MINTWOOD CAMPUS IN MERIDIAN, IDAHO SOLD FOR $5.9 MILLION
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Meridian, Idaho (May 16, 2022) – Coldwell Banker Commercial is pleased to have represented the seller in the sale of Mintwood Campus, a two-building office complex located at 1651 and 1657 S. Woodsage Ave. in Meridian, Idaho. The property sold for $5.9 million.
Jonathan Langston and Rick McGraw, commercial real estate professionals with Coldwell Banker Commercial Tomlinson, represented the seller in the transaction.
Mintwood Campus is an office complex comprised of two properties, 1651 S. Woodsage Ave. and 1657 S. Woodsage Ave. comprised of 6,303 and 13,040 square feet, respectively. The campus was completed in 2022 and Coldwell Banker Commercial Tomlinson quickly leased the property to full occupancy.
“The Boise Valley is gaining traction as a top host for regional and national businesses, and with the area’s population surpassing 750,000, the office sector looks to maintain a high level of activity,” said Langston.
“The demand for qualify office space is not uniform across the country. The uncertain conditions in large metro office markets are not reflected in secondary markets. The area office vacancy rate is currently 4.63%,” said McGraw.
About Coldwell Banker Commercial Affiliates
Coldwell Banker Commercial Tomlinson, the local affiliate of Coldwell Banker Commercial®, provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition and disposition of all property types. With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit www.cbcworldwide.com.
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