Boise Gateway. Industrial Park OFFERED FOR LEASE BTS. tokcommercial.com
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1 OFFERED FOR LEASE BTS Eisenman road & freight street boise Boise Gateway Industrial Park Devin Pierce, SIOR Dan Minnaert, SIOR, CCIM Chris Baird A New Development By: CONCEPTUAL PHOTO
2 Industrial Park Updated: [2]
3 Industrial Park HIGHLIGHTS New industrial park planned at the intersection of Eisenman Road and Freight Street available for lease or build to suit. Flexible parcel sizing available to maximize efficiency and economics. All utilities ready to service parcels. Ideal location provides easy access via two Interstate-84 interchanges. State of the art building designs to maximize bay depths, clear heights and natural lighting. OFFERING SUMMARY Industrial Park is a new industrial development project by The Boyer Company, a premier real estate development company in the Western United States. The approximately 159 acre site will offer tenants a prime location in one of the fastest growing cities in the nation. Boise Valley Industrial Park is perfectly situated between two freeway exits, eight minutes to the Boise Airport, and fourteen minutes to Downtown Boise. The Park is shovel-ready with all utilities to site creating build-tosuit opportunities immediately available, with the first spec building to be completed in the summer of Outdoor storage and yard space permitted and available. 50K 1 million SF build-to-suit available. Potential to accommodate future tenant growth. Approximately 8 minute drive-time to Boise Airport and 14 minutes to Downtown Boise. PROPERTY INFORMATION: Submarket Bldg Type: Total Land: Clear Height: Grade Level: Doc High: Airport Industrial Acres Yes Yes Zoning: Utilities: Construction: Power: Available: M-2 To Site Concrete Tilt 12.5kV 10Mw BTS - Immediately Spec - Summer 2019 available space: SPACE: RSF: RATE: Spec Bldg 1 25,000 SF - 100,000 SF Contact Agent Build-to-Suit 50,000 SF - 1,000,000 SF Contact Agent Updated: [3]
4 Industrial Park Conceptual Layout [4]
5 UTILITIES NEW INDUSTRIAL SITE FOR LEASE OR BTS Industrial Park ADDITIONAL INFORMATION ON UTILITIES <CLICK HERE [5]
6 Industrial Park SITE [6]
7 LAKE HAZEL EXTENSION NEW INDUSTRIAL SITE FOR LEASE OR BTS Industrial Park SITE 1 Access was granted by ITD during the design and construction of the Isaac s Canyon Interchange. [7]
8 Industrial Park IDAHO BUSINESS INCENTIVES commerce.idaho.gov commerce.idaho.gov IDAHO INCENTIVES AT A GLANCE IDAHO INCENTIVES AT A GLANCE FINANCIAL INCENTIVES & TAX CREDITS IT S NO WONDER IDAHO IS SUCH AN ATTRACTIVE PLACE TO DO BUSINESS. IDAHO OFFERS LOW OPERATING COSTS, PREDICTABLE TAX STRUCTURE, AND A FISCALLY-RESPONSIBLE GOVERNMENT. Businesses may be eligible for the following enhanced incentives: Idaho Business Advantage Businesses that invest at least $500,000 in new facilities and create at least 10 new jobs paying $40,000 annually plus benefits, with additional jobs paying an average of $15.50 per hour during project period, may qualify for the following: An enhanced investment tax credit of 3.75% up to $750,000 or 62.5% of corporate income tax liability in any one year. A new jobs tax credit from $1,500-$3,000 for new jobs paying $24.04 per hour or more. A 2.5% real property improvement corporate income tax credit up to $125,000 in any one year along with a 25% rebate on sales tax paid on construction materials for the new facilities. Upon request of the business, the local county commissioners may also authorize a partial or full property tax exemption for up to 5 years. Tax Reimbursement Incentive(TRI) If your business is adding or bringing high-paying jobs to Idaho, you may be eligible for the Idaho Tax Reimbursement Incentive. This post-performance incentive awards a maximum credit of 30% on income, payroll withholdings, and sales taxes for up to 15 years. ALL BUSINESSES ARE ELIGIBLE FOR: 3% investment tax credit on all new tangible personal property (machinery and equipment) with a carryover of 14 years OR a two year exemption from all taxes on personal property on the qualified investment (can offset up to 50% of income tax liability) Personal property tax exemption on the first $100,000 of personal property, such as equipment and furnishings 5% tax credit on qualified research expenses Energy Conservation rebates through efficient energy use up to $100,000 per year per site RUNNING AT THE SPEED OF BUSINESS. Capital Investment Property Tax Exemption Businesses that invest at least $3 million in new manufacturing facilities may receive a partial or full property tax exemption for up to 5 years from local county commissioners. Idaho Opportunity Fund The Idaho Opportunity Fund serves as a deal closing fund to strengthen Idaho s competitive ability to support expansion of existing Idaho businesses and recruit new companies to the state, ultimately creating new jobs and economic growth in Idaho. Funds can be used for public infrastructure improvements to a new or existing facility. This fund is awarded at the discretion of the Director of Idaho Commerce. Infrastructure