Environmental Concerns in Older Industrial Buildings0

Posted by Thomas Miller, CCIM

Industrial Real Estate and Q4 2012 Market ReportNew, cutting-edge buildings have their advantages, but older industrial and commercial buildings can surprise you. Many of them boast unique characteristics that make them worth a second look for a wide range of industries. Still, there are environmental concerns in older industrial buildings that should be carefully factored, as potential liability issues down the line could bring a big economic hit. Before you move forward with an older industrial building, here are a pair of environmental issues to consider.

Asbestos is Common

Asbestos is one of the most common concerns with older industrial buildings. It’s generally assumed that all asbestos should be removed immediately, no matter the cost or inconvenience, but that’s always needed. A critical first step is identifying all areas that contain asbestos. This is easily done with a qualified inspection – ask an experienced industrial real estate agent for a recommendation). There is no absolute obligation to remove all building materials containing asbestos, and in many instances, it’s possible (and more practical) to retain those materials, with one big caveat. Any such building materials should be in sound condition with no risk of fibers from the material becoming airborne or friable. In its solid state, asbestos does not pose any known health problems.

So is Mold

Mold is often found in older buildings. Many prospective buyers direct their attention to testing air quality, but this is really just a symptom of a larger issue. Instead, buyers should investigate the cause of the wet condition that created mold in the first place – leaking roof, walls, windows, pipes, malfunctioning HVAC systems, etc. Until this is addressed, mold will continue to be an issue. And once the source is located and repaired, elimination procedures can be considered for the existing mold condition. Mold treatments can vary widely and will be dictated by the extent of the contamination.

Are They Deal Breakers?

No. Both issues deserve due consideration, but neither is uncommon. As long as adequate professional attention is given to the matter, there’s no reason to instantly cross it off your short list. Ask your real estate professional for more information and recommendations for services that can provide inspections and reporting.

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Industrial Warehouse Classifications0

Posted by Thomas Miller, CCIM

miller-industrial-properties-warehouse-classificationsThere’s a surprising amount of variation in the world of warehouses, and it’s not something you may notice until you find yourself in need of one. The next step is a thorough education in what makes one warehouse different from another so that you can be very clear on which one suits your needs now and into the future. A good source of that information? An experienced agent. But before you start begin that search, here’s what to know about warehouse classifications in northern Nevada.Read more →

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Three Mistakes to Avoid When You Choose an Industrial Real Estate Agent0

Posted by Thomas Miller, CCIM

miller-industrial-properties-for-lease-sale-northern-nevadaHiring an industrial or commercial real estate agent is a crucial step of your real estate transaction. The right agent can significantly impact your experience for the better, and it’s wise to find one with experience and a successful track record. And yet, many people rush this process. Don’t be one of them. Here are three mistakes to avoid when you choose an industrial real estate 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.

Will My Lease Rates Go Up If I Use an Industrial Real Estate Agent?0

Posted by Thomas Miller, CCIM

industrial-real-estate-agent-miller-industrial-properties-renoNo. This is a question that comes up now and again, but let us reassure you – your lease rates will not go up if you use an industrial real estate agent. In fact, using an experienced agent likely means securing a much better rate than you might be able to negotiate on your own. 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.

Industrial Real Estate Q&A: Understanding the Differences Between Leasing and Renting0

Posted by Thomas Miller, CCIM

real-estate-101Like any industry, industrial real estate has its own terminology. We often get questions about all aspects of industrial real estate, and the difference between leasing and renting is one of them. Here’s what to understand about the differences between leasing and renting.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.

Aren’t Industrial Agents Basically All the Same?0

Posted by Thomas Miller, CCIM

miller-industrial-properties-navigating-landlord-tenant-relationshipThe idea that industrial agents are basically all the same persists in some circles. On the surface, perhaps it’s easy to assume that since they’re all searching the same listings and in contact with the same people – particularly in a smaller market like northern Nevada – the actual agent him or herself doesn’t particularly matter. But a little thought quickly reveals how badly misinformed this notion really is. Still, if you’re going to generalize, it’s better to classify industrial real estate agents and brokers in two ways – the problem solvers and the order takers. Understanding which one suits your needs best is a quick way to narrow down your search for the right 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.

12 Keys to Improving Your Commercial Property’s Online Visibility0

Posted by Thomas Miller, CCIM

Tech-SavvyWhen people are looking for something, we turn to the Internet. It’s the way of the world these days, and this tendency to look online includes commercial real estate. There’s a wealth of information online about finding the right agent, why the DIY route to buying or leasing commercial property is usually more trouble that it’s worth, and for finding properties themselves. But the truth is, commercial real estate lacks any kind of recognized or central listing service of the sort available for residential real estate. Instead of a standard “go-to” website, there are multiple – and pricey – membership-based sites that all offer a version of the same thing. Today, we’re explaining what that identical service is, and the 12 keys to improving your commercial property’s online visibility.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.

4 Things to Expect When You Hire an Industrial Real Estate Broker0

Posted by Thomas Miller, CCIM

miller-industrial-properties-renoAn industrial real estate broker is like any other service professional, minus the big bill when the deal is done. Once you’ve decided that partnering with an industry expert is a savvy move and you’ve asked for referrals, done your research, asked the right questions, and made your final decision, you may be wondering, what now? Here are four things to expect from your new industrial real estate broker.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.

Do You Really Know the Real Estate Market?0

Posted by Thomas Miller, CCIM

questionsSince Miller Industrial Properties opened its doors in 1993, our leasing focus has been to represent the interests of tenants. Our specialty has been advocating for tenants seeking new Western locations, expanding or downsizing locally, or seeking to locate a subtenant to take over all or part of their existing space. Through these negotiations, several interesting factors have become apparent. Our awareness of these special market factors has proven to be the cornerstone of the elite service level we provide for our clients.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.

Expanding to Northern Nevada: Economic Benefits and Business Advantage0

Posted by Beki Dobson

northern-nevadaIn a recent blog post, we discussed how northern Nevada has the inherent and appealing combination of a small-town community with big city-amenities and what this means for your family and employees. But what benefits does expanding to northern Nevada have for your business? Here are eight compelling facts about the local business climate. … 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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