Boston industrial tenants are slowly ramping up leasing activity
Second-quarter leasing activity continues a strong start to 2025
Industrial tenants across the Boston region continue to lease larger blocks of space, with several notable deals occurring in the second quarter of 2025.
Boston job growth holds steady through May
Hiring pace is comparable to 2024, and the labor market remains resilient in some sectors
The Boston metropolitan area added 18,300 nonfarm jobs in May 2025 on a monthly basis, according to preliminary data from the U.S. Bureau of Labor Statistics.
Job growth in Boise, Idaho, shows little sign of softening
Employers push nonfarm payrolls to another record
The Boise, Idaho, region reported another strong month for nonfarm employment growth, continuing an upward trend that has persisted since the start of the year.
Job growth in Portland, Oregon, wavers
Despite gains each month so far in 2025, several sectors are losing ground
The Portland, Oregon, region witnessed another flat year-over-year nonfarm employment growth reading in May.
Logistics properties maintain highest industrial vacancy rate in Boise, Idaho
Leasing has slowed slightly across the Treasure Valley
Over the past two years, heavy supply pressure in Boise, Idaho’s industrial market has led to a sustained vacancy expansion of over 400 basis points.
Logistics properties overtake flex for highest industrial vacancy rate in Portland, Oregon
Larger blocks of space still being returned to market, but supply pressures ease
Over the past year, weaker-than-normal demand in Portland, Oregon’s industrial market has led to a sharp vacancy expansion of around 100 basis points.
Multifamily rents across Boise metropolitan area continue to shift higher
All neighborhoods that reported losses during 2024 have since posted gains
As the end of the second quarter of 2025 nears, Boise, Idaho’s multifamily market is rebalancing. The negative effects of unit completions heavily outpacing leasing for three years...
Rent growth in Portland, Oregon’s multifamily sector varies by neighborhood
Effects of new supply have been felt unevenly across the region
As the end of the second quarter of 2025 nears, Portland, Oregon’s multifamily market is rebalancing. The negative effects of two years of many completions and a slowdown in leasin...
Why Portland’s medical office buildings are outperforming traditional office counterparts
Consistent demand, dedicated tenants, curtailed supply drive strong healthcare space fundamentals
Compared with traditional offices, medical office buildings in the Portland metropolitan area have demonstrated stable performance for the past few years.
Retail occupiers pull back marginally on space expansions in Boise, Idaho
Regional availabilities have barely budged, as the preleasing of incoming supply has been strong
Retail sector availabilities remain tight in Boise, Idaho. Despite some larger space decommitments recently, incoming supply has entered the market with strong preleasing rates, an...
Retail tenants hesitant to flee space in Portland, Oregon
Lack of newer, quality assets forces some to stay in place as midyear approaches
Portland, Oregon’s retail sector fundamentals are in balance. While leasing volume remains steady, the market’s health has been bolstered mostly by fewer and fewer tenants decommit...
Seattle and Portland, Oregon, lose manufacturing jobs in 2025
Shrinking employment could signal less demand for industrial space
According to the most recent data from the U.S. Bureau of Labor Statistics, the largest cities in the Pacific Northwest saw a decline in manufacturing employment over the past few ...
Are Boise multifamily rents poised to make a big run? It depends on the property type.
Growth trended down slightly in the first quarter, but the vacancy rate is on the decline
Boise, Idaho’s multifamily market rebalance continues into the second quarter of 2025, though the market’s asking rent performance hasn’t quite synced with the trend. On an annual ...
Multifamily rents are rising across the Pacific Northwest
All metropolitan areas in the region are projected to see growth this year
Most Pacific Northwest metropolitan areas saw positive multifamily rent growth last year. Only Bend, Oregon, continued to see rents fall in 2024.
Labor market momentum picks up steam in Idaho Falls
Region eclipses historical hiring rates, with almost every major sector showing annual gains
The Idaho Falls, Idaho, region witnessed a solid nonfarm employment growth reading year over year in March.
Multifamily rents rise slightly on an annual basis in Portland, Oregon
First-quarter reading showed stronger growth than in the first quarter of 2024
Portland, Oregon’s multifamily market rebalance continues into the second quarter of 2025, and the market’s asking rent performance has followed.
Portland, Oregon’s labor market approaches spring on shaky footing
Despite stronger hiring in 2025 than year before, the region has much ground to make up
The Portland, Oregon, region witnessed a slightly negative nonfarm employment growth reading year over year in February.
Boise's Meridian suburb makes up almost half of the region’s apartment demand
Multifamily occupancy strengthens in Boise, Idaho
The multifamily market in Boise, Idaho, started 2025 on the right foot. Leasing has strengthened, and new supply additions are set to taper over the next year. Thus, the vacancy ra...
Southwestern Idaho driving state's ongoing population surge
Most people moving into the Gem State are landing in the greater Boise area
The Gem State’s population surpassed the 2 million mark in 2024 for the first time, indicating a change of over 30,000 people.
Job growth in Boise, Idaho, outperformed the nation in many sectors last year
Boise saw continued strong gains in the education and health sector, along with construction
The non-seasonally adjusted employment data for Boise, Idaho, from the U.S. Bureau of Labor Statistics indicates the metropolitan area added 9,400 jobs during 2024. This equates to...