The Sundance Company

September 7, 2009August 30, 2009 sundancecompany Meridian Commercial Real Estate, Meridian Industrial Space, Meridian Office Space, Meridian Retail Space, The Sundance Company

Meridian Idaho Commercial Real Estate

Are you looking for office, retail, or industrial space in Meridian? If you are looking to lease, buy or rent office space in Meridian 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 office, retail, or industrial space in Meridian.

Our goal is to help you find the perfect spot in one of the fastest growing markets in Idaho – Meridian. The Sundance Company can help with our start-to-finish capabilities and make sure your new office, retail, or industrial space in Meridian is a great place to do business.

Meridian Idaho Commercial Real Estate 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 a commercial real estate expert like The Sundance Company – who is in tune with the Meridian market – will make a big difference in your search for space for lease in the Meridian area.

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 in Meridian and help you get the best deal possible for your 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.

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.

September 2, 2009August 30, 2009 sundancecompany commercial real estate, Commercial real estate news, Economy news, The Sundance Company

NAR: Commercial Real Estate Decline Starts to Moderate

Erika Morphy of GlobeSt.com published this article last week about commercial real estate.
The decline in commercial real estate appears to be slowing, at least according to the latest statistics from the National Association of Realtors (NAR). So suggests its leading economic indicator, which registered only a 1.3 percentage point decline in its Commercial Leading Indicator for Brokerage Activity for Q2. The index reading was 101.5, compared to 102.8 in Q1. The index is at its lowest point since its inception in Q1 1994–as well as a steep drop from Q2 2008, when it was at 117.6.

“The decline is moderating a bit–we can hope that the steep declines may be coming to an end–but we are not nearly back to normal,” Lawrence Yun, NAR chief economist, tells GlobeSt.com.

The slight easing of credit and introduction of liquidity into the sector is largely the reason, he continues. TALF was extended for a few months beyond the December 2009 expiration date, Yun notes. Also, “there has been a nice gain in the REIT stock price index, which implies that credit conditions may be loosening.”

Yun’s best guess for commercial real estate recovery? “We’ll be bouncing along the bottom for some time, but meaningful gains won’t occur until the second half of next year.”

Getting to that point, though, will not be pretty. NAR is forecasting sharp increases in vacancies for the next year. It expects office vacancy rates to increase from 15.5% in the second quarter to 18.8% in the second quarter of 2010.

In the industrial market vacancy rates are likely to rise from 13% now to 15% in Q2 2010. Retail vacancies will edge up from 11.7% in Q2 2009 to 12.9% in the same period of 2010. Multifamily vacancy rates, by contrast, are expected to slip from 7.4% now to 7.1% in the second quarter of next year.

NAR is not the only leading economic indicator to point to an upcoming recovery. The American Institute of Architect’s latest Architecture Billings Index also suggests a rebound may be underway.

August 31, 2009August 30, 2009 sundancecompany Boise Commercial Real Estate, Boise Industrial Space, Boise Office Space, Boise Retail Space, Meridian Commercial Real Estate, Meridian Office Space, Meridian Retail Space, silverstone business campus, The Sundance Company

Boise Commercial Real Estate – Silverstone Coroporate Plaze

Act now to lease or purchase ideal Treasure Valley office space at The Sundance Company’s latest commercial real estate project, Silverstone Corporate Plaza.

Click on the image above to hear all about, Silverstone Corporate Plaza. The Sundance Company commenced construction of the Silverstone Corporate Plaza, a 124,000 square foot, class A office condominium located within the highly coveted Silverstone development at Eagle and Overland Roads in Meridian last year. The Corporate Plaza is slated for completion summer 2009. More information available at http://silverstonecorporateplaza.com/

If Silverstone Corporate Plaza does not fit your needs please visit our website to see all of our available properties.
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.

