Key takeaways

  • The Treasure Valley joins the ranks of other high-growth cities like Portland and Austin, which are experiencing steady cyclical low vacancies below 10%.
  • A new 63,000 square foot Albertsons on Broadway is set to open in June
  • It is possible that an Amazon warehouse could be coming to Nampa, as a conditional use permit has been submitted by the developer
  • Economic growth in 2018 is expected to be the strongest in three years. With unemployment at historic lows (3.8% in May) and the available pool of works shrinking- job growth is slowing, particularly in the office using sectors