How is a Commercial Sale Different than a Home Sale?

Is a CRE Deal Really that Different? Working through the process of buying or selling commercial real estate can be daunting. I’m Claire Matten, advisor with Sterling Commercial Real Estate. I’m here with advisor Matt Mellott to provide a high level summary of a commercial real estate sale from end to end. Taking an asset […]

Flying Squirrel Closes, New Food Options Open

Hello Rageef and Goodbye Flying Squirrel: What’s That, Missoula? Welcome to Hey What’s That Missoula, where we get you up to speed on all the dirt moving in and around Missoula.  First, we have to admit that our Missoula crew is a little jealous of both Helena and Billings this week. Chik-Fil-A filed a zoning […]

Montana Commercial Real Estate 2020 Wrap Up

Get ready for a rundown of some of the biggest commercial development stories across Montana in 2020. What happened in commercial real estate in Montana this year? So 2020 –  that was a heck of a year, huh?  We’re glad it’s almost over. But, even in the midst of a pandemic, an economic crisis and […]

Tonix Pharmaceuticals Plans Facility in Montana

Tonix in Montana: Groundbreaking Slated for Early 2022   Welcome to Hey What’s That Missoula. We’ll get you up to speed on all the dirt moving in and around Missoula. The big news is in Hamilton, Montana, where Tonix Pharmaceuticals closed on a 43-acre parcel. The land will eventually house a vaccine development facility. It […]

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 […]

Missoula Planning Services Secures Director

Hey, What’s That? The Missoula Planning Services department gets streamlined + a new option for pet care is popping up. Did you know a new vet clinic is coming to the Reserve Street corridor? Sentinel Veterinary Medical Care will be a 24-hour emergency vet clinic. They just broke ground near Reserve and Mount Avenue, just […]

TIF Projects in Missoula: An Easy Win?

Among Missoula TIF projects, the Morrison-Maierle building on Mount Avenue is an example of project where funds were used favorably. TIF Projects around Missoula.  In part three of Sterling CRE’s series on TIF funding, Matt Mellott focuses on the positives- how TIF funds can be used as part of a good partnership that benefits both […]

What’s Good? Saddle Mountain Construction

Nick Chaussee is back with Ryan Frey of Saddle Mountain Construction. There’s no shortage of bad news out there. But, here at Sterling CRE Advisors, we work with businesses that are doing good around Montana. Saddle Mountain Construction propels new housing, jobs and economic development in Missoula. Construction jobs weathered the COVID storm. That’s largely […]

Missoula Apartments: Market Report | Q3 2020

What’s Up with Apartments in Missoula?  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 […]

Coming Soon in Missoula: Lululemon and Road Construction

Hey, What’s That Missoula? What’s happening around town? In episode 14, Claire and Matt talk new projects in Missoula: a Lululemon, road construction on Reserve and a new home for Mismo Gymnastics. We also have the dirt on new industrial and apartments coming to Missoula. Subscribe to our YouTube channel here to stay up to […]