Q2 2025 Boise MSA Industrial Market Update

Submitted by Marketing Team on Thu, 05/01/2025 - 07:58

Nearly 68 percent of current industrial listings in the Boise MSA are for Class A space, with the majority of that inventory targeting larger users. As a result, tenants seeking spaces over 10,000 square feet have more options, which gives them greater leverage in negotiations.

Over the past 12 months, the average lease rate for industrial spaces larger than 10,000 square feet was $0.84 per square foot. This is significantly lower than the average rate for smaller spaces, which is $1.01 per square foot. As demand for smaller spaces remains high, lease rates in this segment continue to stay elevated.

Over 1.7 million SF was absorbed by tenants expanding or opening an additional location in the last 12 months. 70% of new to market deals leased to tenants over 7,000 SF.

Explore our interactive graph to filter content, or hover on data points to discover specific metrics.

Watch Our New Video Featuring The Northbridge Junction Industrial Park in Jerome

Submitted by Anonymous (not verified) on Mon, 08/23/2021 - 09:08

Northbridge Junction is a brand new industrial development currently under construction in Jerome, Idaho, at the junction of US-93 and Exit 173 for Interstate 84.  The master-planned project consists of three phases and will ultimately deliver approximately 400,000 square feet of industrial space to Southern Idaho.

New Industrial Complex at 2565 Boge Ave in Idaho Falls Ready for Tenants

Submitted by Anonymous (not verified) on Thu, 07/29/2021 - 03:07

Now available - 12,870 square feet of prime industrial space for lease in Eastern Idaho!  This brand new industrial complex in Idaho Falls is currently under construction and features high-quality metal construction that is also fully sprinklered.  Offering tenants convenient proximity to the freeway and industrial users, the highly anticipated industrial project located at 2565 Boge Avenue offers tenants a prime location for their business and is perfectly suited for subcontra

Subscribe to Industrial Lease

Six Locations to Serve You

Boise Office
250 S 5th Street, 2nd Floor
Boise, Idaho 83702
Main Phone: 208.378.4600
 

Nampa Office
16150 N. High Desert Street, Suite 200
Nampa, Idaho 83687
Main Phone: 208.378.4600

Twin Falls Office
195 River Vista Place, Suite 204
Twin Falls, Idaho 83301
Main Phone: 208.944.9694

Idaho Falls Office
1135 Pier View Drive, Suite 120
Idaho Falls, Idaho 83402
Main Phone: 208.227.8148

Coeur d'Alene Office
3322 N. Grandmill Lane
Coeur d'Alene, Idaho 83814
Main Phone: 208.449.1908

Spokane Office
717 W. Sprague Ave. Suite 1202
Spokane, Washington 99201
Main Phone: 509.606.5090