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 […]
Opportunity Zones In Practice Read More »
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
Emerging Trends Report on Commercial Real Estate – How does Montana fit in? Read More »
An Overview of the Local and National Self-Storage Investment Marketplace in Missoula and Surrounding Marketsby Claire Matten, Advisor, Sterling CRE Advisors Investors Look For Opportunity in Montana Self-StorageAccess 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, rising interest
Q3 Self Storage Snapshot – Sterling CRE Research Read More »
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
In The News – Aviation Way Commercial Center Read More »
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
Workforce Boom: Commercial Real Estate Report Q2 2018 Read More »
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
Q2 SELF STORAGE SNAPSHOT Read More »
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
SOLD! – The Storage Center, Missoula Read More »
Seize this rare opportunity for downtown restaurant/retail space along busy N. Higgins Ave! With the Merc, Roam Student Housing and other exciting projects in the works, business is absolutely booming downtown. Located on the 400 Block of the main north/south thoroughfare downtown, this 1900’s era building has plenty of Old Missoula charm. (Photos below are
Rare Downtown Missoula Location For Lease Read More »
A Snapshot of the Missoula Area Commercial Marketplace Missoula’s office and industrial vacancy rates continue to outperform both regional and national rates, further fueling the demand for flex/warehouse development. Average rents for office, industrial, and retail properties in Missoula all saw an increase in overall asking rates compared to one year ago. With an influx
Commercial Real Estate Report – Q1 2018 Read More »
Matt Mellott, CCIM with Sterling CRE Advisors was pleased to represent Blue Marble BioMaterials in the sale and lease-back of their facility at 5840 Expressway in Missoula, MT. To help accommodate Blue Marble’s growth into new business lines, Matt strategized with their C-team to unlock the equity in their real estate holdings so that
Sale & Lease-Back: Putting Equity To Work For Your Business Read More »
