Class A…or Just Classy? You have a nice building – a great building, actually. Lots of parking, good location, a fancy tap that dishes out on-demand cold brew, and credit tenants. Is this class A…or just classy? The term “class A” gets thrown around a lot in Montana commercial real estate. We assume no malice […]
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Development has taken off on West Broadway in Missoula, Montana. We know that Missoulians love their coffee and Copper Mountain Coffee appears to be ready to capitalize on our shared dependency. The Montana-local coffee company purchased the old Subway building at 1650 West Broadway, so be on the lookout for an opening date. According to
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What commercial real estate opportunities should you look for in Kalispell, Montana? While it doesn’t get quite as much airtime as Missoula or Bozeman, Kalispell is experiencing the same expansive growth as other major Montana cities – and the Kalispell commercial real estate sector shows great potential. The City of Kalispell reports that residential permitting,
Kalispell Commercial Real Estate: Small Town Feel, Big City Appeal Read More »
What’s up with Butte and Billings development in Montana? Check out what’s new! As 2021 comes to a close, we’re taking a look back at Montana’s big development news. Here are some of the major commercial projects from across the state this year. While Missoula and Bozeman have long been hubs for commercial investment, we’re
Montana Development: Butte, Billings, & Kalispell Read More »
Montana Housing: Big yards? Out. Cohousing? In. A new generation of Montana home buyers is considering cohousing, co-ops, live/work style units, and other nontraditional housing products in lieu of single-family homes. While traditional homes still appeal to some buyers, rising prices and changing values signal an evolving market. What’s changed? And how can builders be
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Bozeman Multifamily / Apartment Vacancy at 2% Limited rental product in current market but hundreds of new units in development pipeline A market survey conducted by Sterling Commercial Real Estate Advisors (Sterling CRE) showed multifamily vacancy in Gallatin County at 2% in the fourth quarter of 2021. A balanced market generally has a 4 –
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Is Your AirBnB Creating a Crisis in Missoula? “Anecdotally, many Missoulians believe short-term rentals are eating up what otherwise could serve as housing to those who live and work in the city,” reported the Missoula Current. “Can’t wait to not be able to park and pay more for rent so out of state and local
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Montana Pet-Friendly Communities: Take Note, Developers! Take note, Missoula developers! In a recent survey of home buyer preferences in Missoula, more respondents requested a dog park than were looking for a playground. This doesn’t come as a surprise as 50% of US households have a pet vs 27% of households with a child under the
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Get the right management for your Montana Multifamily property. Montana Multifamily owners, is your management up to par? Did you know that there are hundreds of new apartments under construction in key markets across Montana? As the rental landscape gets more competitive, there are a few key questions to ask your property manager. Here are
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Missoula Housing Research| Prospective Buyers Switching It Up The last best place has become the first and best option for people looking to move. It’s not just out of staters, either. Montanan’s are leaving smaller cities for job opportunities in larger markets like Billings, Missoula, and Bozeman. As the demographics change in these cities, what
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