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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.

SterlingCRE Advisors Marks 10 Years of Missoula MarketWatch with Record Attendance

Jessica Baldwin March 13, 2026

Sterling Commercial Real Estate (SterlingCRE) recently hosted the 10th anniversary of Missoula MarketWatch™ on Tuesday, March 3rd, 2026, celebrating a decade of gathering and sharing commercial real estate insight with local business owners, investors, developers, and community leaders. This year’s event saw record registrations, reflecting the continued interest in understanding

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Bozeman Multifamily Outlook: 2026

Kara Hogan, CCIM January 19, 2026

SterlingCRE’s Missoula Multifamily Report (Q3 2025) distills what matters most: from development pipeline trends to the early effects of zoning reform and property tax changes — all backed by verified, local data.

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Kara Hogan, CCIM Named Managing Broker, SterlingCRE Bozeman

Jessica Baldwin January 12, 2026

The new year brings a leadership announcement for Sterling Commercial Real Estate Advisors as Kara Hogan, CCIM, has been named Managing Broker of our Bozeman office. Kara joined SterlingCRE Advisors in 2021 as a Transaction Manager, where she played a central role in preparing marketing materials, coordinating transaction documentation, and

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2025 Year in Review: Missoula Industrial

Claire Matten, CCIM/SIOR January 1, 2026

https://www.youtube.com/embed/_C6xKLgUvIQ?si=zcevqtHAHKrfNKMg Missoula’s industrial market shifted meaningfully in 2025, and the implications heading into 2026 warrant a closer look. In this year-in-review video, Claire Matten breaks down the drivers behind rising vacancy, the recalibration of lease rates, and why much of the recent availability is tied to one-time closures rather than

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2025 Year in Review: Missoula Leasing

Joe Tredik December 19, 2025

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

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2025 Year in Review: Missoula Land

Matt Mellott, CCIM | SIOR December 19, 2025

https://www.youtube.com/watch?v=TrvbFm6PwsY Land sales activity in Missoula gained traction in 2025, driven less by volume growth and more by price realignment. Commercial and high-density residential land values in the urban core adjusted downward, enabling stalled deals to move forwardwhile limited industrial land with utility access continued to push pricing higher on

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2025 Year in Review: Missoula Multfamily

Matt Mellott, CCIM | SIOR December 19, 2025

https://www.youtube.com/watch?v=67DdYkSFyzY Multifamily fundamentals in Missoula remained largely in balance through 2025, with steady new deliveries, healthy vacancy, and demand that continues to track closely with population growth. Sale transaction activity remained slow, rental performance varied by unit type, signaling a more segmented market and a shift in how owners and

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2025 Year in Review: Missoula Retail

Connor McMahon December 18, 2025

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

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2025 Year in Review: Self-Storage

Claire Matten, CCIM/SIOR December 16, 2025

https://www.youtube.com/embed/bh1hGdIXEoc?si=_dQqFjtQpi5uGnZT Montana’s self-storage sector closed out 2025 in a period of recalibration rather than retreat. Occupancy levels normalized from post-COVID highs, rent growth moderated, and climate-controlled facilities continued to outperform across Montana markets. While fundamentals remained stable, elevated operating costs and tighter underwriting reshaped how owners and buyers approached the

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2025 Year in Review: Missoula Office

Connor McMahon December 16, 2025

https://www.youtube.com/embed/afwW08eHIsI?si=Idwiu7mgFSxrJeE3 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

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Bozeman Office Update Q3 2025

Jessica Baldwin November 15, 2025

Bozeman’s office market is shifting, and decision-makers are reassessing their strategies as new supply, evolving tenant expectations, and selective investment activity reshape the market.

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What Missoula’s Zoning Rewrite Means for Property Owners

Matt Mellott, CCIM | SIOR November 6, 2025

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.

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What the 2025 Montana Tax Mis-step Means for Multifamily Owners

Matt Mellott, CCIM | SIOR November 5, 2025

Montana’s new property tax reform was meant to bring clarity and relief after several volatile assessment cycles. Instead, a late-session drafting mistake has added new uncertainty, particularly for multifamily property owners. As reported by the Missoulian, an error in the final version of the 2025 tax legislation unintentionally raised the

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Missoula Multifamily Update Q3 2025

Jessica Baldwin October 28, 2025

SterlingCRE’s Missoula Multifamily Report (Q3 2025) distills what matters most: from development pipeline trends to the early effects of zoning reform and property tax changes — all backed by verified, local data.

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Flexible Real Estate Strategies for Montana Businesses

Kara Hogan, CCIM October 21, 2025

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

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