Jul
21
Leases and Investment Sales of Fast Food and Quick Serve Restaurants Expanding Rapidly in Boise

Boise, Idaho—July 20, 2015—The Boise, Idaho office of Cushman & Wakefield | Commerce today announced the sale of multiple fast food and quick serve restaurant (QSR) net leased investments throughout Boise.

“We are seeing numerous long-term fast food and quick serve restaurant leases throughout Boise,” said Tim Reid, market leader of Cushman & Wakefield | Commerce. “The high volume of transactions demonstrates the trend of higher dollar, long-term lease deals in this market. As Boise continues to grow and attract new entrants into the area, leases and investments in this sector will continue to experience growth.”

The following are notable fast food and QSR leases and investment sales:

Flying Pie Pizzeria II LLC, leased 4,365 square feet (sf) of retail space located at 1326 South Broadway Avenue, in Boise.  Andrea Nilson and Mallisa Jackson of Cushman & Wakefield |Commerce represented the tenant, and Ben Zamzow of Thornton Oliver Keller represented the landlord in this transaction.

Furioso & Associates LLC, dba The Human Bean Boise leased 500 sf of retail space located at 10015 West State Street, in Garden City.  Andrea Nilson of Cushman & Wakefield |Commerce facilitated this transaction.

FJZ LLC, purchased the Popeye’s located at 5005 Cleveland Boulevard, in Caldwell as an investment.  LeAnn Hume, Andrea Nilson, Sara Shropshire, and Mallisa Jackson of Cushman & Wakefield|Commerce represented seller and Rick Head of Boise Premier Real Estate represented the buyer in this transaction.

Zuhair Hattar and Nanci Hattar Trustees of the Zuhair and Nanci Hattar 2012 Trust purchased the Freddy’s located at 5009 Cleveland Boulevard, in Caldwell as an investment.  LeAnn Hume, Andrea Nilson, Sara Shropshire, and Mallisa Jackson of Cushman & Wakefield|Commerce facilitated this transaction.

Café Zupas, leased 3,500 sf of retail space located in the Broadway 111 Shopping Center, at 111 Broadway Suite 129 in Boise.  LeAnn Hume, Andrea Nilson, Sara Shropshire, and Mallisa Jackson of Cushman & Wakefield|Commerce represented the tenant, and Steve Cannariato of Hawkins Companies represented landlord in this transaction.

Noodles and Company, leased 2,457 sf of retail space located in the Canyon Park Shopping Center, at 1900 Blue Lakes Boulevard in Twin Falls.  LeAnn Hume of Cushman & Wakefield|Commerce represented the tenant, and Chad Moore of Mountain West Retail represented landlord in this transaction.

Norcal Cajun Foods, II Inc, leased 3,049 sf of retail space located at 1612 South Broadway Avenue, in Boise.  LeAnn Hume, Andrea Nilson, Sara Shropshire, and Mallisa Jackson of Cushman & Wakefield|Commerce facilitated this transaction.

Café Zupas, L.C., leased 3,818 sf of retail space located at 600 North Milwaukee Street in Boise.  LeAnn Hume, Andrea Nilson, Sara Shropshire, and Mallisa Jackson of Cushman & Wakefield|Commerce facilitated this transaction.

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About Cushman & Wakefield | Commerce

Cushman & Wakefield | Commerce, headquartered in Salt Lake City, Utah is an independently owned and operated member of the Cushman & Wakefield Alliance with offices throughout Utah, Nevada, Washington and Idaho. The firm partners with its sister company Cushman & Wakefield | NorthMarq to provide innovative commercial real estate solutions to occupier and investor clients, offering transaction services, capital markets services, occupier and investor services, and real estate advisory. Together the firms manage more than 52 million sq. ft. of retail, industrial, and office assets, have annual revenues of more than $100 million, and employ more than 750 professionals. Learn more at www.comre.com; www.cushwakenm.com. C&W | Commerce and C&W | NorthMarq are part of the Cushman & Wakefield platform, which is the world’s largest privately-held commercial real estate services firm with 250 offices in 60 countries globally. www.cushmanwakefield.com.

About Cushman & Wakefield

Cushman & Wakefield advises and represents clients on all aspects of property occupancy and investment. Founded in 1917, it has 259 offices in 60 countries, employing more than 16,000 professionals. It offers a complete range of services to its occupier and investor clients for all property types, including leasing, sales and acquisitions, equity, debt and structured finance, corporate finance and investment banking, appraisal, consulting, corporate services, and property, facilities, project and risk management. To learn more, click HERE.

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