Office Net Absorption Outpaces 2020, Midway Through the Year

TOK Commercial's Office Report for Q3 2021 in the Boise MSA

Transaction volume picked up significantly in the second quarter, with an increase of over 50 percent in the amount of office square footage absorbed. Midway through the year, net absorption in the Office market already outpaced the amount seen at the end of 2020. Meridian and Downtown Boise have had the most net absorption occur, 192,000 square feet and 105,000 square feet, respectively. Projected supply for Meridian, the market’s second-largest submarket, is currently 10 months.

Beautiful, Well-Lit Professional Office Space for Lease off Eagle Road

Photo of Rosario Place at 1097 N. Rosario Street in Meridian, Idaho

Meridian's primary corridor for shopping, entertainment, restaurants, services, and more surrounds Eagle Road.  Notable employers — such as Blue Cross of Idaho, Scentsy, and St. Luke's — as well as major shopping destinations — such as The Village at Meridian and Meridian Crossroads — also lie along this corridor making it one of the most vibrant areas of Meridian.

Beautiful, New Construction Office Space in Incredible Riverfront Setting

Photo of 1135 Pier View Drive at Snake River Landing in Idaho Falls, Idaho

TOK Commercial is pleased to offer office space for lease at Idaho Falls' Snake River Landing.  The Snake River Landing development is Idaho Falls' newest 450+ acre master-planned community, prominently positioned between the Snake River and Interstate 15.  Upon completion, the development will boast energy of new retailers, commercial and office users, new residents, an event center, and open green areas with water features.

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