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, semiconductor suppliers and related users are showing increased urgency to secure industrial space in the valley—momentum that is expected to support sustained industrial demand in the coming years.
NET ABSORPTION has surpassed 1 MILLION SF for the 8th consecutive year but is DOWN 40% from 2024.
CALDWELL recorded the HIGHEST LEVEL of net absorption, with 422,000 SF.