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Commercial Real Estate Review for January

Total office vacancy decreased for the ninth consecutive month to 11.4% in December. Multitenant vacancy has steadily decreased to 18.0%.  Two tenants leased a combined 6,500 SF at the US Bank Building in Downtown Boise, where vacancy decreased to 7.4%. Vacancy in Southeast Boise decreased to 10.6%, its lowest point in over a year.
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