Idaho

Thompson Thrift to Develop 300-Unit The Highline Apartment Property Near Boise

by Amy Works October 1, 2026

NAMPA, IDAHO — Thompson Thrift has begin construction of The Highline, a multifamily community in Nampa, approximately 20 miles west of Boise. Slated to welcome residents in early 2028, The Highland will feature 300 one-, two- and three-bedroom apartments with private entrances averaging 1,100 square feet. Residences will offer quartz countertops, stainless steel appliances, designer fixtures and finishes, hardwood-style floors, full-size washers/dryers, walk-in closets and smart-home technology. Additionally, detached garages and patio, balcony or private yard options will be available for select units. Onsite amenities will include a 24-hour fitness center, heated swimming pool and lap pool, courtyards, fire pits, grilling areas, outdoor games and a pickleball court. Residents will also have access to a 24-hour social hub with billiards and shuffleboard, focus rooms, conference space, bike storage, two dog parks and a pet spa. The Highline will be capitalized with equity from the Thompson Thrift 2026 Multifamily Development. The community will be located within East Ranch, a master-planned mixed-use community with a blend of single-family homes and flex industrial space with integrated retail, creating a walkable and amenity-rich environment for residents.

October 1, 2026

Idaho Market Reports Restaurant Retail Western Western Market Reports

Idaho Retail Growth Expands Beyond Traditional Shopping Centers

by John Nelson September 18, 2026

— By Don Zebe of Colliers Idaho — more mature and geographically diverse stage of growth. While the Treasure Valley remains the state’s primary development engine, retail expansion is increasingly occurring in markets such as Twin Falls, Idaho Falls, Ammon, Rexburg, Pocatello-Chubbuck, Coeur d’Alene and Post Falls. Idaho’s population surpassed 2 million residents in 2025, providing a strong foundation for grocery, restaurant, medical, service and neighborhood-oriented retail uses. However, population growth alone no longer guarantees project success. Elevated construction and financing costs have made retailers and developers increasingly selective, placing greater emphasis on access, visibility, traffic patterns and regional drawing power. Treasure Valley Remains the Development Leader The Treasure Valley continues to receive the greatest volume of retail construction and leasing activity in Idaho. Major projects like the District at Ten Mile in Meridian reflect the growing preference for mixed-use destinations that combine retail, dining, fitness and services. The continued expansion of the Village at Meridian further demonstrates the market’s ability to attract both first-to-market and expanding national retailers. Despite ongoing development activity, the Boise-area retail market remains relatively tight, with retail vacancy at 4.4 percent in the second quarter of 2026, supporting continued demand for well-located space. Magic Valley Growth Strengthens …

September 18, 2026

Idaho Market Reports Office Western Western Market Reports

Boise Office Market Gains Ground Ahead of Micron’s Expansion

by John Nelson September 11, 2026

— By Patrick Shalz of TOK Commercial — Amid an office landscape that remains uneven nationally, the Boise MSA continues to distinguish itself with steady fundamentals, improving vacancy and rising rents. The market remained on solid footing through the second quarter of 2026. Overall vacancy held steady at 6.6 percent, down from 7.2 percent one year ago. It has remained remarkably consistent throughout the first half of the year, fluctuating by just one-tenth of a percentage point. Multi-tenant vacancy also improved, declining to 10.2 percent from 10.5 percent a year earlier, reflecting continued demand for quality multi-tenant space. Overall asking lease rates reached a record high of $23 per square foot (full-service, annual), with nearly every submarket posting year-over-year rent growth. Class A asking rates also strengthened, increasing 2 percent from last year to $25.50 per square foot. Leasing activity shifted toward larger transactions in the first half of 2026. Although the total number of office transactions declined nearly 10 percent year over year, net absorption increased 36 percent, indicating that tenants leased larger blocks of space than in the prior year. Smaller suites account for the majority of activity, but their share of the market softened with spaces of …

September 11, 2026

Idaho Leasing Activity Restaurant Retail Western

CenterCal Properties Signs Leases with Five New Tenants at The Village at Meridian Near Boise, Idaho

by Amy Works August 17, 2026

MERIDIAN, IDAHO — CenterCal Properties has signed leases with five new tenants at the second phase of The Village at Meridian, an 80,000-square-foot commercial property that is under construction roughly 10 miles west of downtown Boise. The new tenants are gastropub Culinary Dropout (7,000 square feet); fine-dining restaurant The Capital Grille; cookware and housewares retailer Williams Sonoma (5,550 square feet); Pottery Barn; and modern furniture brand 7th Avenue. Other tenants at the property will include Vuori, Alo, Kendra Scott, Tecovas, Gorjana, [solidcore] and Tempur-Pedic, along with Flower Child and Paris Baguette. Phase II, which is already fully leased and will span six buildings, is an expansion of The Village at Meridian, a 1 million-square-foot mixed-use development. Phase II is anticipated for completion in February 2027.

