Q2 2025 Boise MSA Retail Market Update

The Boise MSA retail sector is booming as of Q2 2025. Here’s a quick look at the key developments:

• Total retail construction in Boise MSA hit over 96,000 square feet in Q1.
• North Meridian is the development hub, contributing 36% of the total.
• Significant completions include a 7,000-square-foot strip center at 179 Ten Mile and Idaho Pups & Ales at Ten Mile Crossing.
• Average lease rates reached a record high of $23.00 per square foot, showing a 15% increase over the last year.
• All but two submarkets now average $20 per square foot or more, with South Meridian leading at the forefront.

These data points are a testament to the vibrant growth in Boise’s commercial real estate market. How do you foresee this trend impacting local businesses and the community?

#BoiseRealEstate #CommercialGrowth #RetailMarket #BoiseEconomy #RealEstateTrends

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