Grass Valley Industrial Park: Solving Missoula’s Need for Industrial Land
Grass Valley Industrial Park (GVIP) is Missoula’s answer to the pressing demand for industrial land. GVIP offers a rare opportunity: industrial lots with access to municipal-level utilities near the I-90 and US-93 interchanges. High Demand for Industrial Land Demand for industrial land in Missoula is through the roof, with over 200 acres transacting in the last […]
Montana Knife Company Expands to The Wye with SterlingCRE Advisors’ Guidance
SterlingCRE Advisors is excited to share in the celebration of Montana Knife Company’s recent groundbreaking at their new facility located in The Wye. As a leading Missoula-based manufacturer known for their high-quality, precision-crafted knives, Montana Knife Company is poised for significant expansion, and we are proud to have played a key role in helping them […]
Missoula 2045 Land Use Plan: Identifying Future Opportunities for Commercial Real Estate
The latest draft of the Missoula 2045 Land Use Plan offers a vision that emphasizes balanced growth, sustainability, and resilience. The purpose of this plan is to guide future land use and growth in Missoula through a clear set of policies and strategies to support a thriving, sustainable community. The plan reflects changes in Missoula’s population […]
SterlingCRE’s 8th Annual Missoula MarketWatch Event Shows Low Commercial Space Availability, Ballooning Apartment Deliveries
Missoula, MT—Sterling Commercial Real Estate Advisors hosted its annual MarketWatch event on Wednesday, March 6th, at the Florence Building in downtown Missoula. The event attracted over 120 participants, including business leaders and community stakeholders, who gathered to discuss the latest trends in Missoula’s commercial real estate market. The research department at SterlingCRE, led by Data […]
Build-to-Suit: What Does That Even Mean?
Have you ever driven around Montana and seen a “build-to-suit” sign on a piece of land and wondered what it meant? Why you should care? Are you tirelessly searching for the perfect commercial space for your business, facing an uphill battle finding a building that works? If so, the concept of build-to-suit should pique your […]
Maximizing Tax Benefits: Comparing 1031 Exchanges and Opportunity Zones in Montana
How Investors Can Use Opportunity Zones and 1031 Exchanges to Their Advantage Which one works best for your particular situation? In the past few years, much has been discussed about the potential opportunities for investors through Opportunity Zones, especially in cities like Missoula, Kalispell, Bozeman, and other locations across Montana. These designated Opportunity Zones have […]
Understanding Infrastructure’s Impact on Commercial Land Values
Montana commercial land prices show significant variation, ranging from= $10,000 to over $4.5 million per acre in the first half of 2023. Many factors influence these prices, including location and parcel size. A key factor in determining land prices is the availability of infrastructure. What is Infrastructure? Infrastructure encompasses facilities and systems that are essential […]
Montana Positioned to Benefit from Onshoring
Matt Mellott, Advisor It’s official – the warehouse and industrial real estate market is feeling the impact of onshoring. You may be asking: on-what now? Onshoring is a recent phenomenon in which manufacturers and distributors are bringing their products — and distribution networks — back to the United States in response to recent transportation shocks and […]
Spec Build Strategy Shifts
Matt Mellott, CCIM/SIOR The Society of Industrial and Office Realtors, a global commercial real estate industry credentialing association, hosted its annual conference in late Fall 2022. Matt Mellott attended, with one looming takeaway with considerable implications for industrial development across Montana and the rest of the country. Industry experts warned that bank financing for speculative […]
Build to Suit Montana | How Does that Work?
Have you ever noticed that almost every Walgreens or standalone Starbucks looks the same, no matter the location? That’s because these buildings are typically developed through a method known as Build to Suit (BTS). In Montana, the concept of BTS is gaining traction, particularly as more land offerings include it as a key feature. But what exactly is BTS?
