2024 in Review – Missoula Retail and Office

https://youtu.be/l9Hb_Da4RRo As we wrap up 2024, the retail and office markets in Missoula showed resilience in the face of some serious challenges. Retailers dealt with high construction costs, elevated interest rates, and persistent staffing pressures, but the story isn’t all tough news. Many businesses in Missoula are thriving, with strong in-store sales driving plans for […]

The Timeline for Finding and Buying Commercial Property for Your Business

When searching for the right commercial property for your business, timing, preparation, and expert guidance make all the difference. The process of securing a commercial property is complex and full of factors that impact your investment. Working with an experienced commercial real estate advisor like SterlingCRE Advisors gives you the insights and expertise needed to […]

2024 Missoula Office Market Trends: Flight to Quality

Missoula’s office space market has undergone significant changes in recent years, with a notable shift towards what industry experts call a “flight to quality.” This trend, which has gained momentum over the last two years, reflects tenants’ growing preference for high-quality office spaces that offer modern amenities, ample parking, and attractive build-outs. To remain competitive […]

Inside MT Retail: Southgate Mall Thrives Amid Changes in Retail

In this episode of Inside Montana Retail, Connor McMahon of SterlingCRE Advisors sits down with Tim Winger, the Property Manager of Southgate Mall, to explore the evolving world of retail real estate. Despite widespread media reports about the decline of malls, Southgate Mall in Missoula, MT, continues to thrive. Discover the unique factors driving the […]

2024 Retail Trends: Fresh Concepts Winning the Space Race

In Missoula and across Western Montana, retail space has been scarce for years, with vacancy rates stubbornly low, hovering between 2% and 3%. This creates a competitive landscape for businesses seeking prime locations, giving landlords the ability to be more selective about who they lease to. The key trend we’re seeing? It’s not just about […]