Bozeman Multifamily Market: What the Numbers Say and What They Don’t
Bozeman’s multifamily market has entered a new chapter—one that many of us saw coming. After years of breakneck construction, surging demand, and double-digit rent growth, the local market is now experiencing its natural correction. Vacancy is rising. But despite more availability, rents have continued to edge upward, with the average hitting $2,166. At a glance, […]
Missoula’s Industrial Market in 2025: Is This a Pause or a Pivot?
For the past few years, we’ve shared nothing but good news about industrial real estate. Fueled by e-commerce and supply chain shifts, the sector became a darling for investors—something that many people overlooked before the pandemic. But in 2025, the tone has shifted. The Missoula industrial market is still solid, but we’re clearly entering a […]
How Retail CRE Investors Can Navigate Missoula’s Market in 2025
Missoula’s current retail market presents challenges and opportunities for commercial real estate investors. Limited inventory, high construction costs, and rising interest rates make it a competitive environment. However, the steady demand for retail space and strong consumer spending create a promising outlook for 2025. Here’s how you can position yourself to capitalize on opportunities while […]
Could That Old Bank Be Your Next Business Location?
Vacant bank buildings are some of the most intriguing properties in the real estate market. Known for their high-quality construction, unique features like drive-throughs and vaults, and ADA-compliant amenities, these structures offer incredible adaptive reuse potential. However, their distinct “bank-like” appearance often deters traditional businesses from considering them. Why Banks Make Great Adaptive Reuse Projects […]
Missoula Among the Best-Performing Small U.S. Cities
Missoula recently ranked ninth on the Milken Institute’s annual list of the Best-Performing Small US Cities. This places Missoula among notable peers like Bend, Oregon; St. George, Utah; Idaho Falls, Idaho; Jefferson City, Missouri; Coeur d’Alene, Idaho; and Jacksonville, North Carolina. These are smaller metros with populations typically under 275,000, recognized for strong performance across […]
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 opportunities, with developers showing increased […]
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 plans serve as strategic roadmaps […]
Missoula 2045 Land Use Plan: Identifying Future Opportunities for Commercial Real Estate
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 reflects changes in Missoula’s population […]
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 to help you avoid this […]
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 attractive build-outs. To remain competitive […]