Montana commercial real estate

Latest Insights

Stay informed with the latest trends, data, and expert insights on Montana’s commercial real estate market. SterlingCRE Advisors offers in-depth market reports, articles, and updates on key sectors including office, retail, industrial, self-storage and multifamily.

2024 in Review – Missoula Industrial and Montana Self-Storage

https://youtu.be/A6uKoDfL4sQ Looking back on 2024, Missoula’s industrial and self-storage markets faced a year of recalibration amidst rising interest rates and cautious investment activity. The industrial sector saw limited transaction volume but is positioned for growth in 2025. Expanding infrastructure and new industrial land availability are paving the way for more

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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

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The Timeline for Finding and Buying Commercial Property for Your Business

When searching for the right commercial property for your business, timing, preparation, and expert guidance make all the difference. The process of securing a commercial property is complex and full of factors that impact your investment. Working with an experienced commercial real estate advisor like SterlingCRE Advisors gives you the

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Bozeman Industrial Update Q3 2024

Bozeman’s multifamily market continues to evolve, driven by steady population growth and shifting renter preferences. In this Q3 2024 update, explore key trends in vacancy rates, rental pricing, and new developments shaping the Gallatin Valley.

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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),

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Vacant Industrial Buildings Driving Higher Prices in Bozeman

In Bozeman’s industrial real estate market vacant properties are often commanding higher prices than leased ones. This shift from traditional valuation models—where leased properties usually generate higher returns due to stable income—is driven by high demand, limited land, and elevated construction costs. https://youtu.be/SsUIsZ3Oq_E Key Factors Behind the Demand for Vacant

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Grass Valley Industrial Park: Solving Missoula’s Need for Industrial Land

Grass Valley Industrial Park (GVIP) is Missoula’s answer to the pressing demand for industrial land. GVIP offers a rare opportunity: industrial lots with access to municipal-level utilities near the I-90 and US-93 interchanges. High Demand for Industrial Land Demand for industrial land in Missoula is through the roof, with over 200

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Missoula Industrial Update Q3 2024

Bozeman’s multifamily market continues to evolve, driven by steady population growth and shifting renter preferences. In this Q3 2024 update, explore key trends in vacancy rates, rental pricing, and new developments shaping the Gallatin Valley.

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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

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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

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Montana Knife Company Expands to The Wye with SterlingCRE Advisors’ Guidance

SterlingCRE Advisors is excited to share in the celebration of Montana Knife Company’s recent groundbreaking at their new facility located in The Wye. As a leading Missoula-based manufacturer known for their high-quality, precision-crafted knives, Montana Knife Company is poised for significant expansion, and we are proud to have played a

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Belgrade’s Vision for Growth – Insights for Commercial Real Estate

Belgrade’s ongoing Clearly Belgrade Master Plan and the updated Future Land Use Map outline a robust strategy for managing growth while creating opportunities for new development. As the city experiences rapid growth, these evolving plans are essential in shaping Belgrade’s land use, transportation, and community infrastructure to support a thriving community. For SterlingCRE Advisors’ clients, these

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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

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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

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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

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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

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2024 Retail Trends: Fresh Concepts Winning the Space Race

In Missoula and across Western Montana, retail space has been scarce for years, with vacancy rates stubbornly low, hovering between 2% and 3%. This creates a competitive landscape for businesses seeking prime locations, giving landlords the ability to be more selective about who they lease to. The key trend we’re

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