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 down by over 50 percent from 2023.
News
Inspirado Development Drives Attention to an Upcoming Treasure Valley Growth Boom Area
This exciting new development is making a splash in our community and was recently featured in BoiseDev!
Q1 2025 Boise MSA Industrial Market Trends
In 2024, net absorption in the Boise Industrial market saw a 36 percent decline, totaling just over 1.5 million square feet. This marks the first time in four years that absorption has fallen below 2 million square feet.
TOK COMMERCIAL WELCOMES DREW ULRICK
TOK Commercial is pleased to announce the addition of Drew Ulrick to the firm’s Inland Northwest brokerage services team.
TOK COMMERCIAL ANNOUNCES NEW PARTNERS FOR 2025
TOK Commercial is proud to announce the promotion of JP Green and Sam McCaskill to partners. This milestone reflects their outstanding contributions, dedication to client success, and organizational leadership.
Magic Valley Multifamily Market Outlook 2025
What were the Magic Valley's 2024 multifamily rental rates and what is the outlook for new development in 2025?
Rental Rates: Over the past year, rental rates for 1 bedroom and 2 bedroom apartments in the Magic Valley have seen a decline. The average rent for a 1 bedroom unit is now $1,081 per month, while 2 bedroom units are averaging $1,449 per month.
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post falls, idaho - growth market
The landscape of Post Falls, Idaho is set for a transformative shift.
Q4 2024 Boise MSA Retail Market Trends
Fundamentals remained healthy for the Retail market at the end of Q3. Total vacancy ended at 4.3 percent, marking September as the 7th consecutive month where vacancy has remained below 5 percent. Overall vacancy is anticipated to stay tight through the remainder of the year, which will ultimately keep lease rates on the rise.
Q4 2024 Boise MSA Industrial Market Trends
Over the past 12 months, the market has seen the delivery of more than 4.3 million square feet of new industrial space. This increase in supply has ultimately caused overall vacancy to remain elevated at 8.6 percent. Multitenant vacancy is currently at 23.2 percent, slightly below the record high of almost 24 percent seen at the end of June. Overall months of supply has also increased to 18.7 months, up from 12.6 months at this time last year.
