Retail Vacancy Trends Eastern Idaho

EASTERN IDAHO | MIDYEAR 2026 RETAIL MARKET REPORT RETAIL VACANCY RATES Retail activity rebounded in the first half of 2026, recording 55,000 square feet of net absorption compared with negative absorption during the same period a year earlier. Vacancy improved to 4.3 percent at midyear, down from 5.0 percent a year ago but above the […]
Industrial Lease Rate Trends Eastern Idaho

EASTERN IDAHO | MIDYEAR 2026 INDUSTRIAL MARKET REPORT INDUSTRIAL LEASE RATES The North Idaho Falls submarket led in transaction volume, accounting for more than 40 percent of deals, with most involving smaller spaces of less than 2,000 square feet. In contrast, South Idaho Falls posted the region’s highest net absorption at 51,000 square feet, supported […]
Industrial Vacancy Trends Eastern Idaho

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 […]
Office Vacancy Trends Eastern Idaho

EASTERN IDAHO | MIDYEAR 2026 OFFICE MARKET REPORT OFFICE VACANCY RATES The Eastern Idaho office sector recorded positive net absorption for the second consecutive year, with 44,000 square feet absorbed through the first half of 2026. Nearly 40,000 square feet of new construction was delivered during the period, with just 3,000 square feet developed as […]
Office Lease Rate Trends Eastern Idaho

EASTERN IDAHO | MIDYEAR 2026 OFFICE MARKET REPORT OFFICE LEASE RATES Asking lease rates averaged $15.50 (NNN, annually) per square foot, increasing 3 percent year over year but remaining unchanged from year-end 2025. The River submarket commanded the region’s highest average asking lease rate at $22.25 per square foot, compared with $13 to $16 per […]
Major Nampa R&D and Manufacturing Facility Hits Market Amid Micron’s Expansion and Idaho’s Advanced Manufacturing Growth

Release Date August 26, 2026 Major Nampa R&D and Manufacturing Facility Hits Market Amid Micron’s Expansion and Idaho’s Advanced Manufacturing Growth Former big-box retail property has been transformed into a 103,459-square-foot R&D manufacturing corporate operations facility Nampa, Idaho —A large-scale research, development, and manufacturing facility in Nampa has been brought to market, adding more than […]
Job Population Growth

BOISE MSA | Q3 2026 INVESTMENT MARKET TRENDS JOB & POPULATION GROWTH The region’s economic and demographic fundamentals should support a healthy investment outlook. According to the U.S. Bureau of Labor Statistics, Boise MSA nonfarm employment increased from approximately 346,500 jobs in June 2019 to 420,100 in June 2026, a net gain of 73,600 jobs, […]
Investment 10 Year Treasury Yields

BOISE MSA | Q3 2026 INVESTMENT MARKET TRENDS 10-YEAR TREASURY YIELD The 10-year Treasury yield ended July at 4.8 percent, keeping borrowing costs elevated and maintaining pressure on cap rates. Average retail cap rates remained stable at 6.1 percent, consistent with both last year and the relatively narrow range recorded over the past several years. […]
Industrial Lease Rate Trends

BOISE MSA | Q3 2026 INDUSTRIAL MARKET REPORT INDUSTRIAL LEASE RATE TRENDS Industrial lease rates have remained resilient despite the increase in available space. Average asking rents currently stand at $1.10 (NNN, monthly) per square foot, only slightly below $1.13 recorded a year ago and marking the third consecutive year that market-wide rates have exceeded […]
Industrial Vacancy Trends Magic Valley

MAGIC VALLEY | MIDYEAR 2026 INDUSTRIAL MARKET REPORT INDUSTRIAL VACANCY TRENDS In H1 2026, the Magic Valley industrial market posted its strongest mid-year net absorption on record, with more than 350,000 square feet absorbed through the first half of the year. Construction activity remained robust, with more than 360,000 square feet delivered during the same […]