Understanding Infrastructure’s Impact on Commercial Land Values
Montana commercial land prices show significant variation, ranging from $10,000 to over $4.5million per acre in the first half of 2023. Many factors influence these prices, including locationand 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 for a community. […]
Do Commercial Real Estate Agents Need a Special License?
If you’re considering buying, selling, or leasing commercial property, you may be wondering if you need to find an agent with a special commercial real estate license. In Montana, there is no specific credential required to buy, sell, or lease commercial real estate besides a basic real estate license – the same license that residential […]
Opportunity Zones in Practice
Are you interested in learning about Opportunity Zones? Since we often hear the question, “So, How Does That Work?,” we have produced a new series to help clarify some common terms and ideas used in Commercial Real Estate investing. Our first episode touches on Opportunity Zones – what are they, what are the rules, what’s […]
No Crystal Ball? How the Real Estate Demand Model Can Help Forecast Opportunities
Stay Ahead of the Real Estate Cycle, Use Economic Base Analysis You’ve no doubt heard and read all of the news about existing Missoula companies expanding along with additional firms looking to expand into our market. Savvy investors and developers pay very close attention to job growth trends to forecast where opportunities will likely be […]
How “007” Killed the Triple-Net Lease
by Ross P. Keogh, MA, JD | Worden Thane P.C. Triple-net leases are everywhere; and why not? They allow for owners of real property to keep their hands clean while enjoying a return on their capital. With the right tenant—and property—investors can sit back and enjoy a stream of rents just fat enough to offset the […]
Emerging Trends Report on Commercial Real Estate – How does Montana fit in?
by Matt Mellott, CCIM Skate to where the puck is going, not where it has been. Though perhaps the most overused cliche in all of business, this is the key to success in most predictive investment ventures. To do that, you as a commercial real estate investor, owner-occupant or tenant need to keep your eye on […]
Q3 Self Storage Snapshot – Sterling CRE Research
An Overview of the Local and National Self-Storage Investment Marketplace in Missoula and Surrounding Marketsby Claire Matten, Advisor, Sterling CRE Advisors Investors Look For Opportunity in Montana Self-StorageAccess to capital and financing for new development continues to be available, however there are signs in larger markets that development yields are tightening. Costs of construction, rising interest […]
SELF STORAGE INVESTMENT REPORT – Q1 2018
An Overview of the Local and National Self-Storage Investment Marketplace in Missoula and Surrounding Markets by Claire Matten, Advisor, Sterling CRE Advisors Pent-up demand in the fast-growing self storage investment market is encouraging the development of new facilities. Understanding the design features which help attract self storage customers to your development is imperative amid the […]
Business Owners: Why You Need a Tenant Rep
If you’re in business, odds are that your lease payment is the biggest line item in your budget. Rarely does anything else impact your bottom line as much. Getting the right lease on the right terms can make or break your business. And having a professional represent your side in a lease negotiation usually costs […]