2025 Year in Review: Missoula Industrial

Missoula’s industrial market shifted meaningfully in 2025, and the implications heading into 2026 warrant a closer look. In this year-in-review video, Claire Matten breaks down the drivers behind rising vacancy, the recalibration of lease rates, and why much of the recent availability is tied to one-time closures rather than a structural drop in demand. She also outlines how obsolescence, construction costs, and user requirements are influencing both leasing and sales decisions across the county.

Claire provides a clear, data-informed perspective on what these trends mean for owners, users, and developers as absorption accelerates and small-bay opportunities come into focus. Watch the full recap for a concise walkthrough of 2025 performance and a forward-looking outlook on where the Missoula industrial market is positioned for 2026.

Claire Matten, CCIM/SIOR

Claire Matten, CCIM | SIOR, is a Partner and Commercial Real Estate Broker at SterlingCRE Advisors, with a proven track record that includes over $500 million in team transactions. Specializing in industrial development, commercial office spaces, and self-storage properties, Claire ensures every project is executed with precision.
Q4 2025

Montana Quarterly Business Review

SterlingCRE Advisors
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