Office Space Design Driven By Demand

Submitted by Anonymous (not verified) on Thu, 01/31/2019 - 03:01
Demand drive the design of this office space

Overall supply of office space in the Boise area is within a healthy range (13.4 months), despite the lowest vacancy rates since 2002 (7.23%).  To put it simply, tenants are able to find space within a reasonable time regardless of the tight market.

While the supply is projected to continue its decline, there has been an increase in demand for spaces over 10,000 square feet.  Transactions over 10,000 square feet had a 40% increase from 2017 to 2018, and the demand for these spaces is increasing. 

Interestingly, while these trends are occuring, the overall environment of office space is evolving according to an article by the Idaho Statesman.  Employers are trying to fit more people per square foot by tearing down walls and creating more free flowing spaces.  As the popularity for spaces like this continues to grow, it could act as a counterweight to the demand for larger spaces, as many employers will be able to fit more people in a smaller amount of space.

 

Five Locations to Serve You

Boise Office
250 S 5th Street, 2nd Floor
Boise, Idaho 83702
Main Phone: 208.378.4600
 

Nampa Office
16150 N. High Desert Street, Suite 200
Nampa, Idaho 83687
Main Phone: 208.378.4600

Twin Falls Office
195 River Vista Place, Suite 204
Twin Falls, Idaho 83301
Main Phone: 208.944.9694

Idaho Falls Office
1135 Pier View Drive, Suite 120
Idaho Falls, Idaho 83402
Main Phone: 208.227.8148

Coeur d'Alene Office
3322 N. Grand Mill Lane
Coeur d'Alene, Idaho 83814
Main Phone: 208.449.1908