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Idaho offers $1 million price drop on office building sale

The Idaho Land Board voted 4-1 on Tuesday to sell the properties as part of a plan to get rid of politically contentious commercial real estate and use the money to buy timberland and agricultural land the state uses to generate revenue to fund schools.

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On the other hand, Denney said, if Battelle didn't sign another lease the state could be stuck with an unleased office buildingDenney said the building has special security features that could make it unattractive to other potential companiesHe said the security features had to do with federal requirements, but he didn't know what type of work Battelle does at the building. Otter after the meeting said he didn't have a problem selling the building at the December auction. The auction also includes three parking lots in Boise, an office building in Boise that at least one state agency is interested in, another commercial building in Idaho Falls, and four commercial buildings in Meridian. None of the buildings can be sold for less than their appraised value. The Land Board has been selling commercial real estate following complaints that state-owned businesses unfairly compete with private businesses. Print Article Share Now Subscribe Read More State News Winning numbers drawn in 'Pick 3 Day' game AP December 04, 2017 at 2:28 pm | BOISE, Idaho (AP) _ The winning numbers in Monday afternoon's drawing of the Idaho Lottery's "Pick 3 Day" game were: 7-4-7 (seven, four, seven) ... Comments Read More ID Lottery AP December 04, 2017 at 2:28 pm | BOISE, Idaho (AP) _ These Idaho lotteries were drawn Monday: Mega Millions Estimated jackpot: $160 million Pick 3 Day 7-4-7 (seven, four, seven) Powerball Estimated ... Comments Read More 3 Idaho candidates for governor share similar wildlife views AP December 04, 2017 at 2:27 pm | BOISE, Idaho (AP) ? Three top candidates trying to be elected Idaho's governor in 2018 have widely different backgrounds but share similar views on managing the state's wildlife conservation and acce... Comments Read More Southwestern Idaho has housing shortage for H-2A workers AP December 04, 2017 at 12:08 pm | CALDWELL, Idaho (AP) ? Some housing authorities in southwestern Idaho are struggling to keep up with a rising demand for affordable housing that is the result of a large increase in farm businesses s... Comments Read More Contact Us (208) 664-8176215 NSecond StCoeur d'Alene, Idaho 83814

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