OUTLAW PARTNERS
Outlaw Real Estate Partners and Stream Realty Partners are pleased to announce the groundbreaking of a new industrial development for Ferguson on Frank Road in Belgrade, Montana.
Strategically positioned for seamless accessibility, the 21.36-acre property is at the epicenter of Belgrade’s rapidly growing industrial corridor, located south of I-90 and within minutes of Bozeman Yellowstone International Airport in the growing Gallatin Valley.
“We are proud to deliver Class A industrial space in the Gallatin Valley that will attract new businesses and foster positive economic development throughout the region,” said Mike Magrans, Managing Partner and Chief Investment Officer of Outlaw. “Industrial space is in high demand given the robust population growth our area has experienced over the last 10 years, and we are pleased to be able to meet that demand with institutional quality buildings and tenants.”
Vardaman Construction, who recently completed the construction of the FedEx distribution facility also on Frank Road, is the general contractor overseeing the project and is a national leader in industrial development.
“We are so pleased to be able to grow our business in Montana and work with great partners like Outlaw, Stream and Ferguson to deliver best-in-class industrial space in this exciting market,” said Paul Vardaman, President of Vardaman Construction.
Ferguson, the largest value-added distributor serving specialized professionals in the residential and non-residential North American construction market, is secured as the anchor tenant occupying 88,000 square feet of space in the first phase of the development. Their new facility will feature a leading-edge warehouse and distribution center, office space and a showroom for their extensive range of bath, kitchen and lighting products. This new facility is designed to enhance Ferguson’s ability to serve the needs of construction and design professionals while reinforcing its position as a leader in the plumbing supply industry.
Phase two of the Frank Road industrial development sits on just over 10 acres. It will accommodate 125,000 square feet of Class A space for a single or multiple tenants. Potential tenants for phase two can expect to start construction in the spring of 2026 for occupancy in the summer of 2027.
For more information on the Frank Road development, please contact Darren Streets with Outlaw Realty at darren@outlaw.realty or 406-570-4862.
