The Market is in Flux – Where should I put my money?

The stock market is in flux, so where should you be investing your money? With signs of the treasury yield curve inverting, investors are starting to get jitters about where the stock market is headed.  The reason is that every time the yield curve between the 2yr Treasury and 10 year Treasury has inverted since 1975, […]

Chasing Yield or Safe & Steady? Commercial Real Estate Investments on the Risk Spectrum

by Matt Mellott, CCIM You’ve worked hard to to grow a portfolio that makes you money while you’re sleeping. When looking at investment alternatives, how do you decide what fits with your financial goals and for those of your family or your company? This applies whether you’re investing in commercial real estate in Missoula, in […]

2018 Multifamily Development Update – Missoula, MT

By Claire Matten, Advisor, Sterling CRE The apartment rental market has been exceptionally strong since 2014 in Missoula thanks to millennials forming new households, 30 – 40 year olds remaining in multifamily, and baby boomers downsizing to apartments.  Missoula’s status as a leading destination for retirees has also impacted the rental market and will likely […]

Opportunity Zones In Practice

by Ross P. Keogh, MA, JD | Worden Thane P.C. The 2017 Tax Act created a new economic development tool known as “Opportunity Zones.”  26 USC § 1400Z-(2).  Opportunity Zones are census tracts that were selected by the Governor of each state in early 2018.  The zones are fixed, and each state has at least 25 […]

Emerging Trends Report on Commercial Real Estate – How does Montana fit in?

by Matt Mellott, CCIM Skate to where the puck is going, not where it has been. Though perhaps the most overused cliche in all of business, this is the key to success in most predictive investment ventures.  To do that, you as a commercial real estate investor, owner-occupant or tenant need to keep your eye on […]

Q3 Self Storage Snapshot – Sterling CRE Research

An Overview of the Local and National Self-Storage Investment Marketplace in Missoula and Surrounding Markets by Claire Matten, Advisor, Sterling CRE Advisors Investors Look For Opportunity in Montana Self-Storage Access to capital and financing for new development continues to be available, however there are signs in larger markets that development yields are tightening.  Costs of construction, […]

In The News – Aviation Way Commercial Center

Developer to meet Missoula’s light-industrial needs with 130,000 SF “flex building” By Martin Kidston As seen in the Missoula Current A local business owner and part-time developer is going all in on a piece of property located near Missoula International Airport, where he intends to build a flex warehouse to meet the city’s unmet needs […]

Workforce Boom: Commercial Real Estate Report Q2 2018

Takeaway The majority of Missoula’s workforce boom can be attributed to the influx of tech companies along with the expansion of some select healthcare and social assistance offices. A Snapshot of the Missoula Area Commercial Marketplace Missoula experienced a 1.9% increase in the job market this past year, and future job growth is predicted to […]

Q2 SELF STORAGE SNAPSHOT

An Overview of the Local and National Self-Storage Investment Marketplace in Missoula and Surrounding Markets by Claire Matten, Advisor, Sterling CRE Advisors Click here or the image below to view the FULL REPORT  

SOLD! – The Storage Center, Missoula

MISSOULA, MONTANA – Sterling CRE Advisors Matt Mellott and Claire Matten represented the buyer in negotiating the sale of a 215-unit self-storage facility at 1870 S. Reserve Street, in Missoula, Montana. The Storage Center  is a 27,100 square foot facility on approximately 1.72 acres and  was listed at $1,995,000.  The buyers capitalized on the excellent occupancy rate […]