CBRE is pleased to present the opportunity to acquire Red River Commerce Center Bldg B & C (“The Property”), two Class A rear-loaded logistics buildings totaling 220,592 SF in Boise, ID.
Red River Commerce Center is 100% leased to blue chip tenants Micron Technologies, DB Schenker, and Platt Electric with 6.4 years of WALT remaining. The mission critical property is located less than a mile from I-84, is proximate to the Boise Airport, and is 2.1 miles from the $15Bn Micron fabrication plant expansion, where all three tenants are supporting contractors.
The property is situated on 18.2 Acres and features best-in-class finishes including 32’ clear heights, ESFR sprinklers, LED lighting, and ample trailer parking. The nearby Meta Data Center construction and the ongoing Micron expansion will continue to drive demand in the Airport submarket over the next several years; Micron plans to invest an additional $50Bn in domestic leading edge memory manufacturing through 2030.