Retail Absorption Trends
BOISE MSA | Q2 2026 ABSORPTION TRENDS Leasing activity has held steady, with demand continuing to translate into meaningful occupancy gains. Gross absorption increased by 79 percent year-over-year, while net absorption more than doubled—an indication that tenants are not only active, but are successfully backfilling previously vacant space. Six transactions over 10,000 SF occured in […]
Investment Boise Cap Rates
BOISE MSA | Q1 2026 BOISE CAP RATES Cap rates in the Treasure Valley held steady or compressed slightly in 2025, signaling stable market fundamentals and continued investor demand. Office cap rates remained flat at 6.1 percent, while industrial and retail edged down to 6.0 percent and 6.1 percent, respectively. Multifamily continued to trade at […]
Investment Sales By Property Type
BOISE MSA | Q1 2026 INVESTMENT SALES BY PROPERTY TYPE In total, six industrial deals, six multifamily deals, along with three retail deals exceeded the $10 million threshold in 2025. In total, 118 disclosed investment transactions closed during the year, up 10 percent from 2024. Retail led all sectors with 36 percent of total deals, […]
Investment Sales Volume Trends
BOISE MSA | Q1 2026 INVESTMENT SALES VOLUME The Boise investment market showed renewed momentum in 2025, with total sales volume reaching $670 million, a 28 percent increase from 2024. While activity remains below the record-setting peak of 2021, the year-over-year growth signals continued normalization and improving investor confidence across asset classes. Investment activity was […]
Industrial Construction Trends
BOISE MSA | Q1 2026 INDUSTRIAL CONSTRUCTION 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 ended 2025 at […]
Industrial Net Absorption
BOISE MSA | Q2 2026 INDUSTRIAL NET ABSORPTION Industrial market activity in the Boise Valley remained steady in Q1, with absorption concentrated in a few key submarkets. Total net absorption has improved significantly, rising from -265,000 square feet last year (Q1 2025) to 447,000 square feet in Q1 2026. Activity was led by the Airport […]
Industrial Tenant Origin
BOISE MSA | Q2 2026 INDUSTRIAL TENANT ORIGIN Tenant demand has been led primarily by organic growth. Expansions and additional locations accounted for roughly 41 percent of all transactions, while new-to-market users made up another 23 percent, signaling continued interest from outside companies. Recent market entrants such as Mesa, Ewing Kessler, and Keller Supply further […]
Industrial Vacancy Trends
BOISE MSA | Q2 2026 INDUSTRIAL VACANCY Vacancy ended the first quarter at 8.1 percent, down from 8.9 percent year over year, while multitenant vacancy declined by nearly 100 basis points to 21.2 percent. Despite this improvement, a significant portion of available inventory – nearly 45 percent – is concentrated in the Nampa and Caldwell […]
Industrial Market Report
BOISE MSA | Q1 2026 INDUSTRIAL CONDITIONS The industrial sector recorded 1.1 million square feet of net absorption, marking the eighth consecutive year surpassing one million square feet. While this total marks the lowest annual absorption recorded since 2017, it still reflects a fundamentally active and resilient market. In addition, transaction volume remained healthy and […]
Idaho Impact | Boise 2026
March 04 Please Join Us! You are cordially invited to Idaho Impact 2026, an exclusive event hosted by TOK Commercial, exploring how Idaho’s business leaders connect local innovation with regional and global markets, to unlock economic potential. Actionable Insights. Trusted Connections. Skyline Room // Boise State University Steuckle Sky Center1200 W University Drive, Boise, ID […]