The Sundance Company’s leadership team as well as the coordinator for Bushmen Safaris.

Ms. Grant will start-up and independently manage the highly-anticipated Silverstone Corporate Plaza amenity center in Meridian, Idaho. This center will serve the entire Silverstone Park, which upon completion comprise of 1.6 million square feet of commercial properties. This concierge role will entail business event planning, preferred services for all park occupants, as well as scheduling all conference and meeting areas in the Silverstone Corporate Plaza (completion date Sept. 2009).

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.

Finding the right leasing space in the greater Boise metropolitan area – Part 3

This week we will talk about the next step in finding the right leasing space – letter of intent or LOI. Please remember this is a general summary of the leasing process and the steps involved for your company can vary depending on a number of factors.

Letter of intent – A letter of intent is sent to a property owner such as The Sundance Company stating your intent or desire to enter into a lease agreement at their property. These agreements are not leases so they are non-committal in nature but they do establish your intent to negotiate a term with the landlord. With more than 1.5 million square feet of office and industrial space available in prime Boise and Meridian locations, The Sundance Company can help you find the commercial real estate leasing space that best fits your business needs.

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.

Finding the right leasing space in the greater Boise metropolitan area

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 right space in The Treasure Valley. Whether it is Boise, Eagle, Meridian, Nampa, or someplace else in the metropolitan area, The Sundance Company can help with your leasing space needs.

There are several variables to consider and The Sundance Company offers a general summary of the leasing process. Please remember this is a general summary of the leasing process and the steps involved for your company can vary depending on a number of factors.

1. Identify Needs: Location, location, location. You have probably heard that phrase numerous times in the business world and the word location is might be the most-used word in real estate. Why?  Location affects your visibility, the quality of your space and ultimately the long-term value of your business. Before you finalize your location in the greater Boise metropolitan area you need to answer a few questions: Where are our customers? Our market region? Our employees? Where is the competition located?

Cost: Your monthly rent will be determined by a few variables including location (Boise, Meridian, or Nampa), lease rate per square foot, free rent or other concessions provided by the owner, utilities and other costs if the lease is Triple Net, additional tenant improvements that are amortized into the rent, and annual rental increases as provided for in your lease.

Type of Space: The type of space you need is going to be determined by the type of product or service you provide. Is it industrial? Retail? Office? The Sundance Compay has commercial real estate leasing options including industrial, retail, and office throughout the Treasure Valley so we can certainly find the right type of space for your company.

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.

Meridian, Idaho Commercial Real Estate Available from The Sundance Company

If you are looking to lease, buy or rent commercial real estate in Meridian, Idaho then you’ve come to the right place. As one of Meridian’s commercial real estate leaders, The Sundance Company team has helped businesses of all sizes find the right commercial real estate location to fit their business needs.

The Sundance Company knows the Meridian commercial real estate market and can share that unmatched market knowledge with you. We are committed to personalized service and devoted to providing innovative, team-based commercial real estate solutions.

Whether you are a start-up business looking for a new commercial real estate location or an existing business needing to expand in Meridian, Idaho, The Sundance Company is here to help find and secure the perfect location for your company.

With our start-to-finish capabilities, The Sundance Company can help and make sure your new commercial real estate is a great place to do business and thrive in of the fastest growing markets in the state of Idaho – Meridian.

Meridian Commercial Real Estate

For most businesses, finding the right commercial real estate location is a major obligation. While the cost of your commercial real estate location can significantly affect your bottom line, it also has many other important consequences. Having an experienced commercial real estate leader like The Sundance Company – who knows and understands the Meridian market – will make a big difference in your search for commercial real estate in Meridian.

Take advantage of the aptitude of The Sundance Company – a commercial real estate leader in Meridian and let them help you find the right space for your business. The Sundance Company’s professional and knowledgeable staff will help ensure you find the right commercial real estate location in one of Ada County’s prime locales in Meridian.

If you have any 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 properties, please visit our Properties page.

About The Sundance Company
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 the Boise metropolitan area.

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.