Market Reports & Articles

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 […]

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Inside MT Retail: Southgate Mall Thrives Amid Changes in Retail

https://youtu.be/8VuGZV1RS5E 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

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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 Operating

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Grass Valley Gardens & Industrial Park: A Future Town Center for Commerce, Industry, and Living

Grass Valley Gardens and Grass Valley Industrial Park are poised to become cornerstone developments in Missoula, offering a forward-looking mix of residential, commercial, and industrial spaces designed to meet the region’s growing needs. As these projects advance through the planning stages, opportunities will emerge for investors, developers, businesses, and homeowners to secure a foothold in

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Missoula Multifamily Update Q3 2024

Missoula Multifamily Update | Q2 2024 Stay Informed on Missoula’s Multifamily Market This comprehensive report delivers critical insights and strategic analysis on Missoula’s multifamily market, designed to equip you with the knowledge needed to make informed investment decisions. What You’ll Discover in the Report Rent and Occupancy Trends: Detailed analysis of current rent levels and

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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

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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

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Key Buying Strategies for Success in Bozeman’s Multifamily Market

As Bozeman’s multifamily market grows increasingly competitive, investors need a strategic approach to ensure success. SterlingCRE Advisors’ Casey Rose, CCIM emphasizes the importance of selectivity in location and property characteristics. With rising vacancy rates and an influx of new supply, understanding market dynamics and leveraging off-market opportunities are crucial. Here are key considerations to help

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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

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