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 […]

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 […]

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 […]

TEDDs In Montana: How Does That Work?

Targeted Economic Development Districts or TEDDs In Montana. What do Shelby, Lockwood and Missoula all have in common? Besides some pretty nice views, all three host TEDDs. TEDD stands for Targeted Economic Development Districts. TEDDs in Montana can create jobs, reduce crime, and increase tax revenue for a community. That means better schools and more […]

Montana Self Storage Market Update | Q4 2020

Montana Self-Storage Market Update Review  Claire Matten | Advisor | CCIM | Sterling CRE Advisors  Market Overview Dropping interest rates Compressed cap rates Low vacancy Spiking demand Higher values  Around The State In Missoula, limited footprint space and delayed construction have driven apartment vacancy to 1%. For some, property taxes are pushing some folks to […]

Grey Shell, White Shell, Warm Shell, Cool Shell

Grey Shell or White Shell? Warm Shell or Cool Shell? When looking for a commercial space to lease or buy, you’re likely to run across the term “shell.” In particular, commercial listings might include the term “cold, grey shell” or “warm, white shell.”  What does that mean? Shell terminology makes sense, as these facilities might […]

TEDD: How Does That Work?

TEDDs, or targeted economic development districts, are areas where tax incentives are available to developers. Often, TEDDs are in an area that’s ripe for development but lacks key infrastructure like roads. And with one single mile of roadway coming in at two to five million dollars to construct, those costs keep developers from investing in […]

Ghost Kitchens in Montana

Ghost Kitchens: Not That Spooky, We Promise Happy Halloween Montana! On this edition of How Does That Work, we’re covering ghost kitchens – don’t worry, it’s not as spooky as it sounds. Before COVID-19 hit, Montanans loved to eat out. In fact, on average, residents spent almost three thousand dollars each on dining out every […]