BOISE MSA | Q3 2026 INDUSTRIAL MARKET REPORT
INDUSTRIAL CONSTRUCTION
The Boise MSA’s speculative industrial development remains very active, with approximately 710,000 square feet delivered through June 2026, led by projects including High West Business Park, Boise Gateway Building 4, and 2546 Fry Street, all located in South Boise.
While much of this new inventory is still leasing, developers have become increasingly selective with new starts as vacancy has stabilized and financing costs remain elevated. This mirrors national trends, where industrial construction has slowed following several years of record development, allowing demand to gradually absorb available space.
1.8 MILLION SF has delivered in 2026 already SURPASSING 2025’S TOTAL of 1.4 million SF.
SPECULATIVE deliveries total 710,000 SF so far, led by several major projects in SOUTH BOISE.