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CUSHMAN & WAKEFIELD PACIFIC’S Q2 2020 IDAHO RETAIL MARKETBEAT REPORT

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On August 3rd, 2020

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Market Reports

CUSHMAN & WAKEFIELD PACIFIC’S Q2 2020 IDAHO RETAIL MARKETBEAT REPORT

2020 will be a year to remember in every way and commercial real estate is no exception. When the official shutdown occurred in Idaho, retail saw a slight pause on some transactions which made a strong revival in April. Since then we have seen no shortage of visitors to Idaho who are no doubt scouting out the area for a permanent relocation. In mid-May, Boise was named as a top 10 Cities best positioned to recover from Coronavirus. https://www.forbes.com/sites/laurabegleybloom/2020/05/12/ranked-us-citiescoronavirus- recovery/#46ead0b1de92. Since then, our cases have soared which effects are yet to be seen. One thing remains certain, Idaho continues to be an attractive market for in-migration and our prediction is that this will not only continue but explode the population of Idaho which will have many long-term effects on the demand for commercial real estate.

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bakersfield office

5060 California Ave
Suite 1000
Bakersfield, Ca 93309
(661) 327-2263
Brokerage License # 01919464

boise office

999 West Main Street
Suite 1300
Boise, ID 83702
(208) 287-9500
Brokerage License # LC45095

fresno office

9 River Park Place East
Suite 101
Fresno, Ca 93720
(559) 433-3500
Brokerage License # 01919464

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