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. A notable divide remains between asking and closing cap rates, as many sellers continue to anchor to the record lows of recent years, creating friction with today’s market realities.

[Spokane, Washington] – TOK Commercial is pleased to announce the addition of Kim Millet to its Inland Northwest brokerage team.

Revolutionizing Commercial Real Estate Marketing with Interactive Aerial 360s at Orchard Park

The commercial real estate (CRE) industry is in the midst of a digital transformation—one that is redefining how large-scale developments are marketed, understood, and leased. Nowhere is this evolution more evident than at Orchard Park in Meridian, Idaho, a vibrant mixed-use destination where immersive technology is bridging the gap between vision and reality.

📉 National Office Market in Decline (2025)

• Record‐high demolitions/conversions: In the U.S. office market, office-to-residential conversions and demolitions are outpacing new construction by a wide margin. By the end of 2025, approximately 23.3 million sf will be removed, compared to only 12.7 million sf of new office space — the first time in 25 years that teardowns outstrip completions (nypost.com).