Medical Office Building Dev. Site Just Sold!

Sterling CRE Advisors represented the buyer in the purchase of 1930 West Broadway. Once a used car lot, 1930 West Broadway will house a gastroenterology specialist. The existing buildings will be demolished and replaced with a modern medical office building. Wait times to see a gastroenterology specialist in Missoula can be up to six months. […]

What the TIF?

You’ve probably heard the term “TIF” in the news, usually related to new projects in a sometimes rundown part of town. Generally, TIF (Tax Increment Financing) funds are supposed to boost economic development. Many cities across Montana have TIF districts, including Missoula, Bozeman, Helena, and Kalispell. Though complex, TIF can be a useful lever for […]

Hey What’s That Missoula?

Hey Missoula! What’s happening around town? In episode 13, Claire & Matt share all of the details about the dirt moving in Missoula. This episode takes a look at new projects taking shape on the edge of Missoula as well as some redevelopment projects in town. Plus don’t miss Claire’s big announcement!  Subscribe to our […]

Office Space Trends

It’s hard to believe that in March, millions of office workers crammed onto busy highways, entered busy offices and shook dozens of hands. By April, many were questioning if anyone would ever safely go back to an office. As offices cautiously reopen, what changes are in store? Spaces will evolve for the new normal, creating […]

How Does That Work? Blend & Extend Leases Explained

So, How Does That Work? Blend & Extend Leases Explained Are you looking for a way to help your tenants out with some rent relief without damaging the value of your real estate asset? Matt Mellott, CCIM walks us through Blend & Extend leases in this episode. It’s a lot of math, but is a […]

Self Storage Positioned To Weather The Storm

Many investors in today’s market are wondering what commercial assets are viable investment opportunities given the risk of COVID-19.  In recent weeks, medical office and self-storage have emerged as assets that are resistant to market volatility. Let’s talk about the cosmetic underdog between the two and identify reasons self storage can withstand an unexpected pandemic: […]

Hey What’s That Missoula? Mullan Area Plan

Hey Missoula! What’s happening around town? In episode 12, Claire & Matt May be apart, but they still have news to share about Missoula. This episode is chock full of info on retailers working to make our lives better during these times, as well as some updates on real estate projects & the Mullan Area […]

Peek into the future of Mullan & Reserve Area

One thing is for sure: the Mullan & Reserve area of Missoula will look very different in the coming years.  What, exactly, it will look like is being shaped right now through a virtual charrette and town planning process facilitated by Dover Kohl Partners.  The future vision evolving right now looks like a dense, new […]

Resident Safety and Financial Stability for Multifamily Properties in Montana

  Taking care of your tenants in difficult times is the best way to take care of your investment.  For multifamily owners and managers, priorities should include keeping staff and residents safe from illness, continuing to keep properties safe and well maintained and maintaining cash flow to ensure that loans, vendors and employees are paid. […]