Recent News

Recent News

Large new industrial park planned for north Nampa, Idaho

Adler Co. plans a new industrial park in Nampa, near the site of existing development in the company’s portfolio. Photo: Adler Industrial ByAutum Robertson – BoiseDev reporter https://boisedev.com/news/2021/09/22/adler-nampa-industrial/ A large new industrial park could soon come to north Nampa. The Nampa Development Corporation, or NDC, will work with Adler Industrial, LLC to develop a 194-acre industrial park between Ustick Rd. and Cherry Ln. and by Midland Blvd. The news release sent out by NDC said Adler Industrial would complete sewer and roadway improvements, and utility extensions for water to ‘facilitate and encourage’ development for job opportunities. “We are excited to be working with the Nampa Development Corporation to develop a best-in-class Industrial Park that will attract businesses and jobs to Nampa,” President of Adler Industrial Mike Adler said. [With demand booming, another industrial project set for Nampa] NDC and the City of Nampa previously helped with rezones in North Nampa to
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Construction begins on final phase of AI Meridian Business Center

The AI Meridian Business Park. By: Idaho Business Review Staff September 14, 2021 https://idahobusinessreview.com/2021/09/14/construction-begins-on-final-phase-of-ai-meridian-business-center/ Adler Industrial LLC broke ground in late August for its final two industrial buildings in the AI Meridian Business Park. Described by the company as best-in-class industrial buildings, one of the buildings (at 45,000 square feet) is already leased to a tenant, and the second building is available for lease in its entirety — 67,500 square feet — or in a smaller division starting at 7,500 square feet. Both buildings are on North Truckee Way and take up a total of 8.5 acres of the 36-acre park. The buildings are anticipated to be completed summer of 2022. Inquiring for leasing is currently being accepted.  The new buildings are the final phase of the AI Meridian Business Center, close to the Interstate 84 interchange near Franklin and Eagle roads. The business park, when complete, will consist of eight buildings totaling 534,000 square feet.  Currently, 40% of the two new building are leased, Adler Industrial commented in
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Treasure Valley Industrial Real Estate Still on a Roll

Photo: A building at the Adler Industrial Northside Industrial Park under construction. Photo by Catie Clark By: Catie Clark Idaho Business Review – August 17, 2021 The juggernaut of industrial real estate in the Treasure Valley just won’t slow down. Not even a pandemic and a growing housing shortage seem to have any effect on slowing shrinking vacancy rates and growing absorption, as reported by the region’s leading commercial brokers. Industrial projects Low vacancy and positive absorption is good news, especially since industrial parks in the Treasure Valley keep popping up like mushrooms after a rainstorm. The last few months have seen the announcement of Bow River Capital’s 60-acre Fuller84 business park across the street from the Amazon’s fulfillment center in Nampa; plus the announcement of the giant 520-acre Pleasant Valley business park off the southern end of Orchard Street, developed by a partnership of Ball Ventures Ahlquist (BVA) of Meridian, Ball
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BOMA Idaho's Recap of the Governor's Address to the Business Community

BOMA Idaho’s Recap of the Governor’s Address to the Business Community By: Mandana “Mandy” Tarr – Senior Property Manager – Adler Industrial BOMA Newsletter – August 16, 2021 Governor Little began his address by emphasizing the importance of vaccination against COVID-19 as part of ensuring our children can get back to school and our businesses can get back to work. He spoke about a proposed tax cut as well as using some of our surpluses to fund education, workforce development, and transportation. However, he was cautious about initiating ongoing expenses given the uncertainty of the economy in light of the pandemic. He lauded Idaho as the least regulated state in the nation and emphasized that our business-friendly policies will encourage private investments and well-paying jobs will follow. He then took questions from those in attendance, which included concerns about inadequate mental health and addiction recovery resources, deeper investments in higher
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