Housing Construction Picks Up Speed in Missoula The Q3 2021 Missoula multifamily market survey identified an uptick in multifamily construction and permitting. What’s more, local news sources verify that Missoula housing construction has made big strides across the county. As of Q3, 1,145 building permits had been issued in 2021. This represents an increase of …
Three Reasons Retail Landlords Might Undercharge – And What to Do About It Are retail property owners leaving money on the table? It’s not uncommon to find retail tenants paying below-market rents across Montana, says commercial real estate expert Connor McMahon. And it is not just money lost in rent today – undercharging can have …
Missoula CRE Heats Up Hey Missoula CRE investors, midyear commercial sales and leasing data are now available from Sterling CRE Advisors. What trends are apparent in the commercial real estate markets? In the current market, an increasing number of users are willing to pay a premium for the right space. Retail users with specific needs …
Adding Value to Your Montana Multifamily Property: Five Questions to Ask Your Property Management Team Is your multifamily investment looking into the future? As the multifamily market starts to right itself with more inventory popping up across the state, owners should consider their competitive edge. Jessica Morina, Director of Sterling Commercial Management Group offers a …
As Montana Master-Planned Communities take shape, people have started asking us: what is a master-planned community? How does that work? Master-planned communities are large residential developments that offer residents a lot of different housing types and amenities. It’s different from a traditional subdivision in that it’s really selling a lifestyle that comes with the property …
Beer, Bear Spray at Scheels and the New Kent Plaza in Midtown Missoula! Hey Missoula, get ready for the Midtown Minute, some quick real estate and development news from the center of the city. A few months ago, we heard that the Midtown Plaza would be ready for their grand opening in the fall. So …
Billings, Montana Emerges as Commercial Real Estate Opportunity Get the scoop on the potential Billings holds for commercial real estate investors. Billings, Montana, the second fastest-growing city in the state, is often overshadowed by Bozeman and Missoula. But Billings is fast emerging as a destination for new residents and tourists alike – with good reason. …
Is Billings the Best Bet for Commercial Real Estate? Read More »
Bozeman Self-Storage Operators: Sell? Hold? Find Out Your Facility’s Worth? Population Boom and Rising Self-Storage Rents in Gallatin County Throughout the year, Sterling CRE’s research team surveys pricing for major self-storage markets in Montana. That includes Missoula, the Bitterroot Valley, the Flathead area, Bozeman, Billings, and Helena. Pricing data helps self-storage clients stay competitive and …
Staying Competitive in Montana’s Evolving Self-Storage Market Montana self-storage operators know that demand is high. But just as the waitlist for a unit grows, so does the strain on management and maintenance. And while operators are busy working to keep up with high volumes of calls now, planning for the future can take a back …
Strategies for the Future of Montana Self-Storage Read More »
It’s no secret that Bozeman is changing fast: for retail operations, the question might be to buy or to lease? Sterling CRE research director, Sara Townsley, has been keeping track of those shifting dynamics. So what do these changes mean for Bozeman area business? Many clients looking to expand their office, retail, or warehouse space …
