Blog

Commercial Real Estate Report – First Quarter 2018

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 Read More »

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Sale & Lease-Back: Putting Equity To Work For Your Business

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 Read More »

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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 Read More »

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Major Sterling Norton’s Legacy Lives On In Sterling CRE

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 Read More »

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SELF STORAGE INVESTMENT REPORT – Q1 2018

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 increasing Read More »

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Three CRE Investment Strategies

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 Read More »

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Recovery: Phase 1 of the CRE Market Cycle

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, Read More »

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Development Opportunity – 185 Acres Near Missoula

A rare offering in the Bitterroot Valley – 185 acres backing to the Bitterroot National Forest with a lovely combination of meadows and trees. Just a 25-minute drive from Missoula, the property includes 37 platted 5-acre parcels and is ready for development. Or build your own dream home and enjoy a the beauty and privacy Read More »

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Missoula Market Watch 2017

Missoula Market Watch 2017 Recap

The first Missoula Market Watch, envisioned as an annual event, took place at the Missoula Public House on Wednesday April, 19. We at MontanaCRE would like to thank our co-sponsor Missoula Current as well as all our presenters and all those who turned out for the event. If you weren’t able to attend, contact Matt or Read More »

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Brazil in a Bowl

It’s hard to believe only three years have passed since Five on Black opened its doors on North Higgins Ave. in downtown Missoula. Word of mouth spread quickly. Right from the start, lunch hour lines spilled onto the sidewalk out front.

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