Boise Office Space

Boise Industrial Space

Boise Retail Space

Meridian Idaho Office Space

Meridian Idaho Industrial Space

Meridian Idaho Retail Space

August 27, 2009August 23, 2009 sundancecompany Boise Commercial Real Estate, Boise Office Space, Boise Retail Space, The Sundance Company

Boise Commercial Real Estate – Boise Office Center

The Sundance Company is proud to present the Boise Office Center, is a three-building, single-story office complex with attractive, mature landscaping. The Boise Office Center building offers separate tenant entrances, and signage is available on Franklin Road, one of greater Boise metropolitan area’s heavily congested areas and a convenient central location. The modified gross lease is full-service less tenant janitorial.

Boise Office Center
7201 Franklin Rd
Boise, ID 83709

Site Area: 4.59 acres; 317.42 feet fronting Franklin Road; 627.61 feet deep along Beechwoo
Zoning: C-1D
Year Built: 1981
Project Size: 60,228 square feet
Number of Floors: One
Developer: Trammell Crow
Parking: 4.3/1,000 parking ratio
Construction: Concrete tilt-up on slab foundation
Exterior: Frame and masonry
Roof: Trus-Joist support systems with ply shear and built-up roof coverings
Floor Construction: 4” reinforced concrete slab
HVAC: Individual 5-ton package units with electric air conditioning
Ceiling: Recessed acoustic ceiling panels in 2’x4’ T-bar ceiling grid with indirect and recessed lighting
Ceiling Height: 10 feet
Restrooms: Individual tenant spaces and common areas
Life Safety: Full fire sprinkler system
Miscellaneous: Mature landscaping and two breezeway areas with wooden benches provide attractive outdoor setting. Easy access to I-84 Connector and Boise Towne Square. Great central location with signage on Franklin.

August 25, 2009August 23, 2009 sundancecompany Boise Commercial Real Estate, Boise Office Space, Boise Retail Space, The Sundance Company

Boise Commercial Real Estate – West Valley Business Center

The Sundance Company is proud to present the West Valley Business Center, a five-building professional office complex. Located in Boise, Idaho, the center features mature landscaping, individual tenant signage and entrances and generous window area. The West Valley Business Center is a high-identity project with some Fairview Avenue signage available. Modified gross lease is full service less tenant janitorial service.

West Valley Business Center
9434- 9498 Fairview Avenue
Boise, ID 83704

Site Area: 5.85 acres; 440 feet fronting Fairview Avenue, 504 feet deep
Zoning: C-2D, Commercial General
Year Built: Built 1985 /Remodel 2007
Project Size: 74,900 square feet
Number of Floors: One
Parking: 4.5/1,000
Construction: Three-foot concrete berm wall with 6” cedar siding over 2”x4” frame wall
Roof: Flat pitch with single ply membrane over plywood over wood trusses
Floor Construction: 4” concrete (Building B NE TGI flooring)
HVAC: 5-ton rooftop units, ducted electric heat and cooling units
Ceiling: Acoustic ceiling panels in 2’x4’ T-bar ceiling grid with indirect and recessed lighting
Ceiling Height: 8 feet clear
Restrooms: Individual typical; Buildings B and D also have common restrooms
Life Safety: Full fire sprinkler system
Miscellaneous: Extensive landscaped perimeters. Monument signs available on Fairview Avenue & Linda Vista Roads.

August 23, 2009August 23, 2009 sundancecompany boise build to suit, Boise Commercial Real Estate, Boise Commercial Real Estate Development, Boise Industrial Space, Boise Office Space, Boise Retail Space, Meridian Commercial Real Estate, Meridian Industrial Space, Meridian Office Space, Meridian Retail Space, silverstone business campus, The Sundance Company

Silverstone Corporate Plaza

Please click on the photo above to hear about our exciting new project that is nearing completion, Silverstone Corporate Plaza. The Sundance Company commenced construction of the Silverstone Corporate Plaza, a 124,000 square foot, class A office condominium located within the highly coveted Silverstone development at Eagle and Overland Roads in Meridian last year. The Corporate Plaza is slated for completion summer 2009. More information available at http://silverstonecorporateplaza.com/

August 19, 2009August 16, 2009 sundancecompany commercial real estate, Commercial real estate news, Economy news, The Sundance Company

Strategies for success

To succeed in this real estate market, investors and managers need a new kind of toolbox. While financial implements are still critical, more traditional tools of the trade, a hammer, paintbrush and the number of a good plumber, for example, have joined them.

