Explorer Campus

Investment Overview

Explorer Campus presents a rare opportunity to acquire a 100% leased office/flex investment in the Boise Research Center, one of Boise’s established business districts. The 44,688 SF campus is occupied by a diverse mix of engineering, technology, and professional service firms, providing stable in-place cash flow and exceptional tenant retention, with several occupants in place since 2006. Originally developed as a research and office campus, the property offers functional and flexible floor plans across three buildings situated on 4.08 acres. Notably, Carollo Engineers is making a significant capital investment through the expansion of its water testing laboratory, further reinforcing its long-term commitment to the campus. Conveniently located adjacent to the Treasure Valley Family YMCA and surrounded by retail and dining amenities, Explorer Campus offers investors a compelling combination of stability, location, and long-term growth potential.

Investment Highlights

• The property is 100% leased, providing immediate and stable in-place cash flow
• Several tenants have occupied the campus since 2006, demonstrating exceptional long-term stability
• Carollo is undergoing a major expansion of their water testing laboratory, investing significant capital into the building solidifying their long-term commitment to the campus
• A diverse mix of engineering, technology, and professional service firms provides a stable tenant base
• Originally developed as a research and office campus with functional, flexible floor plans
• The property is conveniently located adjacent to the Treasure Valley Family YMCA and nearby retail and dining amenities