Cushman & Wakefield | Commerce Lists Pointe-Post Falls Retail Development as the Retail Hub for the Idaho Panhandle
BOISE, ID–(Marketwire – Jul 1, 2013) – The Pointe-Post Falls Retail Development, which is listed by the Idaho office of Cushman & Wakefield | Commerce, is shaping up to be the main retail hub for the Idaho Panhandle. The 176-acre development is located near the Washington/Idaho state line at Interstate 90 & North Beck Road in Post Falls, Idaho.
“The Pointe-Post Falls project is anchored by Walmart and Cabela’s with opportunities for a movie complex, hotels, sit-down and fast food restaurants, a corporate campus, specialty retailers and more,” said Andrea Nilson, Director and Retail Specialist for Cushman & Wakefield | Commerce. “This is a strategic regional location because consumers will be drawn to this retail hub from not only Post Falls, but nearby cities including Coeur d’Alene, Hayden, Spokane and Spokane Valley, Wash.”
The project has received strong support from the city of Post Falls, Idaho.
“Northern Idaho offers a highly sought after quality of life, and with the 5th lowest cost of doing business in the U.S., it’s also highly sought after by businesses,” said Hilary Anderson, Planning and Economic Development Manager for the City of Post Falls. “This development shows exciting potential to bring in new companies and jobs to the city and provide enhanced shopping and entertainment opportunities for our region.”
The project was recently purchased by Wadsworth Development Group of Salt Lake City.
“The vision for this project is to have a center that provides a one-stop shopping, dining and entertainment experience,” said Nate Ballard, General Manager of Wadsworth Development Group. “This exciting development will bring added investments, jobs and other outstanding growth opportunities to the area. Since we began our investment in the project, we have seen nothing but stellar leadership from the city of Post Falls and we are confident their support will help foster further development and business activity that will benefit the residents and visitors to the region for years to come.”
Access to the site has been greatly improved recently due to the opening of the New I90 off-ramp at North Beck Road. This new off-ramp allows quick and easy access from the surrounding areas, and high visibility for signage from Interstate traffic traveling both East and West.
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About Cushman & Wakefield | Commerce
Cushman & Wakefield | Commerce, an independently owned and operated member of the Cushman & Wakefield Alliance, has been the leading provider of real estate brokerage services for more than 30 years. Headquartered in Salt Lake City, the firm has offices throughout Utah, Nevada, Idaho and Washington. It offers consulting, brokerage, tenant and landlord representation, property and facilities management, and valuation services to corporations, institutions and investors throughout the Intermountain West and Pacific Northwest. For more information, and for property listings, broker information, market category reports and more visit www.comre.com.
About Cushman & Wakefield
Cushman & Wakefield is the world’s largest privately‐held commercial real estate services firm. The company advises and represents clients on all aspects of property occupancy and investment, and has established a preeminent position in the world’s major markets, as evidenced by its frequent involvement in many of the most significant property leases, sales and assignments. Founded in 1917, it has 253 offices in 60 countries and nearly 15,000 employees. It offers a complete range of services for all property types, including leasing, sales and acquisitions, equity, debt and structured finance, corporate finance and investment banking, corporate services, property management, facilities management, project management, consulting and appraisal. The firm has more than $3.7 billion in assets under management globally. A recognized leader in local and global real estate research, the firm publishes its market information and studies online at www.cushmanwakefield.com/knowledge.