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 | Q3 2026 OFFICE MARKET REPORT SUBLEASE TRENDS Available sublease space increased by nearly 100,000 square feet in May 2026, ending the second quarter at 549,000 square feet. This marks the first time sublease inventory has exceeded 500,000 square feet since December 2024 and represents a 35 percent increase from June 2025. Sublease […]
Boise MSA Office Market Trends Q1 2026
OFFICE CONDITIONS While still adapting to evolving workplace strategies, the Boise Office market showed measurable improvement in 2025. Net absorption finished the year at 383,000 square feet, up 50 percent from 2024 and marking the strongest annual performance since 2021. Although Downtown net absorption remained negative overall, it improved by 32 percent year over year, […]
Office Construction Trends
BOISE MSA | Q3 2026 OFFICE MARKET REPORT CONSTRUCTION TRENDS Construction activity has been on pace to exceed last years total, with 85,000 square feet delivered through the first half of 2026. Meridian accounted for 57 percent of this new development, continuing its role as one of the region’s most desired areas. More notably, 54,000 […]
Office Vacancy Trends
BOISE MSA | Q3 2026 OFFICE MARKET REPORT VACANCY TRENDS While evolving workplace strategies continue to influence office users, the Boise MSA office market remained on solid footing through the second quarter of 2026. Overall vacancy held steady at 6.6 percent, down from 7.2 percent one year ago, and has remained remarkably consistent throughout the […]
Office Lease Rate Trends
BOISE MSA | Q1 2026 LEASE RATE TRENDS While still adapting to evolving workplace strategies, the Boise Office market showed measurable improvement in 2025. Net absorption finished the year at 383,000 square feet, up 50 percent from 2024 and marking the strongest annual performance since 2021. Although Downtown net absorption remained negative overall, it improved […]
Office Absorption Trends
BOISE MSA | Q3 2026 OFFICE MARKET TRENDS ABSORPTION TRENDS Leasing activity shifted toward larger transactions during the first half of the year. Although the total number of office transactions declined nearly 10 percent year over year, net absorption increased 36 percent, indicating that tenants leased larger blocks of space than in the prior year. […]
Unlocking Potential TOK Commercial’s 2025 Annual Report
ANNUAL REPORT | 2025 WELCOME! In 2025, TOK Commercial focused on unlocking potential within our clients’ portfolios, our markets, and our own organization. As the commercial real estate landscape continued to evolve, we embraced change as an opportunity, applying insight, agility, and experience to help our clients move from possibility to performance. PERFORMANCE, POWERED BY […]
Retail Construction Trends
BOISE MSA | Q3 2026 RETAIL MARKET REPORT CONSTRUCTION TRENDS New retail construction has moderated compared to last year, helping keep vacancy rates in check. Through the second quarter, approximately 91,200 square feet of retail space had been delivered, down from nearly 156,000 square feet during the same period in 2025. Speculative development also declined, […]
Retail Vacancy Trends
BOISE MSA | Q3 2026 RETAIL MARKET REPORT RETAIL VACANCY TRENDS Across the Boise Valley, the Caldwell Boulevard submarket has posted the strongest absorption in 2026, North Meridian continued to record the highest volume of retail deals. North Boise, Downtown Boise, and Eagle also experienced healthy tenant demand throughout the first half of the year. […]