Bouyancy in BOISE

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					  spotlight / Regional Outlook




Buoyancy	
in BOISE                      
				
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Description: Idaho's unlimited recreation, low cost of living, highly educated workforce and untouched consumer market are drawing people and businesses to the area, particularly the state capital. Boise is an interesting town, said Mike Attiani, CPM, director of asset services for Colliers International, in Boise. That isolation, and the ability to penetrate an untapped market, might be influencing businesses and retailers to establish a presence in the area and fill commercial real estate vacancies -- albeit at a much slower pace since the recession hit, said Heidi Mickelson, managing director for Sperry Van Ness, with offices in Boise and Sun Valley, Idaho. South Meridian and Downtown also saw substantial decreases in vacancy early in the year as a result of multiple leases over 5,000 square feet being signed in January. Further, enough demand exists for the development of a new high-rise office building in downtown, experts said.
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