From Marine Corps to Montana Real Estate: Matt Mellott on The Missoula Podcast
https://www.youtube.com/watch?v=posyEaPJLNU A recent episode of The Missoula Podcast features SterlingCRE Founder and Managing Partner Matt Mellott, sharing his unique journey and insights into Missoula’s growth and the future of commercial real estate in Montana. A Vision for Growth Matt’s story is anything but ordinary. Before launching Montana’s leading commercial real estate firms, Matt served as a […]
2024 in Review – Missoula Multifamily
https://youtu.be/VhbemFZ8y4k The multifamily market in Missoula has been relatively quiet in terms of investment sales, with limited new development over the past year. High borrowing costs and mismatched pricing expectations have kept transaction activity low. However, signs of change are emerging. With vacancies tightening and rents showing upward momentum, the market could see renewed interest […]
2024 in Review – Missoula Land
https://youtu.be/LYttHDKcals In 2024, large tracts of land—whether for residential, industrial, or mixed-use projects—have seen steady activity, with buyers focused on adding value through entitlements. On the other hand, high-priced, fully-entitled parcels have faced slower demand, with interest but limited transactions. As we move into 2025, low vacancy rates across sectors are expected to fuel more […]
Grass Valley Industrial Park: Solving Missoula’s Need for Industrial Land
Grass Valley Industrial Park (GVIP) is Missoula’s answer to the pressing demand for industrial land. GVIP offers a rare opportunity: industrial lots with access to municipal-level utilities near the I-90 and US-93 interchanges. High Demand for Industrial Land Demand for industrial land in Missoula is through the roof, with over 200 acres transacting in the last […]
Montana Knife Company Expands to The Wye with SterlingCRE Advisors’ Guidance
SterlingCRE Advisors is excited to share in the celebration of Montana Knife Company’s recent groundbreaking at their new facility located in The Wye. As a leading Missoula-based manufacturer known for their high-quality, precision-crafted knives, Montana Knife Company is poised for significant expansion, and we are proud to have played a key role in helping them […]
Missoula 2045 Land Use Plan: Identifying Future Opportunities for Commercial Real Estate
The latest draft of the Missoula 2045 Land Use Plan offers a vision that emphasizes balanced growth, sustainability, and resilience. The purpose of this plan is to guide future land use and growth in Missoula through a clear set of policies and strategies to support a thriving, sustainable community. The plan reflects changes in Missoula’s population […]
SterlingCRE’s 8th Annual Missoula MarketWatch Event Shows Low Commercial Space Availability, Ballooning Apartment Deliveries
Missoula, MT—Sterling Commercial Real Estate Advisors hosted its annual MarketWatch event on Wednesday, March 6th, at the Florence Building in downtown Missoula. The event attracted over 120 participants, including business leaders and community stakeholders, who gathered to discuss the latest trends in Missoula’s commercial real estate market. The research department at SterlingCRE, led by Data […]
Build-to-Suit: What Does That Even Mean?
Have you ever driven around Montana and seen a “build-to-suit” sign on a piece of land and wondered what it meant? Why you should care? Are you tirelessly searching for the perfect commercial space for your business, facing an uphill battle finding a building that works? If so, the concept of build-to-suit should pique your […]
Maximizing Tax Benefits: Comparing 1031 Exchanges and Opportunity Zones in Montana
How Investors Can Use Opportunity Zones and 1031 Exchanges to Their Advantage Which one works best for your particular situation? In the past few years, much has been discussed about the potential opportunities for investors through Opportunity Zones, especially in cities like Missoula, Kalispell, Bozeman, and other locations across Montana. These designated Opportunity Zones have […]
Understanding Infrastructure’s Impact on Commercial Land Values
Montana commercial land prices show significant variation, ranging from= $10,000 to over $4.5 million per acre in the first half of 2023. Many factors influence these prices, including location and parcel size. A key factor in determining land prices is the availability of infrastructure. What is Infrastructure? Infrastructure encompasses facilities and systems that are essential […]
