MT - Billings
NE - Lincoln
DEMOGRAPHICS
Billings, MT
4,683
155,673
63,905
$68,486
69,806
4.8%
Coldwell Banker Commercial
The Brokers
1215 24th St. W. Suite 240
Billings, MT 59102
(406) 656-2001
www.cbcmontana.com
CONTACT
OFFICE
Vacancy
Q
Absorption
P
Rental Rates
N
INDUSTRIAL
Vacancy
Q
Absorption
P
Rental Rates
P
MARKET HIGHLIGHTS
•;Sanjel moved into Billings in
2012.
•;Vacancy is falling due to the
strong demand created by jobs
in Energy, Retail and Medical.
•;Announcement of a new
220,000 SF Scheels Sporting
Goods Store scheduled to
open in 2014. New Volkswagen
dealership scheduled to open
Spring of 2012.
•;Decrease in home construction
has led to a stable residential
market and increased demand
for Multi-Family units.
•;Energy and agricultural
industries are driving growth.
•;Billings is the nearest
commercial hub to the Bakken
oil boom.
RETAIL
Vacancy
Q
Absorption
P
Rental Rates
P
MULTI-FAMILY
Vacancy
Q
Absorption
P
Rental Rates
P
DEMOGRAPHICS
Lincoln, NE
1,414
299,958
126,751
$68,288
142,514
3.6%
Coldwell Banker Commercial
Thompson Realty Group
620 N. 48th St., Suite 101
Lincoln, NE 68504
(402) 421-7700
www.cbcthompson.com
CONTACT
OFFICE
Vacancy
P
Absorption
P
Rental Rates
N
INDUSTRIAL
Vacancy
Q
Absorption
P
33 Rental Rates
P
MARKET HIGHLIGHTS
•;Gallup Poll shows Lincoln, NE as
#2 on the “List of 10 Happiest
Cities.”
•;Over $38 million in building
permits were pulled for Retail
improvements in the 2nd half
of 2011.
•;Pinnacle Bank Arena and the
expansion of Memorial Stadium
have cranes busy in Lincoln.
•;New businesses include: ULTA,
Cheddar’s, Vitamin Cottage,
Pancheros, Topper’s Pizza,
Cherry Berry and many more.
•;The roadways near downtown
have been improved due to the
Antelope Valley Project.
•;Sam’s Club has broken ground
on a 2nd location in South
Lincoln.
RETAIL
Vacancy
Q
Absorption
P
Rental Rates
Q
MULTI-FAMILY
Vacancy
N/A
Absorption
N/A
Rental Rates
N/A
