Industrial Tenant Origin

February 5, 2026

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Recent Commercial Real Estate Transactions

Recent Commercial Real Estate Transactions

Office Construction Trends

Office Construction Trends

Office Vacancy Trends

Office Vacancy Trends

Office Lease Rate Trends

Office Lease Rate Trends

Office Absorption Trends

Office Absorption Trends

Unlocking Potential TOK Commercial’s 2025 Annual Report

Unlocking Potential TOK Commercial’s 2025 Annual Report

BOISE MSA | Q1 2026

INDUSTRIAL TENANT ORIGIN

Leasing demand continued to be driven primarily by organic growth. Approximately 60 percent of transactions involved tenants opening additional locations, expanding existing operations, or securing space for new business ventures. As for the largest transactions of 2025, new construction dominated with the top five deals all occurring in newly delivered space. Notable deals include DHL’s 340,800-square-foot lease at Nampa Interchange Park and Amalgamated Sugar’s 260,000-square-foot occupancy at 16810 Northside Boulevard.

NEARLY 1.5 MILLION SF was absorbed by TENANTS EXPANDING OR OPENING ADDITIONAL LOCATIONS in 2025.

23% of NEW-TO-MARKET deals were for spaces OVER 20,000 SF.