Orange County-based Wood Investment Cos. isbullish on the Twin Falls, Idaho, retail market. The investmentfirm recent closed on two retail assets in the market, Canyon ParkEast and Canyon Park West, which total 300,000 square feet. Bothassets are 100% leased and come with significant value-addopportunity through the ability to develop and lease pads on thesites.
"Twin Falls is a market that we had targeted for the last fiveyears," Patrick Wood, managing general partner atWood Investment Cos., tells GlobeSt.com. "It has a lot of similarand key attributes that all of our other projects have. Those keyattributes were the original reason we looked at the assets and abig reason we moved forward. My family has a 40-year relationshipwith Southern Idaho, and a familiarity to the assets and watchingthem get built over the years. We look forward to completing thebuild out and stabilizing the properties for futuregenerations."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.