Dr. Drey Campbell, CCIM, CRE Principal With Lee and Associates Idaho LLC

Dr. Drey Campbell, CCIM, CRE Principal With Lee and Associates Idaho LLC Award Winning Local full service commercial real estate Principal In Boise, ID who WILL find the deal

Drey Campbell works with Lee and Associates Idaho, a full service commercial real estate company located in Boise, Idaho servicing the Treasure Valley and Southern Idaho. Lee specializes in sales, leasing, and investment services of commercial properties. They also offer due diligence analysis, site selection, and development consulting services. He also co-hosts the TVCRE Podcast: https://tvcrepodcast.buzzsprout.com/

06/18/2026

Idaho MF Update, 2026. The / apartment market just turned a corner. After two years absorbing one of the most aggressive construction booms in its history, vacancy fell to 7.7% in 2025 — down from 10.6% the year before. Stabilized vacancy sits closer to 5%. Rents are growing again too, closing the year at $1,540/unit.
The bigger signal is the pipeline: units under construction dropped to just 2.9% of inventory, the lowest reading since 2013 and a steep fall from 16.7% in early 2023. Fewer new units, steady population growth (2.6%), 3.5% unemployment, and 10,300+ new jobs are setting up a faster recovery than most peer markets.
Capital is noticing — recent trades on Prelude at Paramount, the Boise Telluride, and Sleepy Hollow show investors re-engaging, AND there are a couple more prominent deals coming to market this quarter.
Vacancy is declining. Rent growth is recovering. The pipeline is at a decade low. The cycle has turned.

I had a great time at the annual BOMA Idaho co****le tournament! Tayler and I were able to reignite the fire from the i...
06/17/2026

I had a great time at the annual BOMA Idaho co****le tournament! Tayler and I were able to reignite the fire from the inaugural tournament championship run and win it again! BOMA does such a great job at their events and I can tell you that they are not easy to set up and run! Thanks to all the volunteers and people who make it happen in our market bringing relationship to the forefront of what we do and what makes special.

Being on the The CCIM Institute Board in Idaho has been a blessing! Next year, as the incoming president, I hope to ca...
06/11/2026

Being on the The CCIM Institute Board in Idaho has been a blessing! Next year, as the incoming president, I hope to carry to torch well for the CCIM Idaho Chapter. The education, experience, and camaraderie of this organization is like no other.

06/07/2026

Our path is never straight.

06/06/2026

My strangest career qualifier for commercial real estate?
A master's in clinical social work.

Before I was closing deals inTreasure Valley, I was a professor with a and a licensed clinical therapist. People hear that and wonder how I ended up here.
The honest answer: the path was never linear — but the through-line was always the same. Helping people navigate high-stakes, emotionally charged situations.

Because here's what most people don't realize about commercial real estate: the spreadsheets are the easy part. It's the 11pm phone call where someone is ready to blow up a deal over principle, not logic, that separates brokers.

I've had people scream at me. I've been threatened in the heat of a negotiation. And every single time, the training that kept me calm wasn't a real estate course — it was years of sitting across from people in genuine crisis and learning how to stay grounded when they couldn't.

De-escalation. Active listening. Knowing when someone needs to feel heard before they can think clearly. These have been essential.

Your first career doesn't determine your last. Mine took me from a clinical practice to a classroom to a commercial brokerage — and the common thread in all three is authentic service to people in moments that matter to them.

If you're working through a significant real estate decision in Idaho, I'd be glad to bring all of it to the table.
📍 Lee & Associates Idaho LLC
🔗 creidaho.com | 208.440.1926

I am pleased to present a 36.15-acre developmentopportunity in the heart of the Treasure Valley. Held by the same fami...
06/04/2026

I am pleased to present a 36.15-acre development
opportunity in the heart of the Treasure Valley. Held by the same family for over
100 years, this property comes to market at a pivotal time in the region’s industrial
growth.
Currently zoned Agricultural, the site is designated for Future Industrial Land Use
under 's 2030 Comprehensive Plan and is well-positioned for industrial
development or assemblage with neighboring parcels.
With active rights, on-site power, and close proximity to major industrial
employers including J.R. Simplot, the site offers a strong foundation for future
development.

