Bozeman’s Zoning Code Update: Key Impacts for Property Owners, Investors, and Developers
A closer look at how proposed zoning changes shift density, permitted uses, and development potential across Bozeman, Montana and what commercial real estae stakeholders should evaluate as the update moves toward adoption.
Bozeman Office Update Q3 2025
Bozeman’s office market is shifting, and decision-makers are reassessing their strategies as new supply, evolving tenant expectations, and selective investment activity reshape the market.
What the 2025 Montana Tax Mis-step Means for Multifamily Owners
Montana’s new property tax reform was meant to bring clarity and relief after several volatile assessment cycles. Instead, a late-session drafting mistake has added new uncertainty, particularly for multifamily property owners. As reported by the Missoulian, an error in the final version of the 2025 tax legislation unintentionally raised the tax rate on multifamily parcels […]
Montana Quarterly Business Review
Your quarterly briefing on workforce, development, and commercial real estate trends across Montana, built for business owners, investors, and community leaders.
2025 Bozeman Multifamily Market: Vacancy, Leasing, and Development Trends
Make no mistake—there are a lot of vacant multifamily units in the Bozeman market right now. But it’s important to understand the source of that vacancy. When it’s driven by new supply, it can be worked through over time. If it’s due to a lack of demand, that’s a much more serious concern. In Bozeman’s […]
Bozeman Industrial Update Q2 2025
Our latest Bozeman Industrial Market Update offers essential insights into what’s driving demand across Gallatin County. Whether you’re an investor, owner-occupier, or tenant, this report will help you plan your next move with confidence.
Bozeman Office Mid-Year Outlook 2025: Thinking About New Office Space in Bozeman? Now Might Be the Time
With vacancy sitting at 8.3%, Bozeman’s office market offers a rare opening for tenants. For businesses looking to upgrade, relocate, or open their first office, there are more options on the table than we’ve seen in recent years—including hard-to-find downtown space. More Choices, Including Downtown Historically, finding office space in downtown Bozeman has been a […]
Bozeman Office Mid-Year Outlook 2025: Slower Decision Cycles Call for Active Leasing Strategies
The office market in Gallatin County remains relatively steady, with current vacancy sitting at 8.3%. While that’s slightly elevated from historic lows, it hasn’t shifted drastically over the past few years. Caution Slows New Development Although several projects are in the planning stage, many are likely to be paused as economic uncertainty weighs on development […]
Bozeman Industrial Mid-Year Update 2025: Stability with Selective Opportunities
In Gallatin Valley, industrial vacancy is holding steady at around 7%, a level that reflects a relatively healthy market amid ongoing economic uncertainty. The vacancy rate has remained stable in part because many of the new industrial projects over the past two years have been smaller condo-style units. In contrast, larger warehouse spaces, typically over […]
Bozeman Retail Mid-Year Outlook 2025: Low Vacancy, High Demand, and Belgrade’s Rising Profile
Bozeman’s retail sector continues to lead the local commercial real estate market. With a vacancy rate of just 2.65% over the past 12 months, retail space is extremely limited—and that tight supply is expected to persist in the near term, despite a pipeline of new projects. Rents Rising With Construction Costs Inside Bozeman city limits, […]
