Markets
Great Falls
Great Falls, Montana, located in the central part of the state, is a key regional hub for trade, transportation, and healthcare. With a smaller population than cities like Billings or Missoula, Great Falls has a distinct commercial and multi-family real estate market shaped by its historical significance, industrial base, and recent efforts to revitalize its downtown and surrounding areas. Great Falls' commercial real estate market is diverse, with a mix of retail, office, industrial, and healthcare properties. Great Falls’ multi-family real estate market is influenced by its role as a regional trade and service center, as well as the presence of military personnel from the Malmstrom Air Force Base.
Market
Strengths
Transportation and Logistics Hub
Healthcare Sector
Stable Workforce
Growing Retiree Population
Market
Weakneses
Limited Market
Aging Infrastructure
Limited New Construction
Rent Growth Pressure
Vacancy Rates
Market
Opportunities
Industrial Growth
Healthcare and Senior Living
New Multi-Family Construction
Military and Senior Housing
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Past Projects in Great Falls
Great falls Relocation
Sage Advisors assisted with a new location in the Bozeman market for a company moving into Montana. After spending time in the market, the decision was made to relocate to the Great Falls area to capture new contracts and growth in the Great Falls area. Sage Advisors successfully sold the prior location and acquired new properties in the Great Falls area, meeting all timeline constraints for the client.
Local Knowledge Leads to New Developments
After successfully acquiring multi-family properties in other Montana markets, MWest Holdings hired Sage Advisors to enter the Great Falls Market. After completing several market tours and meetings with land owners, the group found opportunities with annexation properties that created below-market land costs in desirable neighborhoods for new Multi-Family developments. Sage Advisors will assist with all project underwriting, capital campaigns, and project management.