Colliers is proud to announce the completion of a 39± acre land transfer at the northeast hard corner of Franklin Road and Ten Mile Road in Meridian, Idaho. Congratulations to our Nampa Brokerage Team Bryant Jones, Mike Peña and Lincoln Hagood on bringing the Buyer and Seller together on this recently closed trophy listing.
Bryant Jones, Colliers Brokerage Specialist, represented the Seller, while Mike Peña, Colliers Brokerage Specialist and Partner, represented the Buyer.
The 39± acres in Meridian originally had a future land use of mixed-use commercial, but needed to be annexed and zoned into the City of Meridian. Expect to see a future mixed-use retail/office development along with a premium multifamily component.
“Colliers is very excited to have connected the Buyer and Seller to complete this transaction on a trophy Meridian land acquisition. This acquisition by the Buyer/Developer will bring much needed retail, office and multifamily to an area that has been in an underserved growing market.” - Jones, Peña
The site sits directly adjacent to Ten Mile Crossing, nearly 300 combined acres of mixed-use development, which includes office, residential, retail, medical and a large corporate business park. The 39± acres is also directly next to the new FedEx distribution facility and the new Amazon Next Mile facility slated to open in early 2022.
For further information please contact:
Amie MacKinnon | Director of Marketing & PR, Idaho
208 472 1662 | email@example.com
About Colliers International Group Inc.
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.