SterlingCRE provides an overview of the commercial real estate market in Missoula. The city continues to face low vacancy rates in office and retail spaces, leading to limited supply amidst growing demand. Construction activity has slowed due to market uncertainty, elevated costs, and restricted lending, resulting in a contraction of new projects. The multifamily housing …
The rise of Missoula short-term rentals (STRs) and their impact on the local economy, property owners, operators, and the community. Download a full whitepaper on Missoula short-term rentals here.
Claire Matten, CCIM/SIOR, with SterlingCRE discusses the dynamic industrial real estate market of 2022, where strong demand, declining vacancy rates, and soaring lease rates took center stage. From Missoula County to Montana at large, the industry witnessed a shift towards land purchases due to limited available properties. E-commerce’s exponential growth and the rise of last-mile …
Missoula Industrial 2023 | Big Metal Box Updates Read More »
What’s ahead for the retail sector in Missoula? How do national trends impact local Montana? Find out with SterlingCRE Advisors. Ready to check out available retail spaces in Montana? Contact Connor McMahon.
Read on for up to date information on Bozeman Multifamily Vacancy 2023. Bozeman, Montana, is set to experience a significant increase in available apartment units in the near future. This follows years of constrained multifamily housing inventory in the region. The development pipeline indicates that multifamily vacancy is likely to rise by several percentage points in Gallatin …
Bozeman Multifamily Vacancy 2023 | Development Pipeline Update Read More »
Spend any amount of time at a Bozeman brewery and you’re sure to hear a lot of theories on why Bozeman is growing (some more rational than others). Whatever the theory, it isn’t surprising that a city pairing a high quality of life with a growing economy is attracting newcomers from both out-of-state and across …
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 …
What’s up in Missoula’s Midtown? Hey Missoula, get ready for the Midtown Minute, some quick real estate and development news from the center of the city. The old Fat Cat building continues to take shape, with Horizon Credit Union planning to move in once renovation wraps up. With about 5000 square feet under construction, we’ll …
Buy Multifamily Housing in Montana | Missoula | Bozeman | Helena | Great Falls We’ve been tracking nosediving apartment vacancies since late 2020. Rates remain extremely low in the first quarter of 2021, coming in at 1.24%. While that’s up slightly over last year, it’s still far from a healthy market where we would expect …
Ready to buy a multifamily building in Missoula? Read More »
Ready to sell a warehouse in Missoula – just not sure if now is the right time? Alright, owners of industrial buildings: you’ve probably been asking yourself, is now the right time to sell your warehouse in Missoula? And we think we have your answer: it’s yes. Here’s why. From production facilities for the TV …
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