Market Reports & Articles

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 […]

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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

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Grey Shell, White Shell, Warm Shell, Cool Shell

Grey Shell or White Shell? Warm Shell or Cool Shell? When looking for a commercial space to lease or buy, you’re likely to run across the term “shell.” In particular, commercial listings might include the term “cold, grey shell” or “warm, white shell.”  What does that mean? Shell terminology makes sense, as these facilities might

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