Billings: A Premier Destination for Commercial Real Estate

Introduction

Billings, the largest city in Montana, is an emerging hub for commercial real estate (CRE) with its robust economy and strategic location. Known for its diverse industry clusters, including energy, healthcare, and agriculture, Billings serves as a vital economic engine in the region. Its unique positioning along major transportation routes makes it an attractive destination for CRE investments, offering opportunities in various property types like office, industrial, and retail spaces.

Economic and Industry Overview

Billings boasts a diverse economy driven by major industries such as energy, healthcare, agriculture, and logistics. The presence of refineries and energy companies fuels demand for industrial properties, while the healthcare sector, supported by facilities like Billings Clinic and St. Vincent Healthcare, drives the need for office and medical spaces. The region's agricultural roots contribute to the logistics sector, enhancing demand for warehousing and distribution centers.

Explore more about Billings' economic landscape through the Big Sky Economic Development agency.

Strategic Location and Transportation Infrastructure

Billings' strategic location offers unparalleled access to major transportation networks. Intersected by Interstate 90 and 94, the city provides connectivity to regional and national markets. The Billings Logan International Airport facilitates air travel, while the Burlington Northern Santa Fe Railway enhances freight movement.

For more details, visit the Montana Department of Transportation and the Billings Logan International Airport.

Commercial Real Estate Inventory & Zoning

The Billings CRE market is characterized by distinct submarkets, including the Central Business District (CBD), industrial corridors, and innovation districts. Key asset classes in the city encompass industrial, retail, flex, office, and commercial-grade multifamily properties. Recent zoning changes have introduced incentives for developers, fostering growth in mixed-use developments and innovation parks.

Review the city's zoning maps and parcel viewers.

Major Employers and Institutions

Billings is home to several major employers, including ExxonMobil, Billings Clinic, and First Interstate Bank. These institutions, along with Montana State University Billings, significantly influence CRE demand in the area. The city's economic development is further supported by corporate headquarters and tech campuses.

Find more information through the Billings Chamber of Commerce and city business directories.

Notable Commercial Developments & Projects

Significant commercial developments in Billings include mixed-use projects and master-planned communities. Public-private partnerships and designated Opportunity Zones are driving investment in innovation parks and revitalization districts.

Access detailed planning information at the City of Billings Planning Department.

Building Permits, Planning, and Development Tools

• Billings Building and Safety Department
• Permitting Portals
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Leverage public data sets for informed investment decisions. Access resources like census.gov and the city's open data portal for comprehensive economic reports. Brevitas uses AI-powered aggregation to provide real-time insights, offering a dynamic view of the Billings CRE market.

Explore Brevitas-powered dashboards for Billings.

Why Use Brevitas for Billings CRE?

Brevitas revolutionizes CRE discovery in Billings with AI-driven tools that offer:

• Auto-generated listing pages
• Real-time market alerts
• Smart property pages
• Dealroom collaboration

Our platform integrates seamlessly with brokers and developers, providing exclusive listings and premium exposure. Utilize Brevitas' email and landing page tools to enhance your CRE strategy in Billings.

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