If you’re like many property owners we know in Montana, you recently received an unpleasant surprise in the form of your increased property tax assessments. You should have received your biennial updated property assessment from the Montana Department of Revenue in the last few weeks. Many property owners felt the shock of increases in […]
Montana Property Tax Sticker Shock? How to Appeal Read More »
https://youtu.be/Se3hrHGCkoQ What’s up with retail in the Garden City? Kara Hogan and Connor McMahon talk about what retail is hot, market stats and what’s in the pipeline for Missoula.
Missoula Retail Minute | Summer 2023 Read More »
In a tight real estate market with low inventory, investors may need a 1031 exchange alternative. If a seller wants to defer taxes but available properties don’t fit within their criteria, a traditional 1031 exchange may not make sense. This can be especially true in today’s current market. The good news is that a seller
1031 Exchange Alternatives | Are UPREITS a Good Deal? Read More »
Demand for office space in Montana is on the rise – but most users are looking for upgraded spaces with new finishes and modern appeal. Take your aging office to the next level without the investment of major renovations with some small-scale improvements that can significantly enhance the value and appeal of your office. New
Bump Up the Value | Quick & Easy Updates For Your Office Space Read More »
Hammers, nails, and engineered wood flooring have been flying at new apartment communities across Bozeman in 2023. Fast and furious construction is bringing needed new housing to market. This is good news for Bozeman’s tenants who have seen limited options and rising rents through 2021 and 2022. Vacancy Rate As we near the end
Bozeman’s Boom-tastic Bonanza: Apartments Fly Up Across the City Read More »
https://youtu.be/TKp_RNY35-0 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
Missoula Office Data Market Minute | 2023 Read More »
https://youtu.be/vB9fxnEQHhE SterlingCRE Advisors discuss what’s happening in Missoula commercial development in spring 2023. A former Taco Johns on West Broadway in Missoula will become a dispensary, offering a picturesque view and the potential for increased foot traffic as the area develops. Smitty’s Car Wash is also set to open on Reserve Street, and a new
What’s That, Missoula? Read More »
https://youtu.be/wrdr2krfwv4 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
Missoula Industrial 2023 | Big Metal Box Updates Read More »
Missed Missoula MarketWatch? The upshot is that Missoula’s commercial real estate sector is still active, with interest on both the sale and lease sides – but, there are challenges ahead for every asset type. Missoula’s commercial real estate market faces low vacancy rates, with a limited supply of office, retail, and industrial spaces to meet growing
Pro/Con: Missoula Short-Term Rentals Read More »
Lana Miller, Sterling Commercial Management Property Manager A good tenant in a commercial space is worth their weight in gold. To ensure a positive landlord-tenant relationship, here are a few tips. Communication is key. It’s important to set expectations for how work orders will be submitted, received, and responded to. Get everything in writing. No oral leases are
Top Tips for a Great Commercial Tenant/Landlord Relationship Read More »
