Industrial Tenant Origin

November 9, 2026

BOISE MSA | Q4 2026

INDUSTRIAL TENANT ORIGIN

As the Boise industrial market approaches 2027, continued expansion among existing businesses and an influx of new companies are expected to remain important drivers of industrial demand. Over the past 12 months, expanding businesses have accounted for 40 percent of absorbed square footage, while new-to-market companies represented approximately 29 percent of leasing volume.

40% of deals came from tenants ADDING A LOCATION or EXPANDING their current space.

The LARGEST share of NEW-TO-MARKET tenants relocated or expanded from WA & OR.