Your Single Best Resource When You’re Deciding Industrial Lease Length0

Posted by Thomas Miller, CCIM

miller-industrial-properties-renoThere are multiple decisions to be made during your industrial real estate transaction, and one of the most challenging is relating to the length of your lease. There’s no single right answer that will apply in every scenario, but there is a way to hedge your bets before you make a final decision. Your single best resource when you’re deciding industrial lease length is the experience of your agent. Here’s why. … 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 Slow Start to Northern Nevada’s Industrial Real Estate Performance in 2018?0

Posted by Thomas Miller, CCIM

miller-industrial-properties-reno-market-performance-q1-2018Miller Industrial Properties maintains a comprehensive database of industrial real estate data in northern Nevada, and we share that information quarterly for the benefit of our clients and community. 

The first quarter of 2018 yielded the fewest completed industrial real estate transactions in quite some time. The market saw just about one half of the number of deals completed in the first quarter of 2017, and only about one third of deals completed in the third quarter of 2017. Gross absorption is a direct measure of demand, which begs the question – does this dramatic change indicate a cooling of Reno’s overheated industrial real estate market?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.

Industrial Real Estate in Northern Nevada Measured on a National Scale0

Posted by Thomas Miller, CCIM

miller-industrial-properties-finding-agent-across-countryIf you have read any industrial real estate market reports within the past year, they all indicate that our local northern Nevada market is very strong, thanks to characeristics like low vacancy rates, high demand, and little indication of any changes in the near future. But to put our local industrial real estate market into perspective, let’s see how it fares in comparison to the national markets.
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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.

What You Need to Know about Reno’s Industrial Sector0

Posted by Ali Forma

miller-industrial-properties-reno-industrial-sectorIf you are considering relocating from out of state, navigating the various industrial markets of northern Nevada can be overwhelming at first. Here’s what you need to know about Reno’s industrial sector if you’re looking at property here in northern Nevada. … 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.

Buying and Leasing in Northern Nevada’s 2018 Industrial Real Estate Market0

Posted by Thomas Miller, CCIM

buying-leasing-industrial-northern-nevadaFor even the most qualified and experienced of brokers in northern Nevada, buying and leasing industrial and commercial real estate is a complex process. In our current landlord-favored market, challenges include the limited selection of properties, high rents, lengthy lease terms, multitude of buyers, few – if any – landlord or seller concessions, and many other scenarios that make most transactions decidedly one-sided. The good news is that the right agent and the right firm can help buyers and lessees adjust their expectations to maximize what leverage they do have.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 and Cons of Subleasing Industrial Space in a Landlord’s Market0

Posted by Ali Forma

miller-industrial-properties-northern-nevada-indusrial-subleaseFor many business owners, signing a three-year or a five-year lease on an industrial space can seem overwhelming, if not downright impossible. And unfortunately, in northern Nevada’s current market, most landlords won’t even consider offering a short-term lease. But that doesn’t mean you don’t have options. An industrial sublease is one avenue that might be worth exploring. This type of lease tends to be more flexible and can be more affordable if you are searching for a space in a market with rising rates. … 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.

Leasing a Warehouse? Don’t Make These Mistakes!0

Posted by Thomas Miller, CCIM

leasing-warehouse-avoid-mistakes-miller-industrial-properties-renoIf you own a business and have reason to lease a warehouse, it’s probably a chore you try to manage as quickly and painlessly as you can. That’s usually a problem, because in your haste to get things handled, it’s very likely that you’ve fallen victim to any number of pitfalls. The result, all-too-often, is costly business errors. If you’re leasing a warehouse, don’t make these mistakes.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.

Here’s Why You’ll Save Money By Not Negotiating Your Own Lease0

Posted by Thomas Miller, CCIM

miller-industrial-properties-navigating-landlord-tenant-relationshipIt’s common for business owners to think they’ll save money by finding the right warehouse themselves and then negotiating their own lease. After all, at its core, finding a property isn’t overly complex – search online, drive around to look at properties, set up a few tours, contact the listing agent, agree on terms, sign, and done.

Right?

Unfortunately, no. That’s an incredibly simplistic description that doesn’t begin to account for all the variables that make searching for industrial or commercial property, not to mention managing the actual transaction, something better left to someone who does this kind of work for a living.  … 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.

The Value of Securing Accurate Industrial Real Estate Data0

Posted by Thomas Miller, CCIM

miller-industrial-properties-reno-sparks-market-dataThe ability to accurately forecast the industrial real estate market is a huge advantage to tenants, owners and property investors alike. And the only way to begin is with the right data. This is the quantitative and qualitative information that helps industrial real estate professionals make thoughtful decisions about next steps. The hard part, of course, is in making sense of the data. Even for those in the industry – tenants, owners, investors – the safest and most strategic move is finding someone who doesn’t just have access to this information, but has a hand in generating it.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.

Five Considerations for First-Time Industrial Lessees0

Posted by Ali Forma

miller-industrial-properties-ali-formaLeasing industrial real estate for the very first time can be a harrowing experience. There are endless details and nuances to remember and understand – one of the many reasons that partnering with an experienced agent makes such a difference. Regardless of whether you choose to benefit from an agent’s experience or go it alone, here are five important considerations for first-time industrial lessees.
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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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