In a significant development for the industrial sector, Outlaw Real Estate Partners has initiated construction on a new industrial complex in Belgrade, Montana. The project aims to address the growing demand for industrial space in the Bozeman valley area. Spanning over 21 acres, this strategic location is poised to attract new businesses and boost economic growth. The first phase of the project will provide Ferguson, a leading distributor in the North American construction market, with an expansive facility that includes warehouse, distribution center, office space, and showroom areas. Future plans include additional Class A space for potential tenants. This development underscores the region's commitment to fostering economic prosperity and meeting the needs of local industries.

Detailed Report on the New Industrial Development in Belgrade

In the heart of Montana’s picturesque landscape, a new chapter in industrial expansion is unfolding along Frank Road in Belgrade. This ambitious project, spearheaded by Outlaw Real Estate Partners, marks a pivotal moment for the region. Situated in the rapidly expanding industrial corridor south of Interstate 90 and close to Yellowstone International Airport, the 21.36-acre site promises to transform the local economy.

The project's first phase focuses on delivering a state-of-the-art facility for Ferguson, covering 88,000 square feet. This modern complex will feature a warehouse, distribution center, office spaces, and a showroom, significantly enhancing Ferguson’s operational capabilities and service delivery to construction and design professionals. Vardaman Construction, known for its recent successful completion of a FedEx distribution facility on the same road, has been entrusted with the general contracting responsibilities.

The second phase, set to commence in early 2026, will develop more than ten acres into 125,000 square feet of Class A industrial space, adaptable for single or multiple tenants. With occupancy targeted for mid-2027, this phase aims to cater to the increasing demand for high-quality industrial facilities in the region.

Mike Magrans, managing partner and chief investment officer at Outlaw, expressed pride in delivering top-tier industrial space that will not only attract new businesses but also foster positive economic development. Given the robust population growth experienced over the past decade, this initiative is timely and essential for sustaining the region’s economic momentum.

From a reader’s perspective, this development highlights the importance of strategic infrastructure investments in supporting local economies. It demonstrates how well-planned industrial projects can attract new businesses, create jobs, and stimulate economic activity. The success of such initiatives can serve as a model for other regions facing similar challenges, emphasizing the need for forward-thinking policies and collaborative efforts between private and public sectors.