Boise Commercial Real Estate For Lease – South Cole Annex

Conveniently located near the Cole/Overland I-84 Interchange in Boise, The Sundance Company is pleased to present the South Cole Annex building for lease. This manufacturing/warehouse facility features generous office space, open work spaces, two lunchrooms, and an ideal location in Treasure Valley. The Sundance Company is one of the few local companies in the Boise Valley 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.

South Cole Annex
2925 South Cole Road
Boise, Idaho

Site Area: 5.1 acres; 250 feet west frontage of South Cole Road
Additional Land: 5.56 acres
Zoning: M-1
Stories: One
Project Size: 54,000 square feet
Construction: Steel frame with ribbed metal siding exterior.
Age: Built in 1989 with a 24,000 SF expansion in 1995.
Roof: Flat, single ply roofing membrane over plywood sheathing.
Ceiling Clear Height: 18’ minimum, 24’ maximum warehouse; 8’ in offices.
Floor Construction: 6” concrete slab
Windows: Double-pane, thermo-glazing in offices.
Warehouse Doors: Dock-high and 12’x14’ overhead loading doors.
Insulation: 9” batt insulation in roof; 3½” batt insulation to exterior walls.
Offices: Commercial carpet & vinyl; acoustical ceiling, fluorescent lights, standard partitioning and finished restrooms.
Warehouse Lights: Suspended tube fluorescent and suspended bulb.
Heating/Cooling: Warehouse has suspended space heat. Office has package electric forced-air and central air conditioning.
Parking: 125 spaces, paved and marked
Site Improvements: Landscaping on South Cole Street.
Special: Full building fire sprinkler system; combination of dock-high loading and 10’x12’ drive-in doors.

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 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.

Blackeagle Plaza: Boise Commercial Real Estate for Lease from The Sundance Company

The Sundance Company, a commercial real estate leader with more than 1.5 million square feet of office and industrial space available in prime locations throughout the Boise Valley, is pleased to present the Blackeagle Plaza for lease.

Blackeagle Plaza is a Class A commercial real estate space located in the Blackeagle Center, which is a 45-acre, master-planned business park developed by The Sundance Company. The Blackeagle Center is home to coffee and sandwich shops, athletic centers, as well as various medical providers. There are six access points to the center off of Overland Road and Maple Grove Road. Blackeagle Center is located 1/3 mile from the Interstate, minutes from the Boise airport and downtown Boise, and within 2 miles of more than 3 million square feet of retail amenities for employee convenience including Costco, Wal-Mart, Lowe’s, Albertsons, Fred Meyer, Walgreens, Cabela’s, Starbucks, the Boise Spectrum Theatre Complex, and the Boise Towne Square Mall. In addition to these retail establishments, there are a large variety of banking, day care centers, restaurants, fitness centers, and a library in the surrounding area. Other highlights of Blackeagle Plaza include:

Building Size: 33,597 square feet
Site Area: 2.43 acres
Year Built: 2006
Number of Floors: Two
Parking: 5/1,000 usable 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; also 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

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.

Imaginative Leasing: Commercial Real Estate in the Boise Valley

A recent story in The Idaho Statesman discussed how tough economic times in the Treasure Valley are producing an intriguing by-product in the leasing of commercial buildings: free rent.

The Sundance Company was one of the first commercial real estate companies in the Boise Valley to realize how difficult the economy was on some of the local businesses and that is why they introduced their “Exchange of Business or Trade Services” for lease space program at the beginning of 2010.

The Sundance Company recognized the hard economic times, and also the importance of business relationships. So they worked with firms that had a need for retail, office, or industrial space in the Boise Valley, and with over 1.5 million square feet of space available for lease, The Sundance Company can meet most the needs of most businesses.

You can read the rest of the Statesman story here

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.

Looking For New Office Space? Don’t Make These Mistakes

Following payroll expenses, facilities and related expenses are generally the second highest expenditure for a company. While people are naturally the most important asset to a company, real estate decisions should not be far behind. Too often though, companies fail to see the significance of real estate in the same light.
The impact real estate has goes far beyond the bottom line because it plays an important part in everything from employee retention to the level of productivity and workplace morale. It’s for these reasons that companies should always be cognizant when making real estate decisions.

