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The Sundance Company promotes Amber Grant to Business Concierge position

March 23, 2009 1 comment

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.

The Sundance Company keeps building in sluggish Boise office market

December 15, 2008 1 comment

Why did major developer The Sundance Company begin construction of the 124,000-square-foot Silverstone Corporate Plaza in a down economy now producing lower overall demand for lease and office-condo space?

Construction is under way at 3421 E. Overland Road, Meridian, Idaho. The site lies in Silverstone complex in the southeast quadrant of Overland and Eagle roads. Sundance Chief Operating Officer Travis Anderson said he expects the first tenant build-outs – for Home Federal Bank, a Silverstone concierge service and 8,500 square feet of meeting space – to conclude by September.
Staying “extremely low-leverage” means Sundance does not depend on bank financing for building construction or tenant improvements, he said. The developer that largely self-funds projects can take advantage of an economic slowdown when materials costs are lower and labor availability is higher, he added.
Silverstone Corporate Plaza’s exterior configuration – reflective glass and granite façade over a structural steel frame – costs more than some alternatives but enables crews to work more efficiently through winter, Anderson said. For example, workers avoid the long curing times associated with some other materials, he said.
“We’re also confident that any recession would be over by the time construction is complete,” Sundance Asset Manager Michael Reich said.
Sundance likes to keep about 100,000 square feet of new shell-and-core office space available for corporate users to evaluate, plus or minus 20,000, Anderson said. Power Engineers recently occupied more than three quarters of the space in the 70,000-square foot Diamond Point Building, on which construction began in Silverstone just less than a year ago. That deal at Diamond Point and Home Federal’s deal to occupy part of Silverstone Corporate Plaza (IBR, 11-24-08) prompted Sundance to start the Corporate Plaza, he said.
Sundance continues to receive inquiries from medical and large corporate entities, he said. Continued interest from corporate, large-space occupants continues partly because they see an increase in available workers, he said.
A developer who uses little or no financing can afford to “carry” a vacant building during economic slowdowns, Anderson said.
“We can be flexible and work with tenants,” he added. For example, a developer who is largely self-funded can accommodate a tenant’s request to move to a smaller space – which may not meet a lender’s requirements at a given time, he said.
Silverstone benefits from having El Dorado Business Campus next door, in the southwest quadrant of Overland and Eagle roads, Anderson said. Both parks benefit from a location-driven identity that boosts demand, he said.
Reich said big office parks often attract similar or cross-reliant businesses that benefit from being close to one another. The risk is that if a large-space occupant closes, downsizes or moves, a nearby business that caters to it may do the same, he said.
Some big, corporate spaces could be divided to suit smaller tenants, but the developer may have to offer rent discounts if the spaces aren’t ideal, he said.
Rectangular buildings with numerous entrances and ample storefront glass offer the most flexibility, Anderson said.

About The Sundance Company
It’s no surprise that 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.

The Sundance Company – Silverstone Corporate Plaza

December 9, 2008 Leave a comment

The Sundance Company has recently 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. The Corporate Plaza is slated for completion by mid –summer 2009.

“By developing this project as an office condominium, we hope to provide our clients with the flexibility to either own or lease high quality office space in a magnitude unprecedented in the Valley” said Travis Anderson, Chief Operating Officer,“We believe this was a key factor in the selection of the Silverstone Corporate Plaza by Home Federal Bancorp for its 20,000 square feet executive offices and commercial banking offices and full service retail branch with drive-through banking facilities, a space they will own”.

As the Corporate Plaza stands to become Sundance’s flagship property, it is anticipated The Sundance Company will relocate its corporate office to this state-of-the-art facility from its current location within the Blackeagle Business Center (Overland and Maple Grove)in Boise. The availability of on-site concierge services, shared use conference, board and training rooms and projected on-site executive suites will provide the flexibility and efficiency expected from today’s sophisticated consumer. According to the company President, Chris Anderson, “The service infrastructure that will be incorporated into this project will not only be a benefit to the tenants of the Silverstone Corporate Plaza, it will also allow Sundance to continue to exceed the service needs of our entire client base”.

Some of the high-quality interior finishes will include mosaic glass and tile, artisan wall coverings, and domed ceilings. In addition, the architect has selected a slab granite façade designed to accentuate the large scale of the building. There will be a generous parking ratio (which is standard in Sundance developments), in addition to covered executive parking, ample tenant improvement allowance, and owner financing available.

The Corporate Plaza’s convenient location in Meridian is adjacent to the I-84 interchange, and also amongst numerous restaurants, financial institutions, medical and dental offices, the Idaho Athletic Club and the Candlewood Suites Extended Stay Hotel.

About The Sundance Company
It’s no surprise that 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.