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September 21, 2016

Idaho to auction commercial properties worth about $20M

  • The sites became a political liability amid complaints that state-owned commercial property unfairly competes with private businesses.
    • By KEITH RIDLER
    Associated Press

    BOISE, Idaho — The Idaho Land Board voted Tuesday to put 9 state-owned commercial properties worth about $20 million up for auction, likely in early December.

    The unanimous vote by the five-member board is part of the board's new strategic reinvestment plan to use money from commercial real estate and residential cottage site sales to buy timberland and agricultural land.


     
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