Boise-based Rocky Mountain Companies bought the vacated Syngenta Seeds plant along Interstate 84 in Nampa in July 2013. Though Rocky Mountain had signed on a couple of small tenants, some 100,000 square feet had sat empty since Syngenta departed in 2008.

The park remained nearly unused for seven years. Then September and October came along. Mother Earth Brewing signed on for 40,710 square feet with plans to move its primary beer brewing functions from San Diego to Nampa. Off-Spec Solutions leased 2.9 acres of yard space and 3,050 square feet of office space for its trucking operation.

US Foods leased 1 acre of yard space, also for trucking purposes, and Legends Lumber Co. least 2 acres of yard space and 8,640 square feet of building space. Rocky Mountain had first brought on Harris Moran in April 2014 for 16,080 square feet and Teffco for 15,126 square feet in June 2015.

All of a sudden, the renamed, 146,932-square-foot I-84 Industrial Park was 92 percent occupied with just one “vacancy” on its 34.75 acres, a 40,000-square foot building leased through March 2016 by Materne USA for short-term storage for its nearby GoGo squeeZ squeezable applesauce manufacturing plant.

“It’s a developer’s home run,” said Mike Fery, Rocky Mountain’s chief executive. “We did 115,000 square feet in September,” said Chris Penland, Rocky Mountain’s president. “It was a good month.”

Rocky Mountain had acquired a curious industrial site, one built for a single user. The property, now called I-84 Industrial Park, is the only one property broker Chris Pearson knows of in the Treasure Valley

See Full Article