As the industry experiences one of the worst downturns in decades, real estate investors and managers are reconsidering strategies for success. Many of them have embraced a back-to-basics approach that provides a path for staying strong in a difficult economy. A key part of that approach: actively maintaining their properties.

Gone are the days when making a profit in real estate involved a financial transaction and little else. Now, in an effort to remain viable, real estate professionals are focusing on 1) protecting and enhancing the value
of their assets; 2) adapting to a changed investment climate; and 3) reallocating precious resources.

And despite the rough sledding, there is a good likelihood that these strategies, taken together, will yield success. To be
sure, a meaningful recovery is not imminent. But there is a growing list of companies lining up to take advantage of the recovery when it occurs, giving perhaps the first indication that a slow turnaround may be beginning, at least in some sectors.

August 17, 2009August 16, 2009 sundancecompany blackeagle center, Boise Commercial Real Estate, Boise Office Space, The Sundance Company

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:

Dano’s Burger leased 1,532 square feet at 3675 E. Overland Road, Meridian. The restaurant is in Silverstone Park’s Jade Plaza building. The move-in is scheduled this month. Ryan Martin of DK Commercial represented the tenant.

Robert Lechot, an insurance provider, leased 889 square feet in Boise Office Center, 7229 Franklin Road, Boise. Move-in was in July. Jay Story of Story Commercial represented the tenant.

Small Smiles, which provides dental services, renewed a lease of 11,358 square feet in Fairview Tech Center, 8744 Fairview Ave., Boise.

Anixter renewed a lease of 3,855 square feet in Blackeagle Business Center, Overland and Maple Grove roads, Boise. Guy Levingston of Intermountain Commercial Real Estate represented the tenant.

Roth Distribution renewed a lease of 2,432 square feet in Blackeagle Business Center, Overland and Maple Grove roads, Boise.

Allied Security renewed a lease of 1,134 square feet in West Valley Business Center, on West Fairview Avenue in Boise.

August 12, 2009August 24, 2009 sundancecompany Uncategorized

OnToplist.com

Business & Economy Directory

August 12, 2009August 9, 2009 sundancecompany blackeagle center, Boise Commercial Real Estate, Boise Commercial Real Estate Development, Boise Office Space, Boise Retail Space, The Sundance Company

Boise Commercial Real Estate – Ram Court, Blackeagle Center

Ram Court is located in the high profile Blackeagle Center, a 45-acre business park developed by The
Sundance Company in Boise, Idaho. The Blackeagle Center is home to coffee and sandwich shops, athletic centers, as well as various medical providers. There are two access points to I-84 and Flying Wye Connector which are less than 5 minutes from Blackeagle. Located in a one (1)-mile radius of Blackeagle employees can access Costco, Wal-Mart, Lowe’s, Albertsons, Fred Meyer, Walgreens, Starbucks, Boise Spectrum Theatre Complex, and the Boise Towne Square Mall. In addition to these, there are a large variety of banking, day care centers, restaurants, fitness centers, and library in the surrounding area.

Ram Court
1295 South Eagle Flight Way
Boise, Idaho 83709

Site Area: 4.123 acres
Zoning: C-3D
Year Built: 1998
Project Size: 34,750 square feet
Number of Floors: One
Parking: 160 asphalt-paved spaces; accessed through (2) curb cuts
Construction: Reinforced concrete tilt-up with 6-inch square steel columns on 30’ x 30’ grid
Roof: Single ply EPDM roofing system on 2 layers of 1 ½ polyiso board on
metal decking and bar joists framing system with vapor barrier
Floor Construction: 4” reinforced concrete slab over 4” compacted base
HVAC: Twenty –two 5-ton, and gas-fired rooftop units. 100,000 BTU; 2,000 CFM plus 7.5-ton tenant-specific units currently for IT room.
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
Life Safety: Wet pipe fire protection sprinkler system with alarm valves with Fire Department Connection
Miscellaneous: Ram Court is adjacent to the Blackeagle walking path. This site also provides extensive perimeter and site landscaping; distinctive wildlife sculptures at property entrances; consistent architecture throughout park.