Trader Joe’s | Missoula Is Calling (Again)

Trader Joe’s, Missoula is calling (again).  In partnership with the Missoula Midtown Association, Sterling CRE hosted November’s Midtown Mixer. And while another Zoom call might sound boring, the Midtown business community had some fun ideas for expanding the growing district. Midtown professionals answered the following questions:  What retail, restaurant or other business would you like […]

Montana Self Storage Market Update | Q4 2020

Montana Self-Storage Market Update Review  Claire Matten | Advisor | CCIM | Sterling CRE Advisors  Market Overview Dropping interest rates Compressed cap rates Low vacancy Spiking demand Higher values  Around The State In Missoula, limited footprint space and delayed construction have driven apartment vacancy to 1%. For some, property taxes are pushing some folks to […]

Is Time Up for the 1031 Exchange?

‘Tis the season for political mudslinging. While we try to stay above the fray, one policy point did catch our attention: is President Biden planning to do away with the 1031 exchange?  May 2021 Update: More details of President Biden’s plan for the 1031 Exchange are coming to light. “The Biden proposal would abolish 1031 […]

Read Up On: Commercial Leasing

Ready to lease a commercial space for your business? Looking to lease out your building? We want to help you build a foundation of knowledge about commercial real estate investment.  That’s why we’re defining more common real estate terms. Send us your questions – we’re here to demystify the world of commercial real estate.  When […]

CRE Terms 101: What’s Absorption?

Absorption, infill, adaptive reuse – what does that mean? You’ve heard it before, or maybe you already know from experience: investing in real estate builds wealth. And while diving into the world of commercial real estate investments may seem unachievable, there are ways to start small and build a portfolio over time.  To get there, […]

What Does Cap Rate Mean?

Cap rate, NOI, ROI: what does it all mean? You’ve heard it before, or maybe you already know from experience: investing in real estate builds wealth. And while diving into the world of commercial real estate investments may seem unachievable, there are ways to start small and build a portfolio over time.  To get there, […]

1031 Exchange Rules: Timing

Understanding the 1031 Exchange Process: Part 2 Check out part one of 1031 Exchange: How Does That Work? To recap: when selling commercial property, taxes are usually paid on the profits at the time of sale. But, IRS Section 1031 is an exception allowing the seller to postpone paying tax on those profits if they […]

What is My Commercial Property Worth?

Ever wonder: what is my commercial property worth? Are you curious if it’s the right time to sell or lease?  We can help. At Sterling CRE Advisors, our team uses local knowledge, comparable sales and current market data to determine the value of commercial properties. We work across Montana and understand each major market area. […]

What is a Triple Net Lease?

Demystifying the Triple Net Lease for Commercial Tenants  By Nick Chaussee, Sterling CRE Advisor Looking for a new rental space for your business but feeling confused by the jargon? Sterling Advisor Nick Chaussee breaks it down*.  *This is a general overview of leasing terms. Every lease is unique. The specific circumstances of each lease should […]

Montana MEDIA Act Attracts TV, Film Production

What is the Montana Economic Development Industry Advancement (MEDIA) Act?  Hit series “Yellowstone” is set to film season four entirely in Montana – and it’s no longer just the epic landscapes of Big Sky Country attracting major productions like these. Effective July 1, 2019, a number of new tax incentives were put into place as […]