Industry Experts

Top Tips for a Great Commercial Tenant/Landlord Relationship

Lana Miller, Sterling Commercial Management Property Manager A good tenant in a commercial space is worth their weight in gold. To ensure a positive landlord-tenant relationship, here are a few tips.  Communication is key. It’s important to set expectations for how work orders will be submitted, received, and responded to. Get everything in writing. No oral leases are […]

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Skip These Risky Lease Terms and See What Works Better

As a property owner, it’s important to be aware of lease terms that can potentially hurt your revenue in the long term. In a multi-tenanted building with common area spaces, account for the shared spaces through a load factor (find out how to calculate load factor step-by-step here). The leasable square footage should take into account any storage

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Montana CRE 2023: Expert Projections on What’s Next (and Should You Worry?)

Predictions for Montana CRE in 2023 + Development Notes In 2023, Montana CRE investors, owners, tenants, and developers are seeking answers after a volatile year. As we look ahead, here are trends we predict will shape the commercial real estate market in Montana. Knowing what’s next can help guide smart decisions about your next Montana

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E-Commerce Giant Amazon Lands in Missoula, Montana

The SterlingCRE Advisors team was thrilled to work with Amazon to secure their first Montana facility in Missoula. We’ve gotten one question a lot. Why wasn’t it announced that this was going to be an Amazon warehouse early on, during the permitting process?  It’s a good question, with a short answer. During permitting, Amazon wasn’t

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Spec Build Strategy Shifts

Matt Mellott, CCIM/SIOR The Society of Industrial and Office Realtors, a global commercial real estate industry credentialing association, hosted its annual conference in late Fall 2022. Matt Mellott attended, with one looming takeaway with considerable implications for industrial development across Montana and the rest of the country.   Industry experts warned that bank financing for speculative

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Montana CRE Markets Shift with Interest Rate Changes

While Montana’s heated CRE and residential markets pause to recalibrate in the wake of rising interest rates, the SterlingCRE Advisors team carefully tracks a key metric for commercial properties: days on market. Comparable properties trading even in the last three months might not set accurate expectations when it comes to the time it will take

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