An Overview of the Local and National Self-Storage Investment Marketplace in Missoula and Surrounding Markets by Claire Matten, Advisor, Sterling CRE Advisors Click here or the image below to view the FULL REPORT
Q2 SELF STORAGE SNAPSHOT Read More »
MISSOULA, MONTANA – Sterling CRE Advisors Matt Mellott and Claire Matten represented the buyer in negotiating the sale of a 215-unit self-storage facility at 1870 S. Reserve Street, in Missoula, Montana. The Storage Center is a 27,100 square foot facility on approximately 1.72 acres and was listed at $1,995,000. The buyers capitalized on the excellent occupancy rate
SOLD! – The Storage Center, Missoula Read More »
Seize this rare opportunity for downtown restaurant/retail space along busy N. Higgins Ave! With the Merc, Roam Student Housing and other exciting projects in the works, business is absolutely booming downtown. Located on the 400 Block of the main north/south thoroughfare downtown, this 1900’s era building has plenty of Old Missoula charm. (Photos below are
Rare Downtown Missoula Location For Lease Read More »
A Snapshot of the Missoula Area Commercial Marketplace Missoula’s office and industrial vacancy rates continue to outperform both regional and national rates, further fueling the demand for flex/warehouse development. Average rents for office, industrial, and retail properties in Missoula all saw an increase in overall asking rates compared to one year ago. With an influx
Commercial Real Estate Report – Q1 2018 Read More »
Matt Mellott, CCIM with Sterling CRE Advisors was pleased to represent Blue Marble BioMaterials in the sale and lease-back of their facility at 5840 Expressway in Missoula, MT. To help accommodate Blue Marble’s growth into new business lines, Matt strategized with their C-team to unlock the equity in their real estate holdings so that
Sale & Lease-Back: Putting Equity To Work For Your Business Read More »
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
Sterling CRE Sells Stranahan Medical Center Read More »
Sterling Commercial Real Estate derives its name from the man pictured below, Major Sterling “Stranger” Norton, USMC. A tragic aircraft accident took his life while he had much left to give, but the name of this company serves as a small memorial to his life and legacy. Sterling was the best we have to offer
Major Sterling Norton’s Legacy Lives On In Sterling CRE Read More »
An Overview of the Local and National Self-Storage Investment Marketplace in Missoula and Surrounding Markets by Claire Matten, Advisor, Sterling CRE Advisors Pent-up demand in the fast-growing self storage investment market is encouraging the development of new facilities. Understanding the design features which help attract self storage customers to your development is imperative amid the
SELF STORAGE INVESTMENT REPORT – Q1 2018 Read More »
To the uninitiated, the world of commercial real estate investing can seem to be shrouded in unknown terms and mysterious metrics. While it’s true that some CRE deals are quite complex, the basic investment strategies are easy to understand. There are three categories of properties you will strategically target as a CRE investor. They are
Three CRE Investment Strategies Read More »
This is part one of a four-part series on the commercial real estate market cycle. Phase 1 – Recovery Phase 2 – Expansion Phase 3 – Hypersupply Phase 4 – Recession Just like the broader economy, commercial real estate markets are cyclical. The CRE cycle is generally described in terms of four phases: Recovery, Expansion,
Recovery: Phase 1 of the CRE Market Cycle Read More »
