Q2 2024 Boise MSA Land Market Trends

Submitted by Marketing Team on Mon, 06/24/2024 - 20:37

The Commercial land market in the Boise MSA has benefitted from the stabilization of economic conditions and is faring better in 2024 than it was a year ago when uncertainty caused developers to put a pause on acquisitions. The number of reported commercial land transactions was up over 50 percent from the first four months of 2023. Industrial land continues to be of particular interest with consideration from the last 12 months up over 65 percent from the previous 12 months. Consideration for retail land increased during this time as well, up 28 percent. As for the office sector, land consideration has remained relatively flat with most interest by owner users.

Commercial Land Consideration  //  Boise MSA  Q2 2024


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