Retail Vacancy Trends Magic Valley

MAGIC VALLEY | MIDYEAR 2026 RETAIL MARKET REPORT RETAIL VACANCY Despite strengthening tenant demand, overall retail vacancy in the Magic Valley remained unchanged from one year earlier as several mid-box retailer closures, including the 19,000-square-foot Claude Brown’s Home Furnishings, offset a significant portion of the market’s occupancy gains.
Boise MSA Office Market Trends Q2 2026

Boise Office Market Holds Firm as Vacancy Tightens and Leasing Activity Accelerates Q2 2026 Boise MSA Office Market Update The Boise MSA office market continues to demonstrate remarkable resilience. Despite ongoing economic uncertainty nationally, the Treasure Valley’s office sector entered 2026 with healthy leasing activity, tightening vacancy, and record-high asking lease rates. While tenants remain […]
Multifamily Land Permits & Values

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 […]
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 Leasing activity continues to be driven by demand for smaller, functional spaces. Over the past 12 months, approximately 86 percent of all transactions involved spaces under 20,000 square feet, while larger blocks have experienced lower absorption. Tenants are prioritizing well-located properties with efficient layouts, particularly […]