CBC Green & Green Q2 Newsletter
Helena Metro Area Commercial Real Estate Update
A Calm but Confident Market: Q1–Q2 2025 Review
As we close out the second quarter of 2025, the commercial real estate market in the greater Helena Metropolitan Statistical Area — including Helena, Montana City, East Helena, and Clancy — is showing signs of underlying strength, even amid macroeconomic headwinds. Despite rising interest rates and tighter lending conditions, the first half of 2025 recorded 9 closed commercial transactions, a modest figure when compared with previous years. But when viewed alongside the 62 active listings currently on the market, this tells a broader story: buyer selectivity is high, but qualified deals are still getting done…
June Surge: When Activity Caught Fire in Helena
Market Activity vs. Market Movement
Helena’s MSA — including Montana City, East Helena, and Clancy — remains one of the most stable and underbuilt markets in the region. Yet Q1 and Q2 were largely defined by hesitancy. This shifted in June. Across our team and brokerage, we observed: A significant spike in showings, particularly in owner-user product. More letters of intent and offers in a 4-week period than we’d seen all quarter. Renewed urgency from 1031 buyers and local trades firms looking to stop leasing and start owning. Despite only a handful of closings showing up in MLS data, the momentum is real. Helena may not move fast — but when it moves, it does so decisively…
2025 MidYear Outlook Report
CRE activity has increased as buyers and sellers have moved closer together on transactions than at any point in the past 18 months. While challenges such as high interest rates, tariff uncertainty, construction costs, and labor issues still persist, many sellers who were waiting for conditions to improve have adjusted their expectations – and pricing – while buyers have found creative ways to close deals. People are tired of waiting it out, especially…
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