SterlingCRE provides an overview of the commercial real estate market in Missoula. The city continues to face low vacancy rates in office and retail spaces, leading to limited supply amidst growing demand. Construction activity has slowed due to market uncertainty, elevated costs, and restricted lending, resulting in a contraction of new projects. The multifamily housing …
Over the past nine months, the residential and commercial real estate sectors have experienced significant changes. Today, we’re diving into the factors behind the current economic conditions in Missoula and considering what’s happening in the national CRE markets. Office spaces have been heavily impacted by the COVID-19 pandemic and the rise of hybrid work environments. …
SterlingCRE provides an overview of the commercial real estate market in Missoula. The city continues to face low vacancy rates in office and retail spaces, leading to limited supply amidst growing demand. Construction activity has slowed due to market uncertainty, elevated costs, and restricted lending. The multifamily housing sector shows some relief. It comes at …
Investing in Montana Short-Term Rentals: Pros & Cons Maggie Collister Montana visitors (all 12 million of them) have many options for lodging. But traditional alternatives like hotels and campgrounds have experienced rising competition from an unlikely opponent: short-term rentals (STRs). The University of Montana Institute for Tourism and Recreation Research says that 10% of visitors …
Is Commercial Real Estate a Good Investment? Casey Rose, CCIM When it comes to investing your money, there are many different options to choose from. And while commercial real estate has long been popular with investors, there’s a question we field a lot: is commercial real estate a good investment? Here are some considerations to answer that …
https://youtu.be/vB9fxnEQHhE SterlingCRE Advisors discuss what’s happening in Missoula commercial development in spring 2023. A former Taco Johns on West Broadway in Missoula will become a dispensary, offering a picturesque view and the potential for increased foot traffic as the area develops. Smitty’s Car Wash is also set to open on Reserve Street, and a new …
The rise of Missoula short-term rentals (STRs) and their impact on the local economy, property owners, operators, and the community. Download a full whitepaper on Missoula short-term rentals here.
Claire Matten, CCIM/SIOR, with SterlingCRE discusses the dynamic industrial real estate market of 2022, where strong demand, declining vacancy rates, and soaring lease rates took center stage. From Missoula County to Montana at large, the industry witnessed a shift towards land purchases due to limited available properties. E-commerce’s exponential growth and the rise of last-mile …
Missoula Industrial 2023 | Big Metal Box Updates Read More »
https://youtu.be/jl3UoFes3gc The rise of short-term rentals (STRs) in Missoula and their impact on the local economy, property owners, operators, and the community. Learn more about your short-term rental property by contacting Sterling Advisory Services.
Net net net, triple-net, NNN: what does it mean? It’s a question we field a lot – and for good reason. Most tenants are experts in their field, whether that’s insurance, retail, coffee-making, or something else. But lease terms like NNN (otherwise known as net-net-net or triple-net) are out of their wheelhouse. Many landlords are also …
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