Sterling CRE Sells Stranahan Medical Center

Sterling CRE Advisors represented the sellers in the disposition of their 38,583 square foot medical office building in Missoula, Montana, listed at $5.7 million. When Sterling took the assignment, the building was mostly vacant and was situated only for a single user. We went to work systematically locating tenants and negotiating leases that built the income value of the property. After bringing in 8 new tenants, the net income of the building attracted an investor from the Portland area who ultimately ended up purchasing it.

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Contact Sterling CRE Advisors today to learn how we can help you transform your vacant or distressed building and recover maximum value from your asset. Click here to learn more about the Sterling CRE Advisor Team.

Sara Townsley

Sara Townsley is the Research Director at Sterling Commercial Real Estate Advisors, where she specializes in tracking and managing data across multiple markets in Montana. Sara plays a critical role in ensuring that the studies, databases, and property inventories used to inform SterlingCRE’s advice are accurate and comprehensive.