Office Vacancy Trends

May 7, 2026

Read The

Latest

Recent Commercial Real Estate Transactions

Retail Space Leased By Actual Lease Rate

Retail Transactions By Square Footage

Industrial Supply by Available SF

Office Tenant Origin Trends

Office Sublease Trends

BOISE MSA | Q2 2026

VACANCY TRENDS 

Overall vacancy ended the quarter at 6.5 percent and has remained below 7 percent since October 2025,
a reflection of consistent tenant demand and limited new supply. Multitenant vacancy declined further to 9.5 percent, reaching its lowest level since 2022 and signaling improving conditions across multi-tenant properties.

TOTAL VACANCY decreased from 6.8% in Q1 2025 to 6.5% in Q1 2026.

Vacancy in MULTITENANT BUILDINGS decreased from 10.0% to 9.5% over the past 12 months.