Recent Transactions from The Sundance Company

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

  • Power Engineers leased 15,311 square feet of expansion space in Silverstone Park, Meridian, Idaho. The Sundance Company represented the property owner, and The Power Engineers Meridian office is located at 2041 S. Cobalt Point Way.
  • Northwest Neurobehavioral Health LLC leased 6,174 square feet at 2076 S. Eagle Road at Meridian, Idaho’s Silverstone Park. The move-in is planned in September.
  • Nexgen Payment Services leased 2,114 square feet of expansion space at 7253 Franklin Road at Boise, Idaho’s Boise Office Center.
  • PayThatWay leased 1,516 square feet at 3919 E. Overland Road at Meridian, Idaho’s Silverstone Park.
  • Take Shape for Life leased 1,297 square feet at 3715 E. Overland Road, Suite 200 at Meridian, Idaho’s Silverstone Park.
  • DermaViv Skincare leased 446 square feet at 2030 S. Eagle Road at Meridian, Idaho’s Silverstone 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.

Rockridge Center: Boise Valley Commercial Real Estate Leasing Options from The Sundance Company

The Sundance Company, a commercial real estate development powerhouse with more than 30 years of successful history throughout the Boise Valley, is pleased to present the Rockridge Center for lease.

The Class A Meridian, Idaho structure is part of the Silverstone Corporate Center, which is a new 90-acre master planned employment center centrally located in Southern Idaho’s Boise Valley. Situated 1/4 mile from Interstate 84 at the Eagle Interchange, there are more than 1 million square feet of tenant amenities within minutes of the Silverstone Business Campus. Rockridge Center tenants will have individual exterior entrances to their suites. There also is extensive perimeter and site landscaping, distinctive entry portals at signaled intersections on Eagle Road as well as on Overland Road, and consistent architecture throughout the park.

Rockridge Center
2398 S. Eagle Road
Meridian, Idaho 83642

Building Size: 22,023 square feet
Site Area: 2.53 acres
Zoning: CC
Year Built: 2005
Number of Floors: One
Parking: 5/1,000 usable square feet
Construction: Reinforced concrete tilt-up with 6-inch square steel columns
Roof: Single ply EDPM roofing system on 2 layers of 1½ polyiso board on metal decking and bar joists framing system with vapor barrier
Floor Construction: 4” reinforced concrete slab over 18” compacted base HVAC: 5-ton gas-fired carrier rooftop units. 100,000 BTU; 2,000 CFM
Ceiling: Lay-in acoustic ceiling panels in 2’x4’ T-bar ceiling grid with indirect and recessed lighting
Ceiling Height: 10 feet in office areas
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.

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.

Boise Valley 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 onsite business concierge available – www.silverstoneamenitycenter.com – 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.

If the SilverStone Corporate Center does not 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.

Silverstone Corporate Center
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 is available at www.sundanceco.com or 208.322.7300.

Boise Valley Commercial Real Estate For Lease – Taylor West Industrial Park

The Sundance Company is pleased to announce that the Taylor West Industrial Park building has space available for lease to businesses. Located in Meridian, Idaho, the two-building industrial complex has 68,829 square feet of rentable space, and is ideally situated near two main thoroughfares in Meridian. Other features of Taylor West Industrial Park include: separate tenant entrances, easy access to Interstate 84, spaces offer office, showroom, R&D or industrial suites, ample truck turning radius for all sites, dock and drive-in doors, and fenced outside storage yards on-site.  At The Sundance Company, we treat every building as if we will own it for life, care for each building like we care for our own homes, and promise unparalleled response and follow through, which results in high tenant satisfaction and long-term comfort, cost-savings and occupancy.

Taylor West Industrial Park

125 West Taylor Avenue
Meridian, ID 83642

Site Area: Approximately 4.25 acres, 450 feet fronting W. Taylor Avenue
Zoning: C-G
Year Built: Built in two phases, 1990 & 1995
Project Size: 54,589 square feet
Number of Floors: Single, Unit 100 provides additional second floor office space
Parking: 91 parking stalls “in common” with all tenants
Construction: Concrete tilt-up
Roof: Flat roof with metal truss
HVAC: Office: Rooftop package HVAC with gas forced air heating and forced air electric air conditioning
Warehouse: Ceiling mounted gas space heaters
Ceiling: Warehouse clear height East 19’, West 16’ (bottom of truss)
Floor: 6” reinforced concrete slab
Warehouse Doors: Drive-in doors and dock doors on-site. Excellent ingress/egress and turning radius for trucks and trailers
Power: 120/20/ 3ph/ 4wire/ 200amps
Life Safety: Wet System (hydraulic system)
Special: Fenced yards available on-site

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.

