Industry Experts

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. […]

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

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

Missed Missoula MarketWatch 2023? Read on for a quick snapshot of the office, retail, and industrial sectors.  The SterlingCRE team noted that Missoula’s commercial real estate sector is still active, with interest on both the sale and lease sides – but, there are challenges ahead for every asset type.  Missoula’s commercial real estate market is

Matt Mellott, Advisor It’s official – the warehouse and industrial real estate market is feeling the impact of onshoring. You may be asking: on-what now? Onshoring is a recent phenomenon in which manufacturers and distributors are bringing their products — and distribution networks — back to the United States in response to recent transportation shocks and

Connor McMahon, Advisor With economic ripples extending across the national economy, retailers can face new challenges. But, there are several ways that retail landlords can give tenants a boost: Offer flexible lease terms: Landlords can offer flexible lease terms, such as shorter lease lengths or the ability to renew the lease early, to help retailers adapt

Adaptive reuse is the process of transforming a building or space from one use to another.  This process often involves extensive renovations. Renovations may include moving walls, installing new plumbing and electrical, and adding insulation. The result is a living space that combines the character of the existing building with the amenities and features of a

Tenants of commercial real estate often ask us questions about terms they see in their leases. One we hear often is: what’s the difference between a triple net and absolute net lease? Let’s start with a triple net lease. This is when a tenant agrees to pay all three of the property’s expense categories in addition