Montana Hospitality Industry Makes Recovery

In Montana, hospitality and tourism generates nearly 60,000 jobs and injects $3.7 billion into the economy. But how did the Montana hospitality industry weather 2020? Major disruptions to leisure and business travel led to plummeting occupancy rates and decreased RevPAR (RevPAR is a common metric used to determine revenue per available room).  The Data  From […]

Adaptive Reuse, Infill and Absorption: CRE 101

Investing in real estate builds wealth. And while diving into the world of commercial real estate investments may seem unachievable, there are ways to start small and build a portfolio over time. To get there, we want to help you build a foundation of knowledge. Post your questions below or send us a message we […]

The Economic Impact of “Yellowstone”

As we wrap up the biggest CRE stories of 2020, we had to include a story that was impossible to miss: the hit TV show “Yellowstone” relocating to Montana. It was our most viral deal of the year – and for good reason.  For the first few seasons, filming for the hit TV show “Yellowstone” […]

Tonix Pharmaceuticals Plans Vaccine Development and Manufacturing Facility in Hamilton

Tonix Plans to Bring Jobs, Join Bioscience Cluster in Bitterroot Valley Facility Planned to Produce Vaccines at Commercial Scale, Including Those Under Development for Covid-19 HAMILTON, MONTANA (DECEMBER 23, 2020) – New Jersey-based Tonix Pharmaceuticals Holding Corp.(Nasdaq: TNXP) (Tonix or The Company) closed on an approximately 44-acre parcel of land on Old Corvallis Road in […]

The (Former) Mullan Area Master Plan Gets a Green Light

The (Former) Mullan Area Master Plan Gets a Green Light Which Articles Got The Highest Engagement in 2020 – And What Does That Mean For Commercial Development? Up first, our most-commented-on article in 2020. It’s a peek into the future of the Sx͏ʷtpqyen, (pronounced Sooh-tup-CANE) Neighborhoods Area Master Plan. The plan was formerly known as […]

NNN or Triple Net: How Does That Work?

When it comes to your lease, you’ve heard NNN or Triple Net – but what does it mean? You’ve heard it before, or maybe you already know from experience: investing in real estate builds wealth. And while diving into the world of commercial real estate investments may seem unachievable, there are ways to start small […]

Much ADU about Accessory Dwelling Units in Montana

Montana ADUs: Pros and Cons ADUs in Montana have become more visible in the past decade. Accessory dwelling units are secondary units on a property with a larger, main house. They can be attached or detached, a true tiny house or something a little more spacious. You might also hear them referred to as a […]

How Do We Calculate an Opinion of Value?

Opinions of Value: How Does that Work? One question we get a lot is: how does your team come up with the listing price for commercial properties? While we wish it were as easy as consulting our Magic 8 ball, valuing a commercial property is a much more complicated process. Without a thorough system for […]

Pop-Up Retail in Montana: Trend or Here to Stay?

Pop-up retail is gaining popularity around Montana, largely in single serve events. While more metropolitan markets host a number of spaces exclusively for short and longer-term pop-up use, it seems that many landlords tend to prefer the stability of an established tenant.  But the $10 billion dollar pop-up industry is making more inroads in the […]

Trader Joe’s | Missoula Is Calling (Again)

Trader Joe’s, Missoula is calling (again).  In partnership with the Missoula Midtown Association, Sterling CRE hosted November’s Midtown Mixer. And while another Zoom call might sound boring, the Midtown business community had some fun ideas for expanding the growing district. Midtown professionals answered the following questions:  What retail, restaurant or other business would you like […]