Plan Your Business Meeting at Silverstone Amenity Center


No detail has been overlooked in any of the Silverstone Amenity Center conference and meeting rooms, which feature the integration of high-tech audio/visual capabilities, wireless internet, and video teleconferencing. Whether you’re hosting a business meeting, corporate retreat, or holiday party, The Silverstone Amenity Center is the perfect location for any occasion. Located at the corner of Eagle and Overland Roads, in the Silverstone Park, the Amenity Center is right in the heart of the Boise Valley.
Additional on-site services include:

  • Business Concierge
  • Food and Beverage Catering Arrangements
  • Presentation Equipment
  • Commercial Catering Station
  • Free Parking

More information available at www.silverstoneamenitycenter.com.

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.

Silverstone Amenity Center

Whether you’re hosting a business meeting, corporate retreat, or holiday party, The Silverstone Amenity Center is the perfect location for any occasion. Located at the corner of Eagle and Overland Roads in the Silverstone Park, the Amenity Center is right in the heart of the Boise Valley. Additional on-site services include:

  • Business Concierge
  • Food and Beverage Catering Arrangements
  • Presentation Equipment
  • Commercial Catering Station
  • Free Parking

More information available at www.silverstoneamenitycenter.com.

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.

Top Tips for Prospective Metro Boise Office Tenants

The process of leasing industrial space of business office space in the Boise metropolitan area can be complicated, time consuming and, often, perilous.  But, these lease tips for tenants can help.  Leasing commercial office space, whether for a relocation, renewal or expansion is an important business decision that creates significant long-term overhead costs.  For most companies, the cost of facilities is second only to employees’ salaries and wages.  A building needs to work well for your business, and the lease document needs to accurately define, document and apportion the proposed costs.

  1. Carefully analyze how much office space your business needs.
    Leasing too much space can be an expensive mistake, costing thousands of dollars per year. But leasing too little space can also be a serious problem that can impede your business’ future growth. You can get a handle on your space needs by engaging an experienced Interior Architect to prepare a space inventory or “Space Program.” The Space Program will help identify the space needed by various departments and work groups in your business. You may be able to identify future growth needs and structure your lease to accommodate your expansion needs.
  2. Decide up front on the geographic boundaries for your building search.
    Important factors to consider include proximity to current as well as future employees.  Is visibility or easy highway access important?  For instance, do your employees travel often to customer sites or to the airport?  Might you consider avoiding inconvenient major roadway construction?  Do you receive lots of client visits, where easy directions are important?  Do you need a specific city or county mailing address?  Is it critical to maintain your current phone number?
  3. What type of building or office space do you need?
    What kind of image do you want to project to your clients and employees?  Do you prefer a traditional multi-story office building with a common lobby entrance and shared restrooms?  Or would you prefer a single-story R&D/Flex-type of facility with a separate entrance and perhaps a drive-in door in the back?  Traditional office buildings offer space on a Rentable Square Foot (“RSF”) basis while utilizing a Common Area Factor (“CAF”) of approximately 10% to 15%.  This CAF is added to the Usable Square Footage (“USF”) of the actual area you occupy and accounts for the square footage of the shared building lobby, hallways and restrooms.  In single-story R&D/Flex buildings, since Tenants have their own entrances and typically provide their own restrooms inside their premises, so no CAF is added to the USF.
  4. Does your company have special needs?
    Examples of special needs include heavy parking, fiber optic telecom connections, redundant or back-up power feeds, back-up emergency generators, exterior signage, above standard electrical power or heating, ventilation and air conditioning (called “HVAC”), high ceilings, dock-high or drive-in doors and/or specialized lab or clean room equipment.  It is critical to identify your “must have” requirements early, because these issues may be impossible or very expensive to address later.  The absence of just one of these highly variable factors may eliminate an otherwise acceptable building.  It’s much better to address these issues up front, not months into the process.
  5. What is included in the Landlord’s rental rate?
    It is very important to understand that not all buildings are priced using the same format.  Many traditional office buildings offer leases on a “Full Service” or “Gross” basis, meaning that the quoted price of $x.xx per square foot per year includes all “Building Operating Expenses,” i.e. property taxes, insurance, common area maintenance, janitorial services and utilities.  These buildings usually offer a “Base Year” for Operating Expenses with the Tenant paying for annual escalations (increases) that exceed the cost of Operating Expenses in the Base Year, which is most often the calendar year when the lease begins.

