Rents
Asking and effective lease rates
By submarket and property type, separated into gross and net, with the concessions that don't show up in an asking rate.
Market intelligence
The Great Falls commercial market, in numbers.
CoStar doesn't cover this market and the national brokerages don't have an office here. So the data comes from us — from the leases we negotiate and the valuations we run.
What we track
Four things that tell you where this market is.
Sales
Comparable sales and cap rates
What actually closed, at what price per square foot, and what that implies about where cap rates sit in a market with thin trade volume.
Occupancy
Vacancy and absorption
How much space is empty, how quickly it's filling, and which corridors are tightening while others soften.
Pipeline
Construction and conversions
What's being built, what's being repurposed, and what that adds to supply over the next several quarters.
Reports
Published quarterly.
Method
Where the numbers come from.
Closed transactions we brokered or verified, MLS data, county assessor records, and direct conversations with owners and other brokers in town. Where a figure rests on a small sample — which in a market this size it often does — we say so rather than presenting it as precision.