Nampa, Idaho. (March 17, 2020) – IBC Industrial, LLC, a full-service real estate investment and development firm, announced today the execution of a 37,500 square foot lease with Admiral Beverage Corporation, a Boise based Pepsi bottler. The space is located in a newly constructed 67,500 square foot industrial building on Norco Way in the Nampa submarket. Additional buildings in the park are in the planning stages of construction and are an expansion of IBC Industrial’s 2.5 million square foot Treasure Valley industrial building portfolio.
“We are excited about the execution of this lease as well as the robust leasing demand for space in our industrial portfolio,” said Michael IBC, President of IBC Industrial. “Our ability to be creative and attentive to prospective tenants’ needs has consistently resulted in maintaining high occupancy in our existing buildings as well as providing build to suit solutions for tenants with specific requirements.”
Brad Miller, Managing Director of IBC Industrial negotiated the lease directly with tenant. IBC Industrial also collaborates with the Treasure Valley brokerage community to provide solutions for their client’s requirements. IBC also happily works with the Treasure Valley brokerage community on their clients’ requirements.
About IBC Industrial, Inc.
IBC Industrial, Inc. is a real estate management and development company based in Boise, Idaho. IBC Industrial owns and operates eighty properties in the Boise market consisting of 2.5 million square feet of existing buildings and 400+ acres of land for future development. With a focus on Class “A” industrial properties, the company provides a wide range of solutions to meet the tenant requirements in the market.
IBC Industrial is a sister company of IBC Realty Investments, a firm established in 1996, with over $1 billion in properties acquired or in development since inception. IBC’s real estate portfolio currently consists of over 4 million square feet of existing industrial, office, retail, and multi-family residential properties and an additional 3 million square feet of projects in planning or development throughout the western United States.
