This is Why You Should Know When Your Industrial Lease Expires0

Posted by Thomas Miller, CCIM

pop-quizIf you lease an industrial or commercial space, you should know when your lease is set to expire. But if you’re like most business owners, you likely have only a general idea. That’s a problem if you have even the vaguest of plans to relocate or expand when renewal rolls around. This is why you should know when your industrial lease expires.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 Terminology: The Cap Rate0

Posted by Ali Forma

miller-industrial-properties-cap-rateThere are several different ways to assess the value of an investment property. If you are considering purchasing an investment property, you’ll likely want to estimate your return on investment (ROI). To do so, you can pour over comps, you can have the property appraised and you can review the rent roll, or the current rental income. But many savvy investors also rely on the capitalization rate, or cap rate.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.

Before You Look for Industrial Property, Look for the Industrial Agent0

Posted by Thomas Miller, CCIM

miller-industrial-properties-renoIf you’re ready to buy or lease industrial property here in northern Nevada, there’s something you need first – the right agent. We’ve written before about the benefits of avoiding the DIY approach of industrial real estate, so get a few agent referrals, schedule a few meetings, and make your final decision based on the following information. … 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.

What to Know about Electrical Power and Industrial Real Estate0

Posted by Beki Dobson

mystery-electrical-power-miller-industrial-propertiesElectrical power is a topic that comes up daily in the world of industrial real estate. Prospective tenants need to be certain that the power in a space will meet their electrical needs, while savvy building owners know that bringing in adequate power to their building is a long-term investment for their property. In our industry, we regularly hear and use terms like three-phase, amps, and volts. But what does it all mean? … 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.

From Marketing Manager to Industrial Real Estate Agent0

Posted by Thomas Miller, CCIM

beki-dobson-industrial-agent-miller-industrial-properties-renoAs the sales and marketing manager of Miller Industrial Properties in Reno, Beki Dobson develops, implements and distributes all marketing efforts for the firm’s commercial and industrial properties, in addition to managing its vast database of inventory and filling vacancies and renewing leases on the property management side. Now, she’s rounding out her duties as MIP’s newest 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.

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.

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.

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