Quarterly Reports

Missoula Industrial 2023 Trends

Missoula Industrial 2023 Montana industrial product continues to hold a position in the spotlight – with Missoula industrial product showing gains. The tremendous growth in e-commerce has been the primary driver of the push on industrial product, as e-commerce propelled major warehouse and distribution expansion across the nation – including Montana. E-commerce currently accounts for …

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Will Missoula Renters Catch a Break? Apartment Vacancy on the Rise

Missoula’s multifamily market entered 2023 with a vacancy rate of 2.91%. Vacancy rates have edged up through 2022, rising almost a full percent in the fourth quarter. Most available units are located in the Mullan and Reserve submarket, where most of Missoula’s new housing construction is ongoing. The average Missoula apartment asking rent is $1,333.90 …

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Missoula Apartment Market Outlook | Q4 2020

Missoula Apartment Market Update [download_after_email id=”1768″] Missoula’s apartment vacancy rate has dropped to a low of .95% in a survey of multifamily housing. The survey was conducted by Sterling Commercial Real Estate Advisors (Sterling CRE).  The survey captured a snapshot of the market in December 2020. Looking at 2020 survey data, apartment vacancy sat at …

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Missoula Apartment Vacancy Report | Q3 2020

Research Confirms Missoula Apartment Vacancy Woes A survey of over 5,600 market rate apartment units in Missoula found a vacancy rate of 1.2%. The survey also found increasing rents and no incentives. “Last year at this same time, the vacancy rate was 3.3%,” said Matt Mellott of Sterling CRE Advisors. “Everyone in the rental market …

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