Rent Growth and New Development Slows in Montana by Claire Matten, Sterling CRE Advisors The 2018 year-end trend of plateauing rents and rate declines in larger metropolitan areas has finally started to infiltrate the Montana self-storage market. A recent study has shown that the Missoula market has been one of the only markets in Montana […]
MARKET WATCH MINUTE – brought to you by Sterling CRE Advisors Highlights from “Our Development Guide, Looking Forward 2018-2028” presented by Nick Kaufman, Land Use Planner, WGM Group, Inc. What an exciting time to consider investing in Missoula. In this Market Watch segment, I discussed a broad range of topics centered on issues of interest […]
How does the Missoula apartment market look and where is it going? Historically, warm weather outside has equated to tighter inventory in the Missoula apartment market. This trend has continued in 2019, with the overall vacancy rate across all units dropping from 5.99 in Q1 to 4.74% for Q2. This closely mirrors regional trends in […]
How Missoula investors can use Opportunity Zones and 1031 Exchanges to Their Advantage Which one works best for your particular situation? Much ink has been spilled in the last year regarding the possibilities that Opportunity Zone investments bring to investors across the country. Missoula, Kalispell, Bozeman and other cities throughout Montana have designated Opportunity Zones […]
Congratulations – You are ready to lease commercial space! contact Claire Matten, CCIM, Sterling CRE Advisors Your growing business is at the point where it’s time to find a brick-and-mortar location to call your own. The excitement and adrenaline rush of the untapped potential of your future can sometimes make all other details seem insignificant. […]
Missoula’s office and retail markets experienced healthy sale and leasing activity throughout 2018. At year-end there were sixty-eight (68) transactions recorded between both property types with thirty-four (34) transactions dedicated to retail properties and thirty-four (34) acquisitions attributed to office buildings. MISSOULA OFFICE MARKET UPDATE The median sale price per square foot for office property […]
It’s Good For Your Business And The Bottom Line Commercial property owners spend a lot of time thinking about ways to increase NOI. Taking advantage of incentives offered by utility companies is one way to improve your bottom line. And, leveraging program contractor services can be a great way to achieve this so you can […]
Should you buy apartments as an investment? Or, are there already too many apartment buildings? What about industrial? How much new commercial space came online in 2018? What’s coming in 2019 and what should you watch out for? At Missoula Market Watch 2019 this past Wednesday, we presented a summary of our on-going research into the local investment […]
written by Claire Matten, Sterling CRE Advisors With growing speculation of a market correction after almost 10 years of low interest rates and steady growth, many commercial real estate investors are wondering what their opportunities will look like in the coming year. Will rising interest rates continue to put pressure on cap rates? What will […]
2019 Q1 Update from Sterling CRE – Multi-family housing units have long captured the interest of investors across the country. The relative stability of the asset class, coupled with the availability of favorable financing terms through Fannie Mae and Freddie Mac, have made apartments a safe haven for investment capital. The thinking goes that empty […]