Fire Sale or Feeding Frenzy? Missoula Office & Retail Market Update

Missoula’s office and retail markets experienced healthy sale and leasing activity throughout 2018. At year-end there were sixty-eight (68) transactions recorded between both property types with thirty-four (34) transactions dedicated to retail properties and thirty-four (34) acquisitions attributed to office buildings. MISSOULA OFFICE MARKET UPDATE The median sale price per square foot for office property […]

Commercial Property Owners Can Benefit from Rebate Programs

It’s Good For Your Business And The Bottom Line Commercial property owners spend a lot of time thinking about ways to increase NOI. Taking advantage of incentives offered by utility companies is one way to improve your bottom line. And, leveraging program contractor services can be a great way to achieve this so you can […]

Why You Should Shift Your Focus From “Full Occupancy” to “Full Profit”

MARKET WATCH MINUTE – brought to you by Sterling CRE Advisors by Claire Matten, Sterling CRE Advisor – as seen at Missoula Market Watch 2019 Full Occupancy or Full Profit? A concept that is often overlooked by many investors is Physical Occupancy vs. Economic Occupancy.  Your goal as an operator/investor should be “optimum occupancy” or […]

3rd Annual Missoula Market Watch

Should you buy apartments as an investment? Or, are there already too many apartment buildings?  What about industrial?  How much new commercial space came online in 2018?  What’s coming in 2019 and what should you watch out for? At Missoula Market Watch 2019 this past Wednesday, we presented a summary of our on-going research into the local investment […]

Commercial Real Estate Investment Trends for 2019

written by Claire Matten, Sterling CRE Advisors With growing speculation of a market correction after almost 10 years of low interest rates and steady growth, many commercial real estate investors are wondering what their opportunities will look like in the coming year. Will rising interest rates continue to put pressure on cap rates?  What will […]

Hey, What’s That Missoula? Ep. 2

Empty Boxes And The Innovative Ideas Behind Their New Purpose E-commerce and market saturation has led to the decline and consolidation of many big box retailers across the country.  With development focus turning back toward the neighborhood shopping center, the bones of the former giants such as Sears, Kmart, Toys R Us and others remain […]

Where’s the Missoula Apartment Market Going?

 2019 Q1 Update from Sterling CRE – Multi-family housing units have long captured the interest of investors across the country. The relative stability of the asset class, coupled with the availability of favorable financing terms through Fannie Mae and Freddie Mac, have made apartments a safe haven for investment capital.  The thinking goes that empty […]

How “007” Killed the Triple-Net Lease

by Ross P. Keogh, MA, JD | Worden Thane P.C. Triple-net leases are everywhere; and why not?  They allow for owners of real property to keep their hands clean while enjoying a return on their capital.  With the right tenant—and property—investors can sit back and enjoy a stream of rents just fat enough to offset the […]

Hey, What’s That Missoula? Ep. 1

Adaptive Reuse in Downtown Missoula Take a walk through Downtown Missoula and you may notice a number of buildings undergoing the transition from nondescript, dated space to beautifully restored and repurposed designs.  While Adaptive Reuse (AdRu) has always held the promise to save iconic real estate assets across the United States, younger generations – especially […]

3 Benefits of Hiring an Experienced Commercial Building Inspector

Written by Tim Netzley, Commercial Real Estate Inspector If you are buying an investment property, selling investment property, or perhaps looking to lease a property, the process can be as exhilarating as it is frustrating – often leaving you feeling intense excitement and extreme frustration at the same time. Hiring a team of experts who […]