Most office demand in Missoula right now comes from churn. Tenants aren’t expanding, they’re moving out of space that no longer works and looking for a better fit at renewal. That changes what it takes to lease a building, and what a building is worth when it sells.
Our latest report breaks down the trends shaping the Missoula office market, including:
SterlingCRE Advisors tracks office sales and leases across Missoula County. This report puts a year of that data in context: sales pricing and days on market by submarket, lease size trends, the construction pipeline, and the triple net pressure tenants are feeling.
Owners use it to price space and time a sale. Tenants use it to plan for renewal. Investors use it to underwrite.