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 […]
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 […]
Boise MSA Office Market Bucks National Trends in 2025 with Growth

📉 National Office Market in Decline (2025) Bottom line: Structural shifts—like remote work and functional obsolescence—are hollowing out the national office footprint. Landlords are either repurposing or liquidating underutilized office assets. 🌱 A Boise Exception: Steady Growth Contrary to national trends, Boise’s office market displayed resilience and modest improvement in Q1 2025: These signs point to continued market […]
Boise Metro Multifamily Trends Q2 2025

Boise Metro Multifamily Rental Rates Rental rates in the Boise Metro show varied trends across submarkets. According to ALN Apartment Data, Downtown Boise continues to command the highest rents, with 2-bedroom units averaging $2,199 and 1-bedroom units at $1,639, reflecting its premium urban location. Meridian closely follows with strong rent growth, with average rents across […]
Q2 2025 Boise MSA Retail Market Update

Total retail construction in the Boise MSA reached over 96,000 square feet in the first three months of 2025. Notably, the North Meridian area emerged as the primary development hub, accounting for 36 percent of this total. Significant projects completed during this period include a 7,000-square-foot strip center at 179 Ten Mile and the opening […]
Q2 2025 Boise MSA Industrial Market Update

Nearly 68 percent of current industrial listings in the Boise MSA are for Class A space, with the majority of that inventory targeting larger users. As a result, tenants seeking spaces over 10,000 square feet have more options, which gives them greater leverage in negotiations. Over the past 12 months, the average lease rate for […]
2025 North Idaho Market Outlook

The Office market in the Coeur d’Alene region is expected to remain steady but supply-constrained due to high construction costs. While 163,000 square feet of new office space was delivered in 2024—36 percent of which was speculative—future speculative development is likely to be limited as developers remain cautious. Currently, only 45,000 square feet of office […]
Q1 2025 Boise MSA Investment Market Trends

In 2024, the Boise Investment market experienced a moderate slowdown compared to the previous year. Total transaction volume decreased by 16 percent, falling from $574 million in 2023 to $482 million in 2024. In addition, number of deals also declined year-over-year by 5 percent. The office sector was particularly impacted, with the number of deals […]