Boise, ID Industrial Market Overview

Industrial continues to lead the greater Boise commercial market, now well into its 7th year of recovery. While sale activity and cap rate bias suggested a temporary pause early in 2016, by year’s end a very active market was evident, characterized by tight supply and significant construction meet pent-up demand. Year-to-date absorption for the first five months of 2017 is already well over 400,000 square feet, and cap rates are at historical lows despite the upward bias in Fed rates.

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Source: Integra Realty Resources. Reprinted with permission. All rights reserved.

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