8th Street Market Place
Downtown Boise, Idaho
|Project Description:||230,000 square foot, five building historic rehab project consisting of 130,000 square feet of office space and 100,000 square feet of retail space.|
|Challenge:||To re-position the existing buildings to take advantage of rising rents related to redevelopment occurring in the area.|
|Results:||Buildings were redeveloped and re-tenanted to capture higher rents when local redevelopment occurred, then the buildings were sold for profit exceeding investor projections.|
|Details:||Commencement Date: Oct. 2003.|
Completion Date: Oct. 2008.
Current Status: Sold.
|Total Value:||$15 million.|