Spokane’s office market held remarkably steady in Q2 2026, with vacancy at just 7.2% — less than half the national rate.
Here’s what it means if you own or lease space locally: because Spokane never overbuilt, existing owners are insulated, and the deals getting done are medical offices and owner-user purchases. It’s a market rewarding stability and in-place income over speculation.
Spokane retail vacancy sat at 5.3% in Q2 2026 — and it’s finally ticking down. Behind the softest-looking absorption number in years is a single story: a 146,000-SF Burlington that became a self-storage facility.
Beneath a soft headline, Spokane retail is quietly stabilizing — and the reason is a construction pipeline near historic lows.
Spokane’s industrial vacancy rate was 6.1% in Q2 2026, up roughly 20 basis points year over year but still below the 7.5% U.S. industrial average…
Spokane’s multifamily vacancy rate was 7.3% in Q2 2026, essentially flat year over year, while asking rents rose just 0.6% to $1,395 per unit (CoStar)….
The Coeur d’Alene office market closed Q2 2026 with a 4.0% vacancy rate, down about 170 basis points year over year and roughly a quarter…
As of the close of Q2 2026, the Coeur d’Alene industrial market had a vacancy rate of 6.9%, in line with the national industrial rate,…
As of the close of Q2 2026, the Coeur d’Alene retail market had a vacancy rate of approximately 1.0% — near a historic low and…
As of the close of Q2 2026, Coeur d’Alene’s multifamily vacancy fell to 6.8% (down ~280 bps year over year), market asking rent reached $1,619/month…
Turnkey ±3,189 SF retail space for lease at The Village at Riverstone — Coeur d’Alene’s premier mixed-use lifestyle center. $22/SF NNN, available October 1, 2026. Combinable with adjacent space for up to ±9,000 SF contiguous.
Coeur d’Alene industrial vacancy held at 6.4% in Q1 2026, but rents declined 0.7% YOY — the first decline in over a decade. Why this pause is a buy signal, not a sell signal.