5 Things to Ask Your Industrial Real Estate Agent0

Posted by Thomas Miller, CCIM

questionsIf you think there isn’t much difference from one industrial real estate agent to the next, you haven’t met a really great agent yet. So what’s the quickest way to zero in on an experienced, competent agent? Recommendations are a good place to start, but an interview is best. And during that interview, here are five questions to ask your potential industrial agent. … Read more →

Our posts are intended to educate commercial real estate users so they can make better decisions in their real estate use, investments, buying and selling. We encourage your input and commentary. If you are enjoying these posts and finding them useful, help spread the word via Facebook, Twitter, LinkedIn, Google + or email with the buttons above.

Quality of Life in Reno, Nevada: A Small-Town Community with Big-City Amenities0

Posted by Beki Dobson

downtown-reno-miller-industrial-propertiesIf you’re looking to move or expand your business to the Reno/Sparks industrial area, you likely are already aware of the economic benefits that our region has to offer (and if you aren’t, head over to our Resources page for more on Nevada Economic Development Incentives). But what about quality of life for your family and employees?

Beyond the benefits that Nevada offers businesses are the countless benefits it offers residents. Northern Nevada has the inherent and appealing combination of a small-town community with big-city amenities.Read more →

Our posts are intended to educate commercial real estate users so they can make better decisions in their real estate use, investments, buying and selling. We encourage your input and commentary. If you are enjoying these posts and finding them useful, help spread the word via Facebook, Twitter, LinkedIn, Google + or email with the buttons above.

Pros & Cons of Build to Suit Projects in Northern Nevada0

Posted by Ali Forma

miller-industria-properties-warehouse-classificationsPer our second quarter Market Advisor, new construction in northern Nevada’s industrial sector continues to grow. There are several new projects being managed by Scannell, Pannatoni and Dermody Properties. These developments are experiencing activity before completion, due to a high demand and a low vacancy in the market. New construction usually goes hand-in-hand with build-to-suit opportunities, which have their own pros and cons. … Read more →

Our posts are intended to educate commercial real estate users so they can make better decisions in their real estate use, investments, buying and selling. We encourage your input and commentary. If you are enjoying these posts and finding them useful, help spread the word via Facebook, Twitter, LinkedIn, Google + or email with the buttons above.

Benefits of an Industrial Build to Suit Manager in Northern Nevada0

Posted by Thomas Miller, CCIM

build-to-suitLast week, we shared a few highlights from our second quarter Market Advisor, including the ongoing interest of outside investors to pour capital resources into northern Nevada. One of the side effects of demand in today’s market is a shortage of available locations. The solution? Building to suit. There are three general approaches to build-to-suit projects, one of which includes a design-build manager. Here’s why that’s important. … Read more →

Our posts are intended to educate commercial real estate users so they can make better decisions in their real estate use, investments, buying and selling. We encourage your input and commentary. If you are enjoying these posts and finding them useful, help spread the word via Facebook, Twitter, LinkedIn, Google + or email with the buttons above.

Northern Nevada Industrial Real Estate Back on Pace in Q20

Posted by Thomas Miller, CCIM

miller-industrial-properties-reno-sparks-market-dataWith the second quarter of 2018 behind us, Miller Industrial Properties has released its latest edition of the Market Advisor, our free quarterly report reviewing industrial real estate performance in northern Nevada. The big news this quarter is that activity is back on pace after a slower start to the year, with 45 new transactions completed – a 30% increase from Q1 and a 15% increase on the five-year average. … Read more →

Our posts are intended to educate commercial real estate users so they can make better decisions in their real estate use, investments, buying and selling. We encourage your input and commentary. If you are enjoying these posts and finding them useful, help spread the word via Facebook, Twitter, LinkedIn, Google + or email with the buttons above.

Tips for Avoiding Tenant Risk in Northern Nevada Industrial Real Estate0

Posted by Thomas Miller, CCIM

miller-industrial-properties-northern-nevada-tenant-riskWould you classify industrial real estate transactions as win/lose scenarios? It seems like an obvious call. After all, either the tenant or the landlord will leave the negotiating table feeling like they had the upper hand. Actually, it’s that scenario that can set up the biggest risk an industrial real estate tenant can take. The riskiest proposition for any tenant is always the same – entering any phase of the lease transaction without sufficient representation.Read more →

Our posts are intended to educate commercial real estate users so they can make better decisions in their real estate use, investments, buying and selling. We encourage your input and commentary. If you are enjoying these posts and finding them useful, help spread the word via Facebook, Twitter, LinkedIn, Google + or email with the buttons above.

How Data & Experience Set Industrial Agents Apart0

Posted by Thomas Miller, CCIM

miller-industrial-properties-first-step-leasing-buying-industrial-propertyThe process of buying and leasing industrial real estate here in northern Nevada, or anywhere, is complex. That’s true for anyone, although those with years of experience have a natural leg up on the rest. In this landlord-favored market of northern Nevada, there are additional challenges – limited properties, high rents, long lease terms, few landlord or seller concessions, an excess of buyers, and more – that mean finding a good agent is critical. Here’s how data and experience set industrial agents apart.Read more →

Our posts are intended to educate commercial real estate users so they can make better decisions in their real estate use, investments, buying and selling. We encourage your input and commentary. If you are enjoying these posts and finding them useful, help spread the word via Facebook, Twitter, LinkedIn, Google + or email with the buttons above.

Measuring the Industrial Agent’s Worth0

Posted by Thomas Miller, CCIM

miller-industrial-properties-navigating-landlord-tenant-relationshipHow can you measure the real worth of your industrial real estate agent? Try this simple test – think of three things your agent has done for you beyond putting his sign on your property. If you’re stumped, take that as an enormous red flag. An experienced industrial real estate agent offers tremendous value to his or her clients, all of which make the fees worth the cost.Read more →

Our posts are intended to educate commercial real estate users so they can make better decisions in their real estate use, investments, buying and selling. We encourage your input and commentary. If you are enjoying these posts and finding them useful, help spread the word via Facebook, Twitter, LinkedIn, Google + or email with the buttons above.

A Guide to Tenant Improvements for the Industrial Client0

Posted by Thomas Miller, CCIM

tenant-improvementIt is a rare occasion that a tenant will find a large industrial property that works for them in “as-is” condition. Most long-term industrial leases include what we refer to as tenant improvements, or TI’s. If you’re in need of an industrial facility, bookmark this page for future reference. … Read more →

Our posts are intended to educate commercial real estate users so they can make better decisions in their real estate use, investments, buying and selling. We encourage your input and commentary. If you are enjoying these posts and finding them useful, help spread the word via Facebook, Twitter, LinkedIn, Google + or email with the buttons above.

An Update on Fixed Cost Operating Budgets in Northern Nevada0

Posted by Thomas Miller, CCIM

miller-industrial-properties-for-lease-sale-northern-nevadaIn the month of May this year alone, I spent hours touring commercial properties with firms that have been shocked with their lease renewal offers. In some cases, renewal offers have increased rents by 25 to 30 percent – and this is on top of annual rent increases of three percent during the prior term of the lease. Certainly, this type of unplanned expense can create havoc with a company’s fixed costs projections and negatively impact profitability. Let’s look into how this can happen and how you can help protect yourself from it happening to you. … Read more →

Our posts are intended to educate commercial real estate users so they can make better decisions in their real estate use, investments, buying and selling. We encourage your input and commentary. If you are enjoying these posts and finding them useful, help spread the word via Facebook, Twitter, LinkedIn, Google + or email with the buttons above.

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