Missoula Apartment Market Report-Q2 2019
How does the Missoula apartment market look and where is it going? Historically, warm weather outside has equated to tighter inventory in the Missoula apartment market. This trend has continued in 2019, with the overall vacancy rate across all units dropping from 5.99 in Q1 to 4.74% for Q2. This closely mirrors regional trends in […]
Leasing Commercial Space: Avoid These Mistakes
Avoid missteps when leasing commercial space in Missoula. Claire Matten, CCIM shares her expertise. Your growing business is at the point where it’s time to find a brick-and-mortar location to call your own. Congratulations – you are ready for leasing commercial space! The excitement and adrenaline rush of the untapped potential of your future can […]
Job Growth Can Impact Investment Strategy
MARKET WATCH MINUTE – brought to you by Sterling CRE Advisors Why do communities compete for companies to move to their area? Ever wonder why there was so much media coverage surrounding the Amazon HQ2 location decision? There’s no question that large companies expanding or relocating to certain areas brings job growth and hopefully a […]
Fire Sale or Feeding Frenzy? Missoula Office & Retail Market Update
Missoula’s office and retail markets experienced healthy sale and leasing activity throughout 2018. At year-end there were sixty-eight (68) transactions recorded between both property types with thirty-four (34) transactions dedicated to retail properties and thirty-four (34) acquisitions attributed to office buildings. MISSOULA OFFICE MARKET UPDATE The median sale price per square foot for office property […]
Commercial Property Owners Can Benefit from Rebate Programs
It’s Good For Your Business And The Bottom Line Commercial property owners spend a lot of time thinking about ways to increase NOI. Taking advantage of incentives offered by utility companies is one way to improve your bottom line. And, leveraging program contractor services can be a great way to achieve this so you can […]
Why You Should Shift Your Focus From “Full Occupancy” to “Full Profit”
MARKET WATCH MINUTE – brought to you by Sterling CRE Advisors by Claire Matten, Sterling CRE Advisor – as seen at Missoula Market Watch 2019 Full Occupancy or Full Profit? A concept that is often overlooked by many investors is Physical Occupancy vs. Economic Occupancy. Your goal as an operator/investor should be “optimum occupancy” or […]
3rd Annual Missoula Market Watch
Should you buy apartments as an investment? Or, are there already too many apartment buildings? What about industrial? How much new commercial space came online in 2018? What’s coming in 2019 and what should you watch out for? At Missoula Market Watch 2019 this past Wednesday, we presented a summary of our on-going research into the local investment […]