Lease Rates Down, Tenant Incentives Up!

The office leasing market is in a state of confusion, causing some property owners to implement aggressive lease rates and incentive packages. Incentives, consisting primarily of reduced or free rent, are a given in this market. Anything is on the table, including increased tenant improvement allowances, turn-key build-outs and existing lease buy-outs. Expect to get [...]

Posted Under: Boise Market Info
This post was written by Karen Warner on April 14, 2009 Comments (0)

Office Rental Rates Softening in Boise

The article below by Brad Carlson of the Idaho Business Review tells the story of where office and retail rates are headed in Boise. Expect to see more landlord concessions.
Office, retail users target softer rents
Downtown Boise office and retail businesses are taking advantage of lower rents, Colliers International commercial real estate brokers Karen Warner and [...]

Posted Under: Boise Market Info
This post was written by Karen Warner on April 7, 2009 Comments (0)