The Boise MSA's total retail vacancy ticked-up slightly from 8.1% to 8.3% in February however unanchored vacancy decreased from 12.1% to 11.9%. The local retail market is considerably stronger than other markets across the nation where retail product has struggled and vacancies are much higher.
Notable market movement in the last month includes: American Eagle, which will open its second location (7,600 SF) at The Village in the Meridian submarket where vacancy is 5.9%. Rue 21 vacated 5,100 SF at Treasure Valley Marketplace in the Caldwell Blvd submarket where vacancy is 7.0%. Chick-fil-A opened their first Nampa location at Treasure Valley Crossing (4,900 SF). 2C Family Brewing Company bought 1215 1st Street in South Nampa where vacancy declined to 10.3%.