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?0

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.

Building to Suit? Here’s Why You Need a Design-Build Manager0

Posted by Thomas Miller, CCIM

build-to-suitAs the economy continues to rebound and new building is now strong again, many Western markets are experiencing a shortage of available locations for new business. Northern Nevada is no exception, and with  space becoming limited, an alternative is to build. In the build-to-suit world, there is the traditional approach, the aggressive approach, and the strategic approach. When the goal is a streamlined process, significantly reduced project costs and an excellent facility that offers real value to its owner, here’s why the strategic approach – the one that involves a design-build manager – is the most successful. … 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’s Industrial Real Estate Report for Q2 20160

Posted by Thomas Miller, CCIM

freeOur free quarterly market report, the Market Advisor, is now available for download on our Resources page. The report is a comprehensive look at lease rates, construction, vacancy, absorption, market velocity, with trending forecasts and an outlook into the third quarter of the year.

From the report: … 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.

Percent Real Estate Vacancy – What Does it Mean?0

Posted by Thomas Miller, CCIM

knowledge-is-powerWhile it’s likely clear that percent real estate vacancy refers to the amount of property that isn’t occupied as compared to the entire market size, it probably doesn’t mean anything to you. That’s like a doctor noting your blood gas level is 0.05% – it’s not usable information. That’s why you’ll find a new graphic in the Market Advisor, our quarterly annual report, that better communicates what these vacancy percentages mean in the real world. … 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 an Agent Gives a Landlord0

Posted by Thomas Miller, CCIM

Buying or Leasing Commercial Property – Three Reasons Not to DIYHere’s a quick test for the value your industrial agent is giving you, the landlord: name three things your agent has done for you beyond sticking a sign on your property and waiting for the phone calls to start pouring in. Can’t think of anything? Consider that a warning that you may be working with the wrong people. … 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.

Land for Sale in Fernley, NV – A Client’s Experience with Miller Industrial Properties0

Posted by Thomas Miller, CCIM

tom-miller-miller-industrial-propertiesWhen Bill Meeks of Meeks Lumber had close to 20 acres of land in Fernley to sell, he turned to Tom Miller of Miller Industrial Properties. From the initial offer to negotiating water rights, here’s how the process went. … 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.

Commercial and Industrial Properties Commercial and Industrial Properties Commercial and Industrial Properties Commercial and Industrial Properties Commercial and Industrial Properties