Outlaw Real Estate Partners has officially commenced construction on a new industrial development at Frank Road in Belgrade, Montana. The project is located in the heart of Belgrade’s expanding industrial corridor, just south of Interstate 90 and near Yellowstone International Airport.

Designed to meet the rising demand for industrial space in the Bozeman valley region, the development is expected to enhance business growth and support regional economic expansion.

Strategic Location and Purpose

The industrial hub is situated in a prime location for distribution and logistics, providing convenient access to major transportation routes and supporting businesses that require efficient supply chain operations.

“We are proud to deliver Class A industrial space in the Bozeman valley that will attract new businesses and foster positive economic development throughout the region,” said Mike Magrans, managing partner and chief investment officer at Outlaw Real Estate Partners.

“Industrial space is in high demand given the robust population growth our area has experienced over the last ten years, and we are pleased to meet that demand with institutional-quality buildings and tenants.”

Development Details

The 21.36-acre project will be completed in two phases:

Phase 1: 88,000ft² for Ferguson

The first phase of development will deliver an 88,000ft² facility for Ferguson, a major distributor in the North American construction industry. This phase will include:

• A warehouse and distribution center to support Ferguson’s growing logistics operations.
• Office space for Ferguson’s regional administrative needs.
• A showroom to serve construction and design professionals.

Ferguson’s new facility will enhance supply chain efficiencies and strengthen its ability to meet the needs of local contractors and construction firms.

Phase 2: 125,000ft² of Class A Industrial Space

The second phase of development will offer 125,000ft² of additional Class A industrial space, designed to accommodate either a single tenant or multiple businesses.

• Phase 2 construction is expected to begin in early 2026, with occupancy targeted for mid-2027.
• The space will be adaptable for distribution, manufacturing, and logistics companies looking to establish or expand their presence in the region.

Vardaman Construction Appointed as General Contractor

Outlaw Real Estate Partners has selected Vardaman Construction as the general contractor for the project.

• Vardaman previously completed the FedEx distribution facility on the same road, demonstrating its expertise in delivering large-scale industrial developments.
• The company is well-versed in handling complex industrial projects, ensuring that the Ferguson facility and future expansion meet high construction standards.

Economic and Regional Impact

With Bozeman valley’s population experiencing significant growth, the demand for industrial and warehouse space has surged.

The new industrial hub aims to:
✅ Attract businesses that require modern logistics and distribution facilities.
✅ Create job opportunities in construction, operations, and management.
✅ Support regional economic growth by increasing industrial capacity.

By developing state-of-the-art industrial facilities, Outlaw Real Estate Partners is strengthening Montana’s business infrastructure and positioning the Bozeman valley as a key industrial hub.

Looking Ahead

With Phase 1 underway, the Ferguson facility is expected to open soon, followed by the larger Phase 2 expansion. This project underscores Outlaw Real Estate Partners' long-term vision for industrial growth in Montana, providing high-quality spaces for businesses seeking a strong foothold in the region.