November 3, 2025
BOISE VALLEY
MRI Mobile renewed their 1,431 square feet of office space located at 12554 W. Bridger Street in Boise. Chris Pearson and Patrick Shalz of TOK Commercial facilitated the transaction.
Wild Frontier Beer Project, Inc. renewed their 4,850 square feet of industrial space in the South Cole Industrial Center, located at 2772 S. Cole Road in Boise. Chris Pearson, Mike Greene, Nick Schuitemaker, and Peter Oliver of TOK Commercial facilitated the transaction.
The Boise MSA land market has shown resilience and selective growth through the first seven months of 2025, with mixed signals across different sectors reflecting a maturing market adjusting to evolving economic conditions. Commercial land consideration over the last 12 months totaled $49.3 million, down 38 percent compared to this time last year. Despite the slowdown in land acquisition, commercial construction has surged.
The Boise investment market continues to operate within a challenging interest rate environment, with the 10-year Treasury rate maintaining elevated levels around 4.3 to 4.5 percent throughout the first half of 2025. Multifamily maintained the lowest cap rates at 5.3 percent, followed by retail at 5.8 percent, while both industrial and office properties reached 6.0 percent.
The Boise MSA Office market is navigating a complex landscape shaped by persistent inflation, elevated interest rates, and broader economic uncertainty. These factors have created a more cautious business climate, influencing tenant decision-making and leasing activity.
📉 National Office Market in Decline (2025)
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