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Market Reports & Articles

Montana CRE 2023: Expert Projections on What’s Next (and Should You Worry?)

Industry Experts, Uncategorized /

Predictions for Montana CRE in 2023 + Development Notes In 2023, Montana CRE investors, owners, tenants, and developers are seeking answers after a volatile year. As we look ahead, here are trends we predict will shape the commercial real estate market in Montana. Knowing what’s next can help guide smart decisions about your next Montana […]

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E-Commerce Giant Amazon Lands in Missoula, Montana

Industry Experts, Monthly Videos /

The SterlingCRE Advisors team was thrilled to work with Amazon to secure their first Montana facility in Missoula. We’ve gotten one question a lot. Why wasn’t it announced that this was going to be an Amazon warehouse early on, during the permitting process?  It’s a good question, with a short answer. During permitting, Amazon wasn’t

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Spec Build Strategy Shifts

Industry Experts /

Matt Mellott, CCIM/SIOR The Society of Industrial and Office Realtors, a global commercial real estate industry credentialing association, hosted its annual conference in late Fall 2022. Matt Mellott attended, with one looming takeaway with considerable implications for industrial development across Montana and the rest of the country.   Industry experts warned that bank financing for speculative

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Montana CRE Markets Shift with Interest Rate Changes

Industry Experts /

While Montana’s heated CRE and residential markets pause to recalibrate in the wake of rising interest rates, the SterlingCRE Advisors team carefully tracks a key metric for commercial properties: days on market. Comparable properties trading even in the last three months might not set accurate expectations when it comes to the time it will take

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Howdy, Neighbor: Neighborhood Retail Makes a Comeback

Market Reports & Articles /

For Montana developers, cultivating the right mix of neighborhood retail is an art and science. Successful neighborhood retail operations like The Trough in Missoula or the Black Dog Coffee House in the Roots Garden Center in Billings nurture a sense of community and create walkable amenities. That’s good for local residents, helps encourage a safe

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Leasing Space 101 for Nonprofit Orgs

Market Reports & Articles /

After working with several not-for-profit clients, SterlingCRE advisors recognized that nonprofit organizations (NPO) had unique hurdles in securing commercial space. At Gather: the Montana Nonprofit Association 2022 Annual Conference, SterlingCRE advisor Kara Hogan and Director of Marketing Sarah Knobel addressed a major question. More than ever, NPO clients are asking: do we even need an

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Montana Development Update, Summer 2022

Market Reports & Articles /

https://www.youtube.com/watch?v=vOuYx_oibHY Hey, What’s That Montana? Tourists are trying to pet the fluffy cows, road construction is in full swing, and the temps just keep on rising – it’s officially summer in Montana. Stay tuned for more with advisors Connor McMahon and Kara Hogan.  Sure is, and there is plenty of new development around the state. First,

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