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 | Q3 LAND MARKET REPORT 2026 COMMERCIAL LAND CONSIDERATION Commercial land transaction activity also strengthened, with total consideration increasing 22 percent compared with the previous 12 months. Retail remained the leading property type, accounting for 45 percent of total commercial land consideration, reflecting continued demand for sites serving the valley’s growing population. Meridian […]
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 […]
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 […]