August 17, 2026

Acquisitions Idaho Industrial Western

Brennan Investment Group Buys Three-Building, 439,600 SF Industrial Portfolio in Nampa, Idaho

by Amy Works July 21, 2026

NAMPA, IDAHO — Chicago-based Brennan Investment Group has acquired a three-building, 439,600-square-foot industrial portfolio in Nampa, located just west of Boise. Details of the transaction were not released. This purchase marks Brennan’s entry into the Boise industrial market. Completed in 2023, the tilt-up industrial buildings were fully leased at the time of sale and feature 32-foot clear heights, ESFR sprinkler systems and truck courts exceeding 130 feet.

July 21, 2026

Idaho Loans Multifamily Student Housing Western

Harrison Street Provides Loan for Refinancing of 547-Bed Student Housing Community Near Boise State University

by Amy Works July 20, 2026

BOISE, IDAHO — Harrison Street Asset Management has provided a loan for the refinancing of a 547-bed student housing community located near the Boise State University campus in Idaho. The borrower was a joint venture between Appian Capital and Subtext. Further details on the financing were not released. Delivered in 2023, VERVE Boise offers units in studio, two-, three-, four- and five-bedroom configurations with bed-to-bath parity. Shared amenities include a resort-style pool, 24-hour fitness center, indoor resident lounge and outdoor gathering spaces. The community was 98 percent leased at the time of financing.

July 20, 2026

Development Idaho Mixed-Use Restaurant Retail Western

CenterCal Properties Unveils Plans for Expansion of 1 MSF Mixed-Use Development Near Boise, Idaho

by Amy Works June 19, 2026

MERIDIAN, IDAHO — CenterCal Properties has unveiled plans for the expansion of The Village at Meridian, a 1 million-square-foot mixed-use development located in Meridian, roughly 10 miles west of downtown Boise. Phase II of the project will encompass 80,000 square feet of commercial space across six new buildings. Tenants that have committed to Phase II include Vuori, Alo, Kendra Scott, Tecovas, Gorjana, solidcore and Tempur-Pedic, along with Flower Child and Paris Baguette. Additional tenants will be announced as leasing activity continues. Initial openings are expected in September 2026, while completion of Phase II is anticipated for February 2027.

June 19, 2026

Acquisitions Idaho Industrial Western

CBRE Arranges Sale of 59.7-Acre Industrial Development Site in Pocatello, Idaho

by Amy Works June 5, 2026

POCATELLO, IDAHO — CBRE has arranged the sale of a 59.7-acre industrial development site located at 1800 River Park Way in Pocatello on behalf of developer Portneuf Capital. Lex Development acquired the site for an undisclosed price. The property consists of two industrial-zoned parcels that currently contain 45,904 square feet of office space and 113,048 square feet of warehouse space. Formerly a Hoku Materials manufacturing site, the property has undergone entitlement and planning work under current ownership and is positioned for future business park or owner-user development. The site is participating in a brownfield development program, with a Phase I environmental assessment completed and no further action required. Kurt Gregg, Tim Reid and Montana Carranza of CBRE represented the seller in the transaction.

June 5, 2026

Healthcare Idaho Loans Western

Gantry Secures $21.2M Refinancing for Two Medical Office Buildings in North Idaho

by Amy Works February 4, 2026

COEUR D’ALENE AND SANDPOINT, IDAHO — Gantry has secured a total of $21.2 million in two permanent loans to refinance maturing debt for a pair of medical office buildings in Coeur d’Alene and Sandpoint. The financing included a $9.7 million loan for a 38,000-square-foot property located at 423 N. Third Ave. in Sandpoint and an $11.5 million loan for a 60,000-square-foot facility at 1919 Lincoln Way in Coeur d’Alene. Both assets feature outpatient and family medicine providers tied to local hospital systems. Demetri Koston and Abi Hunter of Gantry’s Inland Northwest production team represented the single borrower, a private real estate investor, for both loans. The five-year, fixed-rate loans were provided by a single pension fund lender from Gantry’s roster of debt sources and include prepayment flexibility after a 30-year amortization.

February 4, 2026

Acquisitions Colorado Idaho Multifamily Western

Milestone Group Acquires Two Multifamily Communities in Colorado, Idaho Totaling 602 Units

by Amy Works January 9, 2026

FORT COLLINS, COLO., AND MERIDIAN, IDAHO — The Milestone Group has purchased two apartment properties in Colorado and Idaho totaling 602 units. Terms of the transactions were not released. Milestone acquired Bucking Horse Apartments, a 322-unit, garden-style asset within the 160-acre Bucking Horse master-planned community in Fort Collins. The property features low-density residential buildings offering one-, two- and three-bedroom units, as well as three-bedroom garage townhomes. Additionally, Milestone purchased Prelude at Paramount, a 280-unit garden-style property in Meridian. The resort-style community features one-, two- and three-bedroom units with smart home technology and recently renovated common area amenities.

January 9, 2026

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