Hendricks Commercial Properties Expands Western Portfolio Leadership - New asset management and leasing appointments reinforce the company’s long-term investment in Boise and the Western Region

BELOIT, Wis. & BOISE, Idaho (August 4, 2026) — Hendricks Commercial Properties is pleased to announce the addition of Shannon Eldridge as Vice President of Asset Management and the promotion of Cade Kennedy to Leasing Manager, strengthening the company’s Western Region leadership team as it continues to grow its commercial real estate portfolio and presence throughout the West.

Based in Boise, Eldridge returns to Hendricks Commercial Properties after previously serving in senior leadership roles across development, asset management, and acquisitions and dispositions. With more than 25 years of commercial real estate experience, he has led portfolio strategy for nationally recognized organizations and brings extensive expertise in maximizing asset performance and creating value. As Vice President of Asset Management, Eldridge will lead the strategic oversight of the company’s Western Region portfolio, focusing on financial performance, operational excellence, leasing initiatives, redevelopment opportunities and capital investment strategies.

Kennedy, who most recently served as a Financial Analyst with Hendricks Commercial Properties, will now serve as Leasing Manager. Kennedy will lead leasing efforts across the company’s Boise portfolio, overseeing office and retail properties including The Hoff Building, Jefferson Place, The Owyhee, BoDo District, The Warehouse Food Hall and Hotel Renegade. Kennedy will focus on attracting and retaining quality tenants, cultivating broker and tenant relationships, and executing leasing strategies that support occupancy goals and long-term asset performance.

“We’re thrilled to welcome Shannon back to Hendricks Commercial Properties and excited to see Cade take on this expanded leadership role,” said Rob Gerbitz, President and CEO of Hendricks Commercial Properties. “Boise and the Western Region continue to be a significant part of our long-term growth strategy, and we’re committed to investing in the people and expertise needed to support that growth and continue delivering value for our tenants, partners and the communities we serve.”

Hendricks Commercial Properties has earned a strong reputation for creating distinctive, award-winning destinations through thoughtful redevelopment and exceptional design. The company received the BOMA Idaho and City of Boise Building Excellence Award and the ENR Mountain States Best Projects Award for its renovation and restoration of The Warehouse Food Hall. It also earned the BOMA Idaho Excellence in New Commercial Development Award and Boutique Design magazine's Gold Key Award for Excellence in Hospitality Design for its boutique Hotel Renegade.

To learn more about Hendricks Commercial Properties Western Region portfolio and leasing opportunities, visit www.hendricksgroup.com.

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