Key Takeaways
- • Bow River Capital, a Denver-based private alternative asset manager, sold Fuller84 Business Park, a 439,600-square-foot, three-building Class A industrial portfolio in Nampa, Idaho, closing on June 30, 2026.
- • The sale was a disposition from Bow River's Real Estate Fund II, which the firm described as a successful exit for its limited partners.
- • The asset was 94.2% leased to institutional-quality tenants at the time of sale, according to the firm's announcement.
- • Bow River attributes the Nampa thesis to demand from Micron Technology's $50 billion semiconductor expansion in the Boise metropolitan area.
Summary
Bow River Capital, a private alternative asset firm based in Denver, Colorado, announced through PR Newswire that its Real Estate strategy sold Fuller84 Business Park, a 439,600-square-foot, three-building Class A industrial portfolio located in Nampa, Idaho, within the Boise metropolitan area. The transaction closed on June 30, 2026, and was described by the firm as a successful disposition from its Real Estate Fund II.
The portfolio comprises three rear-load, newly constructed Class A industrial buildings. At the time of sale, the property was 94.2% leased to a roster of institutional-quality tenants. The buildings feature 32-foot clear heights, ESFR sprinkler systems, oversized truck courts, and 2,500A power service. The asset sits a half mile from Interstate 84 and one mile from the new SH-16 highway extension.
Drew Lacey, Director of Bow River's Real Estate platform, said the disposition reflects the firm's discipline in identifying high-conviction industrial opportunities in supply-constrained, high-growth markets. Lacey said the firm was an early believer in the Boise and Nampa story, citing Micron Technology's $50 billion semiconductor expansion as a driver of job growth, supplier co-location, and industrial demand. According to the announcement, the Nampa submarket has benefited from outsized industrial demand tied largely to Micron's expansion, which is expected to create thousands of jobs and support industrial absorption for years.
Bow River describes itself as a private alternative asset manager focused on the lower and middle market across private credit, private equity, real estate, and venture capital. The release was issued by the firm and has not been independently verified; the sale price and buyer were not disclosed in the announcement.
The portfolio comprises three rear-load, newly constructed Class A industrial buildings. At the time of sale, the property was 94.2% leased to a roster of institutional-quality tenants. The buildings feature 32-foot clear heights, ESFR sprinkler systems, oversized truck courts, and 2,500A power service. The asset sits a half mile from Interstate 84 and one mile from the new SH-16 highway extension.
Drew Lacey, Director of Bow River's Real Estate platform, said the disposition reflects the firm's discipline in identifying high-conviction industrial opportunities in supply-constrained, high-growth markets. Lacey said the firm was an early believer in the Boise and Nampa story, citing Micron Technology's $50 billion semiconductor expansion as a driver of job growth, supplier co-location, and industrial demand. According to the announcement, the Nampa submarket has benefited from outsized industrial demand tied largely to Micron's expansion, which is expected to create thousands of jobs and support industrial absorption for years.
Bow River describes itself as a private alternative asset manager focused on the lower and middle market across private credit, private equity, real estate, and venture capital. The release was issued by the firm and has not been independently verified; the sale price and buyer were not disclosed in the announcement.
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