Boise MSA Office Market Trends Q2 2026

Boise Office Market Holds Firm as Vacancy Tightens and Leasing Activity Accelerates Q2 2026 Boise MSA Office Market Update The Boise MSA office market continues to demonstrate remarkable resilience. Despite ongoing economic uncertainty nationally, the Treasure Valley’s office sector entered 2026 with healthy leasing activity, tightening vacancy, and record-high asking lease rates. While tenants remain […]
Multifamily Land Permits & Values

Multifamily Land Permits & Values BOISE MSA | Q2 2026 MULTIFAMILY PERMITS & VALUES A decline in both unit counts and valuation suggests developers are increasingly pursuing smaller-scale projects as elevated construction costs, higher interest rates, and tighter financing conditions continue to impact project feasibility. Caldwell emerged as the region’s most active multifamily market, recording […]
Single Family Land Permits & Values

BOISE MSA | Q3 2026 LAND MARKET REPORT SINGLE FAMILY PERMITS & VALUES Residential land activity remained relatively stable through July, with modest changes in both permitting and home values. Single-family permit volume declined 5.1 percent year over year, while total permit value increased just 2.6 percent compared with July 2025, indicating a relatively steady […]
Commercial Land Consideration

BOISE MSA | Q2 2026 COMMERCIAL LAND CONSIDERATION Land transaction activity remained strong, with total land consideration increasing 83 percent compared to the same period last year. The increase was supported by six transactions exceeding $3 million each. Retail and industrial properties accounted for the majority of land sales activity. Retail land represented 48 percent […]
Commercial Land Permits & Values

BOISE MSA | Q3 2026 LAND MARKET REPORT COMMERCIAL PERMITS & VALUES The commercial land market showed a significant increase in investment value over the past year, despite a decline in overall permitting activity. Permit value reached $865 million, more than double the July 2025 level, largely driven by major projects from Micron Technology. Micron […]
Market Reports

Boise MSA Industrial Market Report Retail Market Report Office Market Report Land Market Report Investment Market Report Multifamily Annual Market Report Multifamily Quarterly Market Snapshot Magic Valley Magic Valley Market Outlook Magic Valley Mid-Year Market Update Magic Valley Multifamily Market Report Eastern Idaho Eastern Idaho Market Outlook Eastern Idaho Mid-Year Market Update Eastern Idaho Multifamily […]
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, […]
Q3 2025 Boise MSA Land Market Trends

The Boise MSA land market has shown resilience and selective growth through the first seven months of 2025, with mixed signals across different sectors reflecting a maturing market adjusting to evolving economic conditions. Commercial land consideration over the last 12 months totaled $49.3 million, down 38 percent compared to this time last year. Despite the […]
Q3 2025 Boise MSA Investment Market Trends

The Boise investment market continues to operate within a challenging interest rate environment, with the 10-year Treasury rate maintaining elevated levels around 4.3 to 4.5 percent throughout the first half of 2025. Multifamily maintained the lowest cap rates at 5.3 percent, followed by retail at 5.8 percent, while both industrial and office properties reached 6.0 […]
Office Market Trends Q2 2025

The Boise MSA Office market is navigating a complex landscape shaped by persistent inflation, elevated interest rates, and broader economic uncertainty. These factors have created a more cautious business climate, influencing tenant decision-making and leasing activity. Despite these headwinds, Q1 2025 saw a 5 percent increase in the number of transactions compared to the same […]