Research

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Our research team collaborates with commercial real estate brokerage experts to produce market data that spans every major property type and market in our area.

With conditions constantly changing, we provide the timely market insights you need to stay a step ahead and make the most of your commercial property and real estate investments.

From forward-looking thought leadership, to reports on emerging commercial real estate trends, to analysis of statistics and economic fundamentals, get the tailored insights you need to keep your business competitive.

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Q3 2024 Eastern & Southern Idaho Market Report

The economy is stable for the office market in Eastern and Southern Idaho. With population growth holding at just over 1%, the labor market in Idaho overall is growing. From August 2023 to August 2024, employment increased by 2.8% in the Idaho Falls MSA, 3.8% in the Pocatello MSA and 3.4% in the Twin Falls MSA.
The retail market in Eastern and Southern Idaho remains steady, and vacancy is under 2% in both markets. This quarter’s net absorption is slightly down in Eastern Idaho and steady in Southern Idaho. Asking rates are steady in both Southern Idaho and Eastern Idaho.
With vacancy low, industrial assets in Eastern and Southern Idaho continue to prove to be desirable. Absorption rates dropped this quarter in Southern Idaho and remained steady in Eastern Idaho, with asking rates holding steady in both Eastern Idaho and Southern Idaho.

Q2 2024 Eastern & Southern Idaho Market Report

The economy is stable for the office market in Eastern and Southern Idaho. With population growth holding at just over 1%, the labor market in Idaho overall is growing. From May 2023 to May 2024, employment increased by 0.3% in the Idaho Falls MSA, 0.7% in the Pocatello MSA and 0.3% in the Twin Falls MSA.
The retail market in Eastern and Southern Idaho remains steady, and vacancy is under 2% in both markets. This quarter’s net absorption is slightly down in both Eastern Idaho and Southern Idaho. Asking rates are down in Southern Idaho and increasing in Eastern Idaho.
With vacancy low, industrial assets in Eastern and Southern Idaho continue to prove to be desirable. Absorption rates dropped this quarter in Southern Idaho and remained steady in Eastern Idaho, with asking rates holding steady in Eastern Idaho and falling in Southern Idaho.

Q1 2024 Eastern & Southern Idaho Market Report

The economy is stable for the office market in Eastern and Southern Idaho. With population growth at just over 1%, the labor market in Idaho overall is growing. From February 2023 to February 2024, employment increased by 1.7% in Idaho Falls and 1.4% in the Pocatello MSA. In Twin Falls, employment decreased by 0.6%.
The retail market in Eastern and Southern Idaho remains steady, and vacancy is under 2% in both markets. Yearly net absorption is positive in both Eastern Idaho and Southern Idaho. Asking rates are holding steady in Southern Idaho and increasing in Eastern Idaho.
With vacancy low, industrial assets in Eastern and Southern Idaho continue to prove to be desirable. Absorption rates dropped this quarter in both Eastern and Southern Idaho, with asking rates remaining flat in both markets.

Q4 20232 Eastern & Southern Idaho Market Report

The economy is stable for the office market in Eastern and Southern Idaho. The labor market in Idaho overall is growing; from November 2022 to November 2023, employment increased by 4.2% in Idaho Falls and 5.8% in the Pocatello MSA. In Twin Falls, employment decreased by 10.4%.
New retail stores continue to open throughout Eastern and Southern Idaho, and vacancy remains low in both markets. Yearly net absorption is positive in Eastern Idaho and negative in Southern Idaho. Asking rates are holding steady in Southern Idaho and increasing in Eastern Idaho.
With vacancy low and yearly net absorption up, industrial assets in Eastern and Southern Idaho continue to prove to be desirable. Asking rates have trended upward over the past three years; this quarter saw no significant change in asking rates in either market.

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