What is a Triple Net Lease?

Demystifying the Triple Net Lease for Commercial Tenants  By Nick Chaussee, Sterling CRE Advisor Looking for a new rental space for your business but feeling confused by the jargon? Sterling Advisor Nick Chaussee breaks it down*.  *This is a general overview of leasing terms. Every lease is unique. The specific circumstances of each lease should […]

Montana Fire Sprinklers: Just Sold!

Industrial Infill Site Just Sold to Montana Fire Sprinklers In every commercial building, there are life saving devices just a few feet away. Are you sitting in your office right now? If you look up, you’ll more than likely see a fire sprinkler head somewhere on your ceiling. While these little sprinkler heads usually go […]

“Yellowstone” in Missoula Valley: Hey, What’s That?

Hey, What’s That Missoula? Yellowstone in Missoula, the state flower is in full bloom along  and the city gets into the housing development game. The Sterling team had the opportunity to help bring one of cable TVs most popular shows, “Yellowstone” in the Missoula Valley. Yellowstone, starring Kevin Costner, secured a leased space near Missoula […]

Montana MEDIA Act Attracts TV, Film Production

What is the Montana Economic Development Industry Advancement (MEDIA) Act?  Hit series “Yellowstone” is set to film season four entirely in Montana – and it’s no longer just the epic landscapes of Big Sky Country attracting major productions like these. Effective July 1, 2019, a number of new tax incentives were put into place as […]

The Retail Impact of Coronavirus: Landlord Tips

As COVID-19 continues to negatively impact the US economy, the retail impact of coronavirus is in the spotlight. Commercial landlords are concerned about how best to support retail tenants. Shopping outlets and restaurants are left wondering if they can meet rent obligations as unemployment spikes and consumer spending tightens. Just as the US revved up […]

Is Your Commercial Real Estate Advisor an Expert?

You’ll pay the same commission to a commercial real estate advisor regardless of their experience or education. National endorsements make a difference in the quality of your advisor- and the speed and integrity of your transaction.  Decoding the Alphabet Soup The CCIM and SIOR endorsements are industry standards to show education, experience and expertise in […]

Meet Nick Chaussee

Like most Montanans, Nick Chaussee has a few irons in the fire. In addition to being a full time broker with Sterling Commercial Real Estate (CRE) Advisors, he’s also studying for the CCIM designation and co-owns a metal fabrication company. (Not sure how to pronounce Chaussee? Just think show-say). Initially on track for a Finance […]

Missoula’s Apartment Market Research

Missoula’s apartment market waged a solid performance in the second quarter of 2020. What’s the upshot? Limited New Apartments In the first half of 2020, 82 units have delivered. An additional 90 are under construction. Missoula’s apartment market is on pace to see a 35% decrease in deliveries over 2019. Vacancy Rate Stable The second […]

Childcare in Missoula: Work Perk?

Hyped as a premium benefit for parents, on-site childcare seems to be the wave of the future. Missoula’s Childcare Problem With kids ranging from just a fews weeks old to teenagers, the Sterling team is very familiar with the challenges of securing childcare. We know about Missoula’s lack of childcare availability. Gaps in childcare across […]

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 […]