Looking back on 2024, Missoula’s industrial and self-storage markets faced a year of recalibration amidst rising interest rates and cautious investment activity.
The industrial sector saw limited transaction volume but is positioned for growth in 2025. Expanding infrastructure and new industrial land availability are paving the way for more opportunities, with developers showing increased interest in speculative projects to meet tenant demand.
For self-storage, a sharp decline in transactions marked the year as buyers and sellers struggled to align on pricing. Development also slowed due to high construction costs and stagnant rent growth, but with material costs easing and labor availability improving, the outlook for 2025 is more optimistic.
Having the right insights is essential as markets evolve. Connect with SterlingCRE Advisors to explore opportunities and craft strategies for success in the year ahead.
