Eastern & Southern Idaho offer many attractive prospects to employers, including some of the country's lowest unemployment rates and highest business formation and survival rates. Exciting new office opportunities and steady asking rates for office assets are good signs of healthy office markets.
Decreasing or steady vacancy, positive year-to-date net absorption and increasing asking rates are good signs for the health of the retail market in Eastern & Southern Idaho. Major retailers like Albertsons report significant sales growth since 2019.
Southern & Eastern Idaho have had another healthy quarter in the industrial market. Demand for industrial assets is high, net absorption was positive in Southern Idaho and most of Eastern Idaho, and Bannock County saw an exciting development in the form of the Titan Center.