Looking for Office Space? Here are a Couple of Things You Should Know

View of Boise Idaho at dusk downtown office lights summer

Congratulations! For whatever reason, the time has come for you to find new office space. Maybe your company has outgrown your existing space. Or more of your employees are telecommuting so it is time to downsize. Or the location of your customer base has shifted and you need to move closer to serve them better. Regardless of the reason, there are several things to keep in mind when looking for new space.

1.           IT WILL TAKE LONGER THAN YOU EXPECT.

Boise MSA Office Market Continues Positive Momentum

Boise MSA Office Market Strong August 2020

Despite a worldwide pandemic, the Boise MSA’s office market has thus far experienced a milder impact than expected.

Net absorption ended Q2 at 243,000 square feet, a moderate decrease compared to 12 months ago (290,000 square feet), but still higher than the first half of both 2016 & 2017. Overall vacancy decreased from 5.8 percent at the end of 2019 to a current all-time low of 5.2 percent.

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