Industry Experts

Downsizing Tenants? Here Are Some Options

The rise in workplace flexibility is prompting tenants to reconsider their space requirements. Some are choosing to stay put, anticipating that future growth will fill the extra space. Others are reconfiguring their offices to accommodate more meetings, collaboration, and events. Many are looking for upgraded spaces to lure workers back to their desks. Companies committed […]

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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

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Understanding Infrastructure’s Impact on Commercial Land Values

Montana commercial land prices show significant variation, ranging from $10,000 to over $4.5million per acre in the first half of 2023. Many factors influence these prices, including locationand 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 for a community.

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SterlingCRE Weighs In: Fed’s Interest Rate Shift

In 2023, the Sterling brokerage team remained actively engaged in leasing, land sales, and catering to owner-occupier sales. The steady flow of transactions throughout the year was sustained by Montana’s robust economic prospects.   However, investment activity experienced a decline due to increased borrowing costs, making investments more challenging. Sellers, buoyed by recent substantial gains

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Local Shops Make Holidays Shine

According to a recent informal poll conducted by the Sterling team, downtown small businesses are the preferred Christmas shopping destination among our friends in Montana.   This preference isn’t surprising, as downtown areas, whether big or small, throughout the Big Sky state go all out to transform holiday shopping into a festive and enjoyable experience.

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What’s Up With The Bozeman Boom?

Bozeman’s base economic sectors are pivotal drivers of its growth, shaping its prosperity. Industries constituting the core economy bring external revenue into the local community. This fosters the growth of other businesses within the region. In a previous blog post, we looked at the importance of understanding a community’s economic dynamics before making real estate

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Can You Use Your Short Term Rental for a 1031 Exchange?

If you own a short-term rental property in Montana, you might be aware of recent discussions regarding the prohibition of certain types of short term rentals (STRs) in residential neighborhoods of Bozeman. Similar regulations are being considered in Missoula too.   The issue will involve an interpretation of the zoning code, likely leading to legal

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Risky Business | 3 Options To Make A Property Use Legal

You’ve found an ideal property – the right location, the perfect building, and even a warehouse for storage, all within your budget. But there’s a snag: your broker informs you that your business isn’t permitted under the current zoning. In a less competitive market, you’d simply look for another property. However, in a tight market,

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