EASTERN IDAHO | MIDYEAR 2026 INDUSTRIAL MARKET REPORT
INDUSTRIAL VACANCY RATES
Industrial demand softened through the first half of 2026, with net absorption declining 50 percent year over year as the market continued to work through recently delivered inventory. New deliveries increased modestly to 144,000 square feet, with more than 65 percent entering the market as speculative space. The increase in inventory placed upward pressure on Idaho Falls’ multitenant vacancy, which rose to 7.3 percent at midyear from 6.7 percent a year earlier.