What Bozeman Office Tenants Want in 2025: Key Trends for Property Owners
The Bozeman office market is becoming more competitive, with rising vacancy rates (now over 10%) and increasing pressure on landlords to attract and retain quality tenants. At the same time, tenants are demanding more flexible spaces, upgraded amenities, and better building management. With lease rates climbing (up over 21% in Bozeman) but sales prices declining, […]
Bozeman Retail: High Demand, Limited Availability, and Emerging Growth Corridors
Bozeman continues to attract retailers drawn to its abundance of customers with high-income levels and a propensity for luxury goods and premium experiences. Until recently, there has been relatively little retail inventory added to the market. However, we are monitoring several “new to the market” developments and several in planning. Consistent Growth Bozeman was already […]
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 […]
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 […]
