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 […]
Federal Legislation Brings Strategic Incentives for CRE Investors — Especially in Rural Montana
Recently, the U.S. federal government—including Congress, the Senate, and the President—passed the “Big Beautiful Bill.” This bill includes important provisions for commercial real estate (CRE) investors. Within the bill are significant renewals and expansions of two powerful incentives: The Opportunity Zone Program has been extended and modified. 100% Federal Bonus Depreciation is being restored, with […]
2025 Property Tax Changes in Montana: What You Need to Know
There are a few things in life less fun than paying property taxes. Add a brand-new tax rate calculation system and reassessment, and now it’s even more confusing. Welcome to 2025 in Montana. At SterlingCRE Advisors, we’ve been tracking the upcoming changes. We’ve reviewed the legislation and spoken with local tax experts, and we’re here […]
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 […]
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 […]
2024 in Review – Bozeman Office
https://youtu.be/Ol7Cx0iPQp8 Bozeman’s office market has seen some shifts over the past year, with trends influenced by changes in how companies use their space. While some challenges persist, opportunities are emerging for property owners and investors ready to adapt. As we move into 2025, the focus will be on navigating rising vacancies and leveraging new strategies […]
2024 in Review – Missoula Leasing
https://youtu.be/CzWfgwoozr4 In 2024, limited inventory defined the office, industrial, and retail markets in Missoula. With few options available, finding the right space often required patience, quick decision-making, and clear priorities. Looking ahead to 2025, these trends are expected to continue. Businesses should start their search early and focus on understanding what’s essential versus what’s flexible […]
2024 in Review – Missoula Retail and Office
https://youtu.be/l9Hb_Da4RRo As we wrap up 2024, the retail and office markets in Missoula showed resilience in the face of some serious challenges. Retailers dealt with high construction costs, elevated interest rates, and persistent staffing pressures, but the story isn’t all tough news. Many businesses in Missoula are thriving, with strong in-store sales driving plans for […]
How Does That Work? Rent Incentives for Commercial Properties
In commercial real estate, rent incentives are strategic tools that landlords use to keep properties occupied and competitive. For landlords in office, retail, industrial, and self-storage sectors, offering incentives can help fill vacancies faster and enhance property value over time. When a property sits empty, it costs landlords both money and potential growth opportunities. Understanding […]
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 […]