The top mistakes that companies make when leasing space are:
• Waiting Too Long to Start The Process. The longer a tenant waits to start the process, the fewer the number of options that will be available to them. Waiting too long can mean that a tenant will pay more, receive less favorable lease terms, or that they are forced to leave and take less than desirable space elsewhere.
• Leasing The Wrong Amount of Space. Figuring out how much space to lease is not an exact science. Forecasting involves assumptions, which can often lead to costly mistakes if incorrect. Uncertain events notwithstanding, companies should take the time and effort to work with a space planner or architect to plan and program to determine the right amount of space to lease. With that information in hand, companies should then go one step further and think about the impact certain business scenarios would have on that number, the likelihood of those events happening, and adjusting the number so as to minimize the likelihood of taking down too much or too little space.
• Picking the Wrong Location. What may seem like the right location might in fact not be. Companies should consider things such as access, public transportation, demographics, zoning laws, and other factors to help identify the right location for their business.
• Not Thinking About The Future. Aligning a real estate plan with a corporate business plan is difficult to do when milestone events and setbacks do not always go according to plan. To help deal with the “unknown”, negotiating leases which provide both expansion and contraction rights to the extent possible is therefore instrumental. Companies need to go beyond the simple lease and think about sublease rights, expansion rights, rights to cancel, and options to extend.
• Not Measuring The Space. Companies should strongly consider verifying the landlord’s square footage numbers. In larger transactions, even a small difference can translate into a large savings. If it is not possible to measure the space, tenants should at least try to negotiate a tolerance in the measurement. Generally though, and per BOMA standards, a variance of up to 2% is acceptable.
• Signing Too Long or Too Short of a Lease. Companies often think that by signing a short lease they are buying themselves flexibility. That may be true in many cases, but that flexibility often comes at a price. On the flip side, tenant’s may feel a long term lease provides maximum stability, but there are far too many cases – particularly in Silicon Valley where swings in rent can be large – where long term leases signed at the height of the market have gone so far as to force companies into bankruptcy or caused severe harm to the company. It’s therefore imperative that companies take a long-term approach to real estate, while keeping short term trends and business activities in focus.
• Not Verifying Building Systems and Infrastructure. In today’s environment, data, power, networking, and HVAC capacity and availability are crucial. Tenants should ensure that buildings they intend on occupying are capable of providing the network connectivity and other building systems necessary for a tenant’s operation before signing any lease.
• Not Having Your Insurance Carrier Review the Lease Language. Tenants should always have their insurance carrier review the language within a lease that pertains to insurance and subrogation to verify that the insurance is not only attainable, but attainable at a reasonable cost. It is strongly recommended that the actual lease or lease language be sent to your insurance carrier for review before any lease is signed.
• Not Retaining Legal Counsel. By using an attorney well versed in the documenting of a real estate transaction, companies can help avoid ambiguity and errors which could lead to expensive litigation or legal wrangling down the road.

If you are looking for commercial real estate space and do not want to make one of the preceding mistakes 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 office and industrial space available in prime locations throughout the Treasure Valley including Boise, Meridian, and Nampa so contact us today to see how we can help you find the right office or retail space for your company. More information is available at www.sundanceco.com or 208.322.7300.

Boise Commercial Real Estate for Lease – Quail Court

Located in the beautifully landscaped Blackeagle Center, a 45-acre business park in Boise developed by The Sundance Company, Quail Court is an attractive two-story 46,000 square foot building with a wonderful common foyer area. First floor tenants have individual exterior entrances as well and there is extensive space for signage on exterior of the building.  Quail Court enjoys a convenient Southwest Boise location with easy access making it ideal for a company looking for new office space in Boise.

Quail Court
1500 South Eagle Flight Way
Boise, ID 83709

Site Area: 3.31 acres
Zoning: C-3D
Year Built: 1999
Project Size: 46,176 square feet, each
Number of Floors: Two
Parking: 6.7/1,000
Construction: Tilt-up, pre-cast concrete panels with 6” steel columns on a 35’x42’ and 35’x28’ grid
Exterior: Reinforced concrete tilt-up panels
Roof: Single-ply EPDM membrane roofing system
Floor Construction: Ground floor – 4” reinforced concrete slab; Second floor –3 ½ ”–5” of concrete over corrugated steel pan
HVAC: 5-ton gas-fired 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 finished height
Elevator: Dover, 2,000 lb.; Capacity, 100 feet/minute
Restrooms: First floor – common restrooms; Second floor – common restrooms in central core area
Life Safety: Wet pipe fire protection system with alarm valves with Fire Department Connection
Miscellaneous: Extensive perimeter and site landscaping; distinctive wildlife sculptures at property entrances; consistent architecture throughout 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 available at www.sundanceco.com or 208.322.7300.

Boise Commercial Real Estate for Lease – Pheasant Place

Located in the beautifully landscaped Blackeagle Center, a 45-acre business park in Boise developed by The Sundance Company, Pheasant Place is shell and core complete; divisible to 1,500 square feet. Generous TI allowance; finish spaces to tenant specifications. Pheasant Place is conveniently located at the corner of Maple Grove and Overland Roads in Boise.

Pheasant Place
9169 W. Blackeagle Drive
Boise, Idaho 83709

Site Area: 1.07 acres
Zoning: C-3D
Year Built: 2003
Project Size: 12,369 square feet
Number of Floors: One
Parking: 5.0 /1,000
Construction: Steel Frame
Roof: Single ply EPDM roofing system on 3/8” gyp board over 3/4” plywood sheathing over Trus-Joist framing system
Floor Construction: 4” reinforced concrete slab
HVAC: 5-ton gas-fired 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’ finished height
Restrooms: Undetermined; waiting build outs
Life Safety: Wet pipe fire protection system with alarm valves with Fire Department Connection
Miscellaneous: Extensive perimeter and site landscaping; distinctive wildlife sculptures at property entrances; consistent architecture throughout 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 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.