Multifamily Land Permits & Values
BOISE MSA | Q2 2026 MULTIFAMILY PERMITS & VALUES A decline in both unit counts and valuation suggests developers are increasingly pursuing smaller-scale projects as elevated construction costs, higher interest rates, and tighter financing conditions continue to impact project feasibility. Caldwell emerged as the region’s most active multifamily market, recording the highest number of permitted […]
Single Family Land Permits & Values
BOISE MSA | Q2 2026 SINGLE FAMILY PERMITS & VALUES Residential development activity moderated through April 2026 but remained relatively stable despite ongoing affordability challenges. Single-family permit volume decreased 5 percent compared to April 2025, while total permit value declined just 2 percent year over year, indicating builders continue to invest in new residential development. […]
Commercial Land Consideration
BOISE MSA | Q2 2026 COMMERCIAL LAND CONSIDERATION Land transaction activity remained strong, with total land consideration increasing 83 percent compared to the same period last year. The increase was supported by six transactions exceeding $3 million each. Retail and industrial properties accounted for the majority of land sales activity. Retail land represented 48 percent […]
Commercial Land Permits & Values
BOISE MSA | Q2 2026 COMMERCIAL PERMITS & VALUES Commercial development activity through April 2026 continued to trend toward larger, more capital-intensive projects despite lower permit volume. Ada County remained the region’s primary center for commercial construction, accounting for just over 80 percent of total permit value and more than 71 percent of all permits […]
Market Reports
Boise MSA Industrial Market Report Retail Market Report Office Market Report Land Market Report Investment Market Report Multifamily Annual Market Report Multifamily Quarterly Market Snapshot Magic Valley Magic Valley Market Outlook Magic Valley Mid-Year Market Update Magic Valley Multifamily Market Report Eastern Idaho Eastern Idaho Market Outlook Eastern Idaho Mid-Year Market Update Eastern Idaho Multifamily […]
Retail Space Leased By Actual Lease Rate
BOISE MSA | Q2 2026 RETAIL SPACE LEASED BY ACTUAL LEASE RATE The retail market is well-positioned for continued stability, supported by strong population growth and sustained tenant demand. Organic expansion remains a key driver, with more than 50 percent of transactions from the past year coming from existing operators growing their footprints. As for […]
Retail Transactions By Square Footage
BOISE MSA | Q2 2026 RETAIL TRANSACTIONS BY SQUARE FOOTAGE A notable trend this past quarter was the resurgence of large-format leasing. Several high-profile deals helped absorb long-standing vacancies, including Vasa Fitness leasing 67,100 square feet at Boise Plaza West (formerly Burlington), AutoZone taking 36,100 square feet at District 208 in Nampa, and Tractor Supply […]
Industrial Supply by Available SF
BOISE MSA | Q2 2026 INDUSTRIAL AVAILABLE SUPPLY BY SF New industrial construction totaled approximately 1.4 million square feet in 2025, marking the lowest annual delivery since 2021. This slowdown signals a more supply-side balance as recently delivered projects worked through lease-up and developers responded to moderating absorption levels. CONSTRUCTION surpassed 1 MILLION SF, but […]
Office Tenant Origin Trends
BOISE MSA | Q2 2026 TENANT ORIGIN TRENDS The total number of leasing transactions increased 2 percent compared to the first quarter of 2025, with notable gains among tenants new to the market and local startups, both of which rose 3 percent year over year. A majority of new-to-market tenants—61 percent—secured space within Boise submarkets. […]
Office Sublease Trends
BOISE MSA | Q2 2026 SUBLEASE TRENDS Leasing momentum strengthened in early 2026, with net absorption totaling 58,000 square feet—more than double the amount recorded in the first quarter of 2025. Growth was led by the North Meridian submarket, which posted 36,000 square feet of positive absorption. TOTAL AVAILABLE SUBLEASE SPACE rose to 444,000 SF […]