Build-to-Suit: What Does That Even Mean?
Have you ever driven around Montana and seen a “build-to-suit” sign on a piece of land and wondered what it meant? Why you should care? Are you tirelessly searching for the perfect commercial space for your business, facing an uphill battle finding a building that works? If so, the concept of build-to-suit should pique your […]
Maximizing Tax Benefits: Comparing 1031 Exchanges and Opportunity Zones in Montana
How Investors Can Use Opportunity Zones and 1031 Exchanges to Their Advantage Which one works best for your particular situation? In the past few years, much has been discussed about the potential opportunities for investors through Opportunity Zones, especially in cities like Missoula, Kalispell, Bozeman, and other locations across Montana. These designated Opportunity Zones have […]
Understanding Infrastructure’s Impact on Commercial Land Values
Montana commercial land prices show significant variation, ranging from= $10,000 to over $4.5 million per acre in the first half of 2023. Many factors influence these prices, including location and parcel size. A key factor in determining land prices is the availability of infrastructure. What is Infrastructure? Infrastructure encompasses facilities and systems that are essential […]
SterlingCRE Weighs In: Fed’s Interest Rate Shift
In 2023, the Sterling brokerage team remained actively engaged in leasing, land sales, and catering to owner-occupier sales. The steady flow of transactions throughout the year was sustained by Montana’s robust economic prospects. However, investment activity experienced a decline due to increased borrowing costs, making investments more challenging. Sellers, buoyed by recent substantial gains […]