    Other buildings, including most industrial, R&D/Flex buildings and some office buildings, offer Tenants what is called a triple net (“NNN”) lease.  In a NNN lease, the Tenant pays a Base Rent, plus all Operating Expenses for property taxes, insurance and common area maintenance.  However, in a NNN lease, the Tenant usually contracts for and pays separately for its own janitorial and utilities.  It can get confusing though, because some Landlords structure their office leases in a hybrid fashion by using a combination of Gross and NNN methods.  The important thing is to understand exactly who is paying for what and to make sure that this is clearly described in the lease document.

  6. Understand the “real” costs of constructing your improvements.
    Because it is rare to find space that perfectly fits your requirements, there is usually some interior construction required to reconfigure the space for your use.  Such construction is known as Tenant Improvements (“TIs”), Tenant build-out or Tenant finish-out.  These TIs can range from relatively simple new paint and carpet installation, costing $3.00 to $5.00 dollars per square foot, to extensive new construction — especially if you consider leasing “raw” or “shell” space that has never been built-out — which can cost $25.00 to $60.00 per square foot.The key point to understand — before your office lease is signed — is what the proposed build-out will cost, and to be clear on how much responsibility the Tenant will have for these costs.  Landlords typically offer a TI Allowance of $X per square foot that is included as part of your quoted lease rate.  The TI Allowance is  subject to negotiation and typically increases with the length of the lease term.  If needed, “extra” TI Allowance can often be supplied by a Landlord, but it will likely be amortized at an above market interest rate, usually 8% to 12%, over the term of your lease.  Be sure to understand whom (Tenant or Landlord) will manage the construction and will be responsible for unexpected delays or building code issues that may arise.

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 retail, 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

Why Do You Need an Executive Suite?

There are many reasons why it is prudent to consider  executive suites for your office space needs!  Executive suites are both convenient and cost effective. Below are a few examples of both reasons.

Convenience

There are many factors that make executive suites a much more practical solution than simply leasing an empty office space:

  • You can find office space for whatever size requirement you have (excluding very large companies) in a variety of convenient locations!
  • You can lease one office or an entire suite of offices depending on your needs.
  • Don’t want to spend months searching for the perfect space and more time moving? Need to get to work right away? Executive suites are all ready for your company so all you need to do is walk in and start doing business!
  • Executive suites and virtual offices offer a professional location to hold meetings or meet with clients for businesses that are run from home.
  • Leases tend to be very flexible, and expansion can be easily accommodated.
  • You have the ability to change your location at short notice if the current office location is not working out.
  • With executive suites, you make no capital investment. All equipment and facilities come fully equipped and the use of all of them is included in your agreement!

You will have the services of trained support staff which frees up you and your employees to “get down to business” without having to worry about the hassles of running an office.

Cost

So, executive suites sound very convenient and all, but there must be a catch. They are probably much more expensive than regular office space, right? WRONG! In addition to being more convenient, executive suites/virtual offices are generally more affordable than traditional office space. Since all of the equipment and furnishings that you would need to operate your office are already included in your executive suite, you instantly save money that you would have otherwise had to spend in order to stock your office. Due to this, executive suite spaces can be up to 40% cheaper than the cost of leasing a comparable sized office space alone. In addition, you have the opportunity to cut other costs by taking advantage of on-site professionals, including receptionists, a clerical staff and IT.

New or fast growing companies will find it beneficial and cost efficient to lease an executive suite because it enables them to find the perfect space for the current size of their company — and plan for the future! It is possible to lease one or several suites for your initial employees, and then add on new suites as your company grows! That might be easier than either relocating offices every few years, or leasing a large office space thinking that your company will “grow into it.”

If an executive suite or office sounds ideal to you then please check out The Sundance Company’s Silverstone Corporate Plaza. The 120,000-square-foot, Class-A office condominium, located within the sought-after Silverstone Park, offers spaces ranging from 3,000 to 90,000 square feet and features an unprecedented combination of amenities including business concierge services, executive boardrooms, conference rooms, and covered parking. For further information about leasing/ownership please call 208-322-7300 or visit www.sundanceco.com