About Us

Founded in 1994, NAI Business Properties has more than two decades of experience making us a trusted and respected member of the Billings, Montana community and the global marketplace. NAI Business Properties is the largest and most productive independently owned commercial real estate brokerage in Montana, offering an array of services to Montana businesses and investors.

Our office houses 12 highly trained brokers/agents that service the market in the Montana real estate sector. With more than 175 years of combined experience our agents have been involved in every aspect of Industrial Brokerage, Retail Brokerage, Office Brokerage, Corporate Services, Consulting Services, and Investment Sales & Acquisitions in Billings and across Montana.

NAI Business Properties is the Montana member of NAI Global. NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of over 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world. Our membership in NAI Global keeps our firm on the leading edge of the industry, while allowing us to maintain our local ownership and hometown loyalty. We benefit from the resources of a “corporate office” and hundreds of affiliated account executives worldwide without getting bogged down in bureaucracy. This arrangement makes it possible for us to take advantage of the best resources NAI Global has to offer and integrate them into a market-specific, and even client-specific approach.

NAI Business Properties is a progressive full service commercial real estate brokerage serving Billings and the State of Montana, providing our brokers and their clients with a quality and quantity of services unmatched by our competitors, including:

  • Demographic Mapping
  • Public Relations and Advertising
  • Regional, National and International Marketing

NAI Business Properties is a technological full service commercial real estate brokerage serving our market, providing our brokers and their clients with a quality and quantity of data and delivery unmatched by our competitors, including:

  • In-house database of market intelligence
  • Aerial Photography
  • Loopnet
  • Realtrac Online Transaction Management
  • Current Census Demographics
  • In-House Marketing

Office Profile


NAI Business Properties
3312 4th Avenue North
Billings, 59101
United States
Phone: 406.256.5000
Contact Office


NAI Business Manager
Michael Walker
Phone: 406.294.6304
Fax: 406.256.9494

NAI Business Director
Brian McDonald
Phone: 406.294.6303
Fax: 406.256.9494

Executive Summary
NAI Business Properties is Montana’s largest full service commercial-only real estate brokerage company with twelve professionals. The company was founded in 1994 by two very experienced and knowledgeable brokers, Ron Elkin and Al Koelzer.

Company Background & Experience
The company’s two principals, Ron Elkin and Al Koelzer, have been in the commercial brokerage business for many years; Mr. Elkin since 1974 and Mr. Koelzer since 1978. Mr. Elkin formerly with CB Richard Ellis in their San Diego office. The other agents and brokers within NAI Business Properties are also seasoned veterans of the commercial real estate business.

Brokerage Services

  • Industrial
  • Office
  • Retail
  • Investment
  • Land
  • Tenant Rep
  • Owner’s Rep

Other Services

  • Corporate Relocation
  • Feasibility Studies
  • Financing
  • Investment Services Group
  • Lease Administration
  • Market Research
  • Project Management
  • Property Valuation
  • Valuation Services

Year Established: 1994
# Of Brokers / Associates: 12
# Of Professional Staff: 1
Professional Designations: CCIM, ICSC, SIOR

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