BOISE MSA | Q1 2026
VACANCY TRENDS
Vacancy trends further illustrate a market regaining balance. Overall vacancy declined 20 basis points to 6.6 percent year over year, staying within 6.8 and 7.3 percent for most of 2025 before falling at year-end. Multitenant vacancy also improved, decreasing 30 basis points to 9.8 percent. Sublease availability tightened considerably, down 25 percent year over year and remaining below 500,000 square feet throughout 2025, ending the year at 428,000 square feet.
TOTAL VACANCY decreased from 6.8% in 2024 to 6.6% at the end of 2025.
Vacancy in MULTITENANT BUILDINGS decreased from 10.1% to 9.8% over the past 12 months.