A Look at the Tesla Effect in Northern Nevada0

Posted by Thomas Miller, CCIM

pic_rippleeffectHere in the fall of 2016, the first phase in Tesla’s gigafactory is largely in place as significant interior work goes on. Quite a number of employees are on site working now and new phases of hiring and construction work is on-going. Much has been written about the Tesla effect and its impact on northern Nevada. But now, more than two years since the announcement of Tesla’s decision to build in Nevada, how is this ‘Tesla Effect’ actually panning out? … 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.

Three Tips In Your Dealings with Your Landlord0

Posted by Thomas Miller, CCIM

best-practicesThe relationship between a landlord and a tenant is interesting –they both need each other, and they both serve the needs of one another as well. So when does the relationship favor one, the other or neither? That’s directly related to the lease terms and market conditions, and it can fluctuate as market conditions change. Whether you realize it or not, your relationship with your landlord – or better put, the value your lease brings to your landlord – is a constantly moving target. Consider these three tips in your dealings with your landlord. … 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 – A Brilliant Western Distribution Point0

Posted by Thomas Miller, CCIM

northern-nevadaIt’s not always the first location to spring to mind, but Northern Nevada is an excellent location for businesses looking to expand or relocate. From tax breaks to competitive rates, a geographically ideal location and impressive incentives, more and more businesses are taking a closer look.

We got into detail about the many advantages of doing business in Nevada on our website, but let’s review some highlights: … 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 Questions to ask in an Industrial Real Estate Agent Interview0

Posted by Thomas Miller, CCIM

question markA few years ago, we ran a series debunking common industrial real estate myths. Myth #3 is this:  “Since all commercial real estate  know what they’re doing, there’ no need to to conduct interview before I hire one.” That logic is flat wrong, and 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.

The Technology Advantage for Industrial Real Estate Agencies and Their Clients0

Posted by Thomas Miller, CCIM

Tech-SavvySticking a sign in the window and throwing up some photocopied fliers are a thing of the very distant past for today’s industrial real estate firms. The market has changed, and the most successful of the real estate firms have likewise evolved. Still, there remains a distinction between resigning yourself to the technology age and embracing it. Wondering into which category your firm falls? Here’s how to tell. … 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.

Why You Should Know When Your Industrial Real Estate Lease Is Up0

Posted by Thomas Miller, CCIM

best-practicesPop quiz to the business owners reading this post: When does your industrial real estate lease expire? If you’re like many business owners, you likely have a general idea. But if you have even hazy plans to relocate or expand when the lease expires, it’s worth getting the ball rolling up to even two years in advance. 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.

Miller Industrial Properties Helps Paleo Nick “Keep It Paleo!”0

Posted by Thomas Miller, CCIM

paleo-nick-ice-age-mealsWhen you own a business that sells something called Ice Age Meals, you know freezer space is an issue. So when Nick Massie, also known as Paleo Nick, local chef and owner of Paleo Productions, started scouting for real estate in Reno-Sparks, he was looking for one thing. And his options were limited – there aren’t many freezer facilities in the northern Nevada market. When he found a spot that he thought might work – a 2,000-foot space at 13945 Mount Bismark Street in Reno, formerly used by Kraft Foods for storing DiGiorno pizzas – he called up Tom Miller of Miller Industrial Properties for what would become one of the most unusual industrial real estate deals of Tom’s career. … 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.

Building to Suit in Northern Nevada? Read This First.0

Posted by Thomas Miller, CCIM

miller-industrial-properties-building-to-suit-strategies-for-success

With a rebounding economy comes a shortage of locations for new business. It makes sense then, for businesses to consider the wisdom and value of building to suit. We discussed the value of a design-build manager in a previous post, and now we’ve created a download intended to educate those investigating build-to-suit projects. … 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 – Is it Time to Buy or Sell?1

Posted by Thomas Miller, CCIM

reno-nevada-miller-industrial-propertiesThe real estate market in northern Nevada, and specifically in Reno-Sparks, has been steadily experiencing very active leasing activity over the past several reporting quarters. In fact, it’s been sufficient to launch numerous new development projects in the region. In addition to this expanding market growth, lease rates have restored themselves to pre-recession rates over all market size ranges. Nationally and locally, the commercial real estate markets have been attracting significant investment fund activity with a flood of investment firms competing for the available portfolio sales offerings. The result has been a boon for sellers – as firms vie to get their investment funds placed, competition heats up and strong bidding has been achieving some very favorable sales prices for sellers across both Class A and Class B assets. … 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 Biggest Risk a Tenant Takes in Industrial Real Estate0

Posted by Thomas Miller, CCIM

RiskThe savviest industrial real estate tenants understand, at least to some degree, that their goals are very often completely at odds with the goals of the other players in a given transaction. The good news is that this doesn’t necessarily mean a commercial or industrial real estate transaction is a win/lose proposition. In fact, it’s really anything but that scenario. Still, that situation is what gives rise to the biggest risk a tenant can take: entering any phase of a lease transaction either unrepresented, or worse, poorly represented. 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.

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