One Big-Box, Six Spaces: How Helena’s Former Shopko Gets a Second Life

The former Shopko at 3101 North Montana Avenue in Helena has been largely vacant since 2019. That’s seven years on one of Helena’s primary retail corridors.
That changes this year.
2025 Year in Review: Missoula Leasing
https://youtu.be/q2DdpMYbkgk?si=EZa8TynKnqE7-gFs Leasing activity across Missoula remained active in 2025, even as vacancy increased modestly and pricing continued to move upward across office, industrial, and retail. These conditions created more optionality—but also more competition—making preparation, positioning, and timing increasingly critical for both tenants and landlords. Joe Tredik outlines what these trends mean heading into 2026, from […]
2025 Year in Review: Missoula Retail
https://youtu.be/uGo1LpUlg84 Missoula’s office sector closed out the year with measured shifts in vacancy, steady rent growth, and a continued preference among businesses for functional, well-equipped space. Connor McMahon outlines how these trends played out locally—highlighting the rise of owner-occupier purchases, the resilience of medical office, and the ongoing push toward upgraded workplaces. In this year-end […]
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.
Missoula Retail Update Q3 2025
Missoula’s retail market is entering a new phase as tenants, owners, and investors recalibrate for 2026.
What Missoula’s Zoning Rewrite Means for Property Owners
At SterlingCRE Advisors, we keep a close eye on the planning decisions shaping Missoula, especially those that impact how people use, develop, and value real estate. Right now, the City of Missoula is in the midst of a major zoning code rewrite that every property owner should be watching closely. This update is part of […]
Flexible Real Estate Strategies for Montana Businesses
When it comes to finding or expanding into commercial space, the options go well beyond the usual “buy a building” or “sign a lease.” Business owners often overlook flexible strategies that can free up capital, improve cash flow, or help secure the right property when the market is tight. Here are a few strategies worth […]
Montana Retail Market: 2025 Mid-Year Update
Montana’s retail market in 2025 is marked by strong tenant demand, but also significant headwinds that continue to shape deal flow. Both national and local retailers are eager to enter Montana or expand their footprint in the state. Yet, the number of transactions remains constrained by cost pressures and limited vacancy. Demand Meets Limited Supply […]
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, […]
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 […]