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.
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
https://www.youtube.com/watch?v=posyEaPJLNU A recent episode of The Missoula Podcast features SterlingCRE Founder and Managing Partner Matt Mellott, sharing his unique journey and insights into Missoula’s growth and the future of commercial real estate in Montana. A Vision for Growth Matt’s story is anything but ordinary. Before launching Montana’s leading commercial real estate
https://youtu.be/VhbemFZ8y4k The multifamily market in Missoula has been relatively quiet in terms of investment sales, with limited new development over the past year. High borrowing costs and mismatched pricing expectations have kept transaction activity low. However, signs of change are emerging. With vacancies tightening and rents showing upward momentum, the
https://youtu.be/LYttHDKcals In 2024, large tracts of land—whether for residential, industrial, or mixed-use projects—have seen steady activity, with buyers focused on adding value through entitlements. On the other hand, high-priced, fully-entitled parcels have faced slower demand, with interest but limited transactions. As we move into 2025, low vacancy rates across sectors
https://youtu.be/Ol7Cx0iPQp8 Bozeman’s office market has seen some shifts over the past year, with trends influenced by changes in how companies use their space. While some challenges persist, opportunities are emerging for property owners and investors ready to adapt. As we move into 2025, the focus will be on navigating rising
https://youtu.be/CzWfgwoozr4 In 2024, limited inventory defined the office, industrial, and retail markets in Missoula. With few options available, finding the right space often required patience, quick decision-making, and clear priorities. Looking ahead to 2025, these trends are expected to continue. Businesses should start their search early and focus on understanding
https://www.youtube.com/watch?v=LhWy6WBVRbY Vacant industrial buildings remained exceptionally hard to find in 2024, with demand outpacing supply. High construction, financing, and land costs drove up property values, making vacant buildings more valuable than leased ones. Traditional industrial spaces continued to lease quickly, but rising vacancy rates were driven by an oversupply of
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
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
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
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.
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),
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
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
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.
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
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
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
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
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
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
