2024 Q2 Market Update

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MARKET UPDATE

AboutUs

ColdwellBankerCommercialCBS

Our organization strategically combines a powerful national presence with the agility of a regional market innovator. Coldwell Banker Commercial CBS has the resources and insight to understand our local market and the expertise to convert this knowledge into tangible value for each client. Our professionals stand ready to help clients discover untapped Commercial Real Estate market opportunities and to deliver a range of services designed to add value to their businesses. Our professionals service a wealth of business categories, with clients representing established corporations to small businesses to individual investors.

Trend Report: Spring 2024

REINVENTING THE RESTAURANT

Not quite a full-service dining experience, but a step above typical fast food, the quick service restaurant (QSR) has filled a critical niche for consumers who seek a reasonably priced meal out or to take home. The concept especially appealed to younger consumers and timepressed families, who prize experiences over merchandise. But just as retail real estate faced a crisis during the Covid-19 pandemic, so, too did the QSR industry.

Minimizing face-to-face contact became critical, as did establishing outdoor eating locations and arranging spaces for pick-ups rather than dining in.

The industry was forced to innovate and now, four years later, many of the new technologies and strategies that resulted have become part of a new normal.

From in-store kiosks, apps, contactless deliveries and a growing reliance on drive throughs, the look of QSR has changed, and real estate operators must accommodate them.

Yet even in this new normal, more challenges remain. Even more advanced technology will be utilized that will remake the facility, the restaurants’ relationship with their customers and its real estate needs.

Retail & Office

CLIENT

PARTNERS

BANKS

FIRST INTERSTATE BANK

LITTLE HORN BANK

OPPORTUNITY BANK

STOCKMAN BANK

U S BANK

RETAIL

ACE HARDWARE

BEARTOOTH HARLEY DAVIDSON

CRICKET WIRELESS

DOLLAR GENERAL

HARBOR FREIGHT

RESTAURANTS

ARBY'S

CAFE RIO

COCA COLA

CRUMBL COOKIE

JACK IN THE BOX

JERSEY MIKE'S

JIMMY JOHNS

LITTLE CEASAR'S MAZEVO COFFEE

SERVICES

ACOSTA

AE2S

ALL AMERICAN PHARMECEUTICAL

ALLSTATE

AR WORKSHOP

AT&T

AUTOZONE

AXIOM LAW

BARGREEN ELLINGSON

BEAR MOUNTAIN ADI

BLUE BEACON TRUCK WASH

BONINI ENTERPRISES

BOREALIS FUELS AND LOGISTICS

BUGGY BATH CAR WASH

CENTIMARK ROOFING

CHICAGO TITLE

CK TECH

VALLEY FEDERAL CREDIT UNION

WELLS FARGO

WESTERN SECURITY BANK

YELLOWSTONE BANK

MENS WAREHOUSE

RENT A CENTER

SHOPKO

STATE LIQUOR STORE

TRACTOR SUPPLY CO

MCDONALD'S PAPA MURPHY'S PROOF DONUTS

QDOBA

STARBUCKS

STEAK AND SHAKE

SUBWAY

TWISTED SUGAR

DAIRY QUEEN

CHEN’S EXPRESS

EDWARD JONES

EPIROC USA

FAITHFUL DISASTER RESTORATION

FASBREAK AUTOGLASS

FEDERAL DEFENDERS OF MT

FLYING S TITLE

FORZA DEVELOPMENT

HARDRIVES ASPHALT HOLIDAY/CIRCLE K

KOMATSU

MILLS ELECTRIC

NEWMAN RESTORATION

PENSKE TRUCK RENTAL

PHILLIPS 66

PLANET FITNESS

QUIKRETE

ROCKY MOUNTAIN VEIN

CLINIC

ROCKY VISTA UNIVERSITY

ROTO ROOTER

SECURITAS

SHAMROCK FOODS

SUMMER'S MCNEA AND CO

TETRA TECH ENGINEERING

THRIVENT

TKI INC

TOWN PUMP

TYLER TECHNOLOGIES

VANROCK HOLDINGS

VETERAN'S AFFAIRS

WESTERN NATIVE VOICE

YELLOWSTONE CHRISTIAN

COLLEGE

ZIMMER BIOMET

CLIENT

SERVICES

ACQUISITION & DISPOSITION

BUYER REPRESENTATION

SITE SEARCH

BUILD TO SUIT

LEASE/OWN ANALYSIS

ACQUISITION

LEASE AUDITS

SELLER REPRESENTATION

LEASING SERVICES

DISPOSITION

LEASE ANALYSIS

LANDLORD REPRESENTATION

PROPERTY POSITIONING / RE-

POSITIONING

TENANT RETENTION

TARGET MARKETING TO SUITABLE

PROSPECTS

LANDLORD MARKETING

STRATEGIC PLANNING SERVICES

NEGOTIATIONS

LEASE ANALYSIS

TENANT REPRESENTATION

STRATEGIC PLANNING SERVICES

ACQUISITION OR DISPOSITION

RELOCATION SERVICES

LEASE/OWN/SALE

LEASEBACK ANALYSIS

NEGOTIATIONS

LEASE ANALYSIS

CONSULTING & VALUATION

OPINION OF VALUE

INVESTMENT ANALYSIS

FINANCIAL ANALYSIS

MARKET RESEARCH

LEASE ANALYSIS/RENEGOTIATION

ADVISORY SERVICES

BANK OWNED REO SERVICES

LEASE ADMINISTRATION

LEASE AUDIT

BUILD TO SUIT/TENANT FIT UP

CONSULTING

APPRAISAL AND OTHER

VALUATION SERVICES

MARKET SURVEYS AND ANALYSIS

SPACE PLANNING

LEASE ADMINISTRATION

LEASE AUDIT

BUILD TO SUIT/TENANT FIT UP

CONSULTING

APPRAISAL AND OTHER VALUATION SERVICES

MARKET SURVEYS AND ANALYSIS

DEMOGRAPHIC / DRIVE-TIME STUDIES

SPACE PLANNING

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