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 […]
Missoula Blackfoot Commerce Center: A New Hub for Industrial and Commercial Growth
The Missoula Blackfoot Commerce Center (MBCC) is at the forefront of Montana’s industrial and commercial expansion. Located at the east entrance of Missoula in Bonner, Montana, MBCC offers flexible, industrial-ready land in a prime location near key transportation routes. As part of the Bonner West Log Yard Targeted Economic Development District (TEDD), MBCC benefits from local incentives […]
How Data, Flexibility, and Sustainability are Shaping Property Management
In today’s commercial real estate market, property management is more than just maintenance and rent collection. It’s about creating dynamic, responsive spaces that align with tenant preferences, using data to make strategic investment decisions, and building adaptable property solutions to maximize returns. As industry expectations grow, so too does the demand for management companies that […]
Creating Value for Tenants and Property Owners with Professional Property Management
When lease rates rise, tenants expect more than just a place to work—they expect top-notch service, a property that is well-maintained and efficient, and a point of contact that is easy to communicate with. Happy tenants are more likely to renew, reducing turnover and keeping operating costs low. Professional property management companies, like SterlingCMG, have […]
Missoula 2045 Land Use Plan: Identifying Future Opportunities for Commercial Real Estate
The latest draft of the Missoula 2045 Land Use Plan offers a vision that emphasizes balanced growth, sustainability, and resilience. The purpose of this plan is to guide future land use and growth in Missoula through a clear set of policies and strategies to support a thriving, sustainable community. The plan reflects changes in Missoula’s population […]
Avoid Common Pricing Mistakes When Selling Multifamily Real Estate in Montana
As you navigate the Montana multifamily commercial real estate market, it’s crucial to understand the strategies that can help you successfully sell your property. Casey Rose, CCIM offers valuable insights into effective pricing strategies. Overpricing can have detrimental effects, ultimately leading to a lower sale price. Here are some recommendations to help you avoid this […]
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 […]
Inside MT Retail: Southgate Mall Thrives Amid Changes in Retail
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 the […]
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 […]
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 […]