PROPERTY HIGHLIGHTS
» Available for the first time in over 100 years, offering a prime industrial
development site.
» Identified for industrial growth under Caldwell’s 2030 Comprehensive Plan.
» Relatively flat terrain, uniform topography, vastly reducing initial civil engineering,
grading, and dirt-work costs for large-footprint industrial pads.
» Includes active water rights and existing on-site power.
» Positioned directly in the path of Canyon County’s westward industrial expansion,
capturing overflow demand from tight Boise and Meridian submarkets.
» Near the Simplot facility and key industrial transportation corridors.

06/04/2026

U.S. apartment rents ticked up 0.2% in May, matching April's pace. While a sixth consecutive month of growth shows the market is stable, it's tracking below historical spring averages. Why? It’s all about inventory.

Key takeaways from the latest data:

Midwest & Northeast Rule YoY Growth: The Midwest (+2.0%) and Northeast (+1.3%) are leading the charge due to limited new construction.

Demand is steady, but supply remains the dominant force dictating rent growth. Investors targeting yield are increasingly looking toward supply-constrained regions, like the Treasure Valley!

I am pleased to present the Smokejumper Tiny Home Resort, a fully entitled boutique hospitality asset located in the hig...
05/11/2026

I am pleased to present the Smokejumper Tiny Home Resort, a fully entitled boutique hospitality asset located in the high-barrier leisure market of . This offering presents a rare opportunity to acquire fee-simple real estate paired with a nationally recognized brand and a scalable growth platform.

The 1.53-acre property features nine on permanent foundations, built with cohesive architecture for year-round occupancy. A 1,200 SF commercial building supports operations with a guest laundry room and a separate laundry suite for staff. The building also includes a fully finished studio apartment with a kitchenette and full bathroom, while the front half provides significant value-add potential for a future commercial venue like a coffee shop or café.

The asset demonstrates strong financial performance, with net operating income (NOI) increasing approximately 52% year-over-year from 2024 to 2025. An additional ±0.25 acres provides expansion potential for two to four units or an event venue. With a strong social media presence and national television exposure, the property is well positioned to capitalize on growing demand for experiential travel in the Boise MSA.

Permanent Units: 9 fee-simple luxury units with smart-glass, modern finishes, and four-season climate control.
Support Facilities: 1,200 SF support building (manager’s studio, laundry, storage).
Backup Power: Full standby generator ensures uninterrupted operations.
NOI Growth: $196,083 (2025), +52% YoY
Expansion Potential: ±0.25 acres for expansion (units, spa, or retreat).
Brand Strength: 4.9-star rating (327 reviews) + ~40K social reach.
Location: Prime location near Boise; benefits from Micron’s $15B expansion.
Media Exposure: Recognized as a “Top Wild West Vacation Rental Destination” on

I am pleased to present a prime ±8.994-acre development comprised of two contiguous parcels in one of Idaho’s fastes...
05/04/2026

I am pleased to present a prime ±8.994-acre development comprised of two contiguous parcels in one of Idaho’s fastest-growing corridors. Positioned directly on State Hwy. 55 (Karcher Rd.), the site offers excellent visibility and immediate access to the I-84 interchange and the nearby Treasure Valley Marketplace.
Surrounded by strong growth, the property is just minutes from a new flagship store and the future Idaho , key developments that drive daily traffic and signal long-term confidence in the area.
Zoned Business Commercial (BC), the site allows for a wide range of high-density
uses, including retail, office, and multifamily development. With continued
population growth across the Treasure Valley, this is a rare opportunity to secure
scale in a high-demand market.

Visit the link for more information!
https://tinyurl.com/2p9kh2rk
www.creidaho.com

04/30/2026

is a investment that has not gone away. No Distractions. No Kids pulling on your pant legs. No incessant itch to clean the microwave..pure work. Look at , Look at the BVA suites. We are underbuilt when it comes to Office in the Treasure Valley, . The flight to quality is real and you can capitalize on it.

Address

1161 W River Street
Boise, ID
83702

Telephone

+12084401926

Website

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