Investment Boise Cap Rates

BOISE MSA | Q1 2026 BOISE CAP RATES Cap rates in the Treasure Valley held steady or compressed slightly in 2025, signaling stable market fundamentals and continued investor demand. Office cap rates remained flat at 6.1 percent, while industrial and retail edged down to 6.0 percent and 6.1 percent, respectively. Multifamily continued to trade at […]
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, […]
Investment Sales Volume Trends

BOISE MSA | Q1 2026 INVESTMENT SALES VOLUME The Boise investment market showed renewed momentum in 2025, with total sales volume reaching $670 million, a 28 percent increase from 2024. While activity remains below the record-setting peak of 2021, the year-over-year growth signals continued normalization and improving investor confidence across asset classes. Investment activity was […]
Industrial Construction Trends

BOISE MSA | Q1 2026 INDUSTRIAL CONSTRUCTION New industrial construction totaled approximately 1.4 million square feet in 2025, marking the lowest annual delivery since 2021. This slowdown signals a more supply-side balance as recently delivered projects worked through lease-up and developers responded to moderating absorption levels. CONSTRUCTION surpassed 1 MILLION SF, but ended 2025 at […]
Industrial Net Absorption

BOISE MSA | Q1 2026 INDUSTRIAL NET ABSORPTION One of the most closely watched developments in the Treasure Valley, Micron continues to make steady progress on its two semiconductor fabrication facilities. The first is scheduled to begin operations in 2027, with a second facility expected to follow in 2028. As the initial site approaches completion, […]
Industrial Tenant Origin

BOISE MSA | Q1 2026 INDUSTRIAL TENANT ORIGIN Leasing demand continued to be driven primarily by organic growth. Approximately 60 percent of transactions involved tenants opening additional locations, expanding existing operations, or securing space for new business ventures. As for the largest transactions of 2025, new construction dominated with the top five deals all occurring […]
Industrial Vacancy Trends

BOISE MSA | Q1 2026 INDUSTRIAL VACANCY Industrial vacancy edged up modestly to 8.5 percent in 2025 but has remained below 9 percent since mid-2024. A key factor influencing the overall vacancy rate is the 901,000-square-foot single-tenant building at Red River Logistics Center, which delivered in June 2024 and remains on the market. This large […]
Industrial Market Report

BOISE MSA | Q1 2026 INDUSTRIAL CONDITIONS The industrial sector recorded 1.1 million square feet of net absorption, marking the eighth consecutive year surpassing one million square feet. While this total marks the lowest annual absorption recorded since 2017, it still reflects a fundamentally active and resilient market. In addition, transaction volume remained healthy and […]
Idaho Impact | Boise 2026

March 04 Please Join Us! You are cordially invited to Idaho Impact 2026, an exclusive event hosted by TOK Commercial, exploring how Idaho’s business leaders connect local innovation with regional and global markets, to unlock economic potential. Actionable Insights. Trusted Connections. Skyline Room // Boise State University Steuckle Sky Center1200 W University Drive, Boise, ID […]
TOK Commercial Welcomes Industry Veteran Dave Dowers to Spokane Brokerage Team

SPOKANE, WA – TOK Commercial, the region’s leading commercial real estate firm, is pleased to announce the addition of Dave Dowers to its brokerage team. Dowers joins the firm as a brokerage specialist in commercial real estate sales and leasing, bringing a wealth of experience and a deep understanding of the market to TOK Commercial’s […]