Grants Community Development Block Grants Local cities with a population of 50,000 or less may receive up to $500,000 in grants to help finance public infrastructure improvements that support business development. Rural Community Block Grants Local cities with a population of 25,000 or less may receive up to 100% Sales Tax Exemption $350,000 in grants to help finance public infrastructure improvements that support business Production Sales Tax Exemption - Tax development. exemption on equipment and raw materials used directly in manufacturing, processing, mining, Gem Grants Local cities with a population of fabrication or logging operations; for clean rooms and 10,000 or less may receive up to $50,000 in grants to semiconductor equipment manufacturing; and for help finance public infrastructure improvements equipment or material used in research activities. that support business development. Communities Processing materials, substances, or commodities for must provide a minimum of 20% matching funds of use as fuel for the production of energy are also either cash or in-kind donation. exempt. Utility and Industrial Fuels Sales Tax Exemption Tax exemption on utilities and industrial fuels such as power, water, natural gas and telephone. STEP Grant-Export Assistance The State Trade and Export Promotion Grant Program (STEP) supports Idaho businesses looking to expand into international markets through exports. Funding can help companies participate in a Governor led trade or other foreign trade/sales mission and international trade shows. New Markets Tax Credit New Markets Tax Credits (NMTC) are designed to spur economic development in economically disadvantage communities by offering tax credits to individuals or corporations that invest and work in these communities. For more information visit ADDITIONAL INFORMATION ON INCENTIVES <CLICK HERE Customized Recruiting & Workforce Training Services Idaho Department of Labor offers employers recruitment services that include online jobs posting, applicant screening, hiring fairs, online skills testing of applicants and temporary office space. Additionally, they offer the Workforce Development Training Fund (WDTF) which can reimburse businesses for employee training costs. The Department of Labor has 25 offices located across the state to assist new and existing businesses. COST OF LIVING INDEX 2015 SOURCE: MERIC [8]
9 Industrial Park BOYER COMPANY: The Boyer Company, founded and headquartered in Salt Lake City, is one of the largest full-service real estate development firms in the Western United States. During the past 46 years, The Boyer Company has developed more than 35 million square feet of commercial and government projects in Utah and across the country. The firm currently owns and manages a portfolio that exceeds 15 million square feet of commercial space. In the past 10 years alone, The Boyer Company has added more than 90 projects to its ownership portfolio and has secured and retired over $2 billion of construction and permanent financing. Currently the company has over $500 million of projects in various stages of development. Hershey Ogden 540,000 SF BOYER INDUSTRIAL PROPERTIES During the past 46 years, The Boyer Company has delivered in excess of 4.5 Million square feet of new warehouse, logistics, food processing and light manufacturing space in the Intermountain West. This experience has allowed The Boyer Company to a deep understanding of the evolving design and space utilization trends in the industrial market, and the construction delivery techniques that results in minimized delivery times, reduced costs and guaranteed delivery of high quality, best value buildings to the tenant. Through actual project experience with valued customers such as Home Depot, Readerlink, Rossignol Ski Company, Scott USA, Pacific Steel, and ARUP Laboratories, The Boyer Company maintains the capacity, knowledge and capability to deliver large, complex industrial facilities for Fortune 500 and local companies alike. Arup Whse Salt Lake City 100,000 SF [9]
10 Industrial Park Business Depot Ogden 4,000,000 SF The Boyer Company s large scale industrial development experience is highlighted as the master developer of the Business Depot Ogden (BDO) Industrial Park in Ogden, Utah, creating a works and jobs hub that is Northern Utah s premier business and industrial park. Sitting on a sprawling 1,118 acres, this master planned development will offer over 1,600,000 square feet of new construction space once completed. To date The Boyer Company has completed 22 buildings totaling 4,000,000 square feet in the park, with an additional 1,100,000 square feet either under construction or in the design and entitlement phase. As the result of innovative partnership between the City of Ogden, Utah, and The Boyer Company, BDO has undergone a $65 million infrastructure transformation that includes upgrades to roads, telecommunications, parking, water, sewer, electrical grid. BDO now is home to over 115 businesses with 4,500+ employees on site. [10]
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