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. […]
Retail Tenant Origin
BOISE MSA | Q3 2026 RETAIL MARKET REPORT RETAIL TENANT ORIGIN Leasing activity remains driven primarily by existing businesses expanding within the market, with 45 percent of tenant activity over the past 12 months coming from retailers opening additional locations. Although most deals remain concentrated among smaller users, larger-format retailers continue to play an important […]
Retail Absorption Trends
BOISE MSA | Q3 2026 RETAIL MARKET REPORT RETAIL ABSORPTION TRENDS The Boise MSA retail market remained healthy through the second quarter of 2026, supported by strong tenant demand, limited available space, and several large lease transactions. Net absorption reached 282,000 square feet through the first half of the year, a significant improvement from the […]
Investment Boise Cap Rates
BOISE MSA | Q3 2026 INVESTMENT MARKET TRENDS BOISE CAP RATES Financing conditions continued to shape investor underwriting and pricing. 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 […]
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, […]