Missoula Land in 2025: When the Numbers Don’t Work
Land is always a big part of the real estate conversation in Missoula. But lately, many developers are saying the same thing: “Even if the land were free, we still couldn’t make the project work.” That’s a clear sign something has shifted. In 2025, land sales haven’t stopped—but they’ve slowed. Projects are harder to pencil, […]
Amazing Places in Commercial Spaces: Double K Ranch Deli Expands in Midtown Missoula
In the heart of Midtown Missoula, nestled next to local favorites like Big Dipper Ice Cream and The Dram Shop, Double K Ranch Deli is proving what happens when the right business finds the right space. Since opening its original shop in 2022 at 2700 Paxson Street, Suite B, Double K Ranch has quickly become […]
Jobs, Wages, and Housing: The Forces Shaping Missoula Commercial Real Estate
In commercial real estate, long-term value is driven by more than just square footage and cap rates. At its core, CRE value follows productivity—and productivity depends on people. That’s why understanding the economic pulse of a market like Missoula is essential for smart real estate decisions. Employment trends, wages, and affordability influence the health of […]
Rising Vacancy, Rising Rents: What’s Happening in Missoula Office?
Office vacancy is up in Missoula. That’s not a shock to anyone keeping an eye on the market. But before jumping to conclusions, it’s worth asking a better question: What does that vacancy really mean? Not all empty space is bad. Having a little slack in the market can be a good thing. It gives […]
How Retail CRE Investors Can Navigate Missoula’s Market in 2025
Missoula’s current retail market presents challenges and opportunities for commercial real estate investors. Limited inventory, high construction costs, and rising interest rates make it a competitive environment. However, the steady demand for retail space and strong consumer spending create a promising outlook for 2025. Here’s how you can position yourself to capitalize on opportunities while […]
Missoula’s Reserve Street Corridor: A Thriving Hub for Retail Investment
Missoula’s Reserve Street corridor is one of Montana’s strongest areas for retail investment. As one of the busiest streets in the state, Reserve Street consistently delivers high traffic, strong demand, and a diverse mix of retail and commercial activity. For investors, this corridor offers significant opportunity. Why Reserve Street? Reserve Street is a powerhouse for […]
Missoula Among the Best-Performing Small U.S. Cities
Missoula recently ranked ninth on the Milken Institute’s annual list of the Best-Performing Small US Cities. This places Missoula among notable peers like Bend, Oregon; St. George, Utah; Idaho Falls, Idaho; Jefferson City, Missouri; Coeur d’Alene, Idaho; and Jacksonville, North Carolina. These are smaller metros with populations typically under 275,000, recognized for strong performance across […]
Looking for a New Commercial Lease in 2025? Here’s What You Need to Know
Missoula offers limited for-lease inventory across office, retail, and industrial uses. This trend, fueled by steady demand and slower development cycles, means businesses looking for space in 2025 will face competition. For companies planning a move or expansion, success will depend on clear priorities, careful preparation, and a willingness to act decisively. Here’s what you […]
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 […]