2024 in Review – Missoula Industrial and Montana Self-Storage
https://youtu.be/A6uKoDfL4sQ 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 […]
Missoula Blackfoot Commerce Center: A New Hub for Industrial and Commercial Growth
The Missoula Blackfoot Commerce Center (MBCC) is at the forefront of Montana’s industrial and commercial expansion. Located at the east entrance of Missoula in Bonner, Montana, MBCC offers flexible, industrial-ready land in a prime location near key transportation routes. As part of the Bonner West Log Yard Targeted Economic Development District (TEDD), MBCC benefits from local incentives […]
2024 Montana Self-Storage Trends: Operating Costs & Insurance
Operating expenses have become a significant challenge in the underwriting process for self-storage facilities in Montana. Over the years, property taxes have been a focal point, but recently, insurance premiums have also experienced substantial increases. Here are some key insights and strategies to help you navigate these challenges and make informed investment decisions. https://youtu.be/tQHgRcQMgas Rising […]
2024 Montana Self-Storage Trends: Softening Rent Growth
The Montana self-storage market, like many others across the nation, has experienced a notable shift in rent growth trends. During the COVID-19 migration period between 2020 and 2022, rent growth surged, with percentage increases reaching double digits. However, as we move forward, it is crucial to adjust our projections and underwriting to align with current […]
2024 Montana Self Storage Trends: Navigating Occupancy Fluctuations
The Montana self storage market has experienced notable shifts over the past few years. Influenced by various economic and social factors, these changes present both challenges and opportunities. Here are some key trends and issues you should consider to navigate this evolving asset class.https://youtu.be/OMCx05DJyE4?si=5_zJ17NmubQ-cubo Resurgence of Occupancy Fluctuations One of the most significant trends in […]
Finding Industrial Space in Montana: Opportunities and Insights for Businesses and Investors
Finding Industrial Space in Montana: Opportunities and Insights for Businesses and Investors Navigating the industrial real estate market in Montana requires a deep understanding of local dynamics, strategic selection of geographic location, and careful consideration of your specific property requirements. This comprehensive guide is designed to assist businesses in expanding or relocating their operations, as […]
1031 Alternatives | 5 Reasons to Invest in DST’s
Capital market volatility and rising interest rates paired with unchanged seller pricing expectations from the 2021 era (when the cost of capital was much lower) is making it challenging for exchange buyers to locate quality “like kind” properties for their investment upleg. One option to include in your identification process could be a Delaware Statutory […]
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 […]
Missoula Industrial 2023 Trends
Missoula Industrial 2023 Montana industrial product continues to hold a position in the spotlight – with Missoula industrial product showing gains. The tremendous growth in e-commerce has been the primary driver of the push on industrial product, as e-commerce propelled major warehouse and distribution expansion across the nation – including Montana. E-commerce currently accounts for […]
Missoula CRE 2023 | Midyear Update
Over the past nine months, the residential and commercial real estate sectors have experienced significant changes. Today, we’re diving into the factors behind the current economic conditions in Missoula and considering what’s happening in the national CRE markets. Office spaces have been heavily impacted by the COVID-19 pandemic and the rise of hybrid work environments. […]
