Industrial Real Estate Terminology – The LOI and the RFP0

Posted by Ali Forma

miller-industrial-properties-northern-nevada-industrial-real-estate-questionsYou’ve toured warehouses all over town and now you’ve landed on one or two that you can really envision your company flourishing in. What next? As if narrowing down the list was not cumbersome enough, now you’re faced with figuring out how to seamlessly lock the space down. In this landlord’s market, building owners are getting multiple offers on their spaces. If you have your heart set on a property, you need to let them know that you mean business. Here’s how to do 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.

The Mistake Everyone Makes When They Lease an Industrial Property0

Posted by Thomas Miller, CCIM

miller-industrial-properties-navigating-landlord-tenant-relationshipPeople learn by making mistakes, and the smartest among us learn from the mistakes of others. Once, I was asked about the biggest mistakes people make when they lease an industrial property. In all the years I’ve spent designing, building, leasing, and selling industrial real estate, this is by far the best question I’ve ever been asked. And the answer, surprisingly enough, is very simple. … 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 FAQ in Northern Nevada0

Posted by Thomas Miller, CCIM

FAQsIf you happen to be searching industrial real estate FAQ for northern Nevada, you’ll find multiple hits from Miller Industrial Properties right at the top of the search results. And yet, Miller Industrial has no standard FAQ page. Here’s what we do have, and why we rank so highly for that search term.

Industrial real estate is our business. And we found that a standard FAQ page was too limiting for our decades of experience and knowledge. To better help those in search of industrial real estate information relevant to northern Nevada, we organized all of that knowledge into categories. Visitors will find information relating to our services, northern Nevada in general, and a page dedicated to the valuable data and content that we share at no charge. … 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 Building Classifications Explained0

Posted by Ali Forma

miller-industria-properties-warehouse-classificationsIf you are in the process of leasing or buying an industrial building or space, you may hear agents or property managers referring to building classifications. It is important to understand these classifications when discussing budget, criteria and use. Class A buildings sound amazing, but you probably won’t need one if you’re a start-up machine shop. And, conversely, Class C buildings are more affordable, but if you need to set up a laboratory or clean room, you’ll likely have to pass. Here is a quick explanation of the three main classifications.
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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’s Smarter – Buying or Leasing Industrial Space in Northern Nevada?0

Posted by Thomas Miller, CCIM

miller-industrial-properties-buy-or-lease-industrial-real-estateDetermining whether renting or leasing industrial space in northern Nevada is the smarter move for your business depends on a number of factors. The easiest way to make the right decision is with an in-depth analysis conducted by a real estate professional who will deliver the results in a clear and organized report. But understanding the advantages and disadvantages to the process of both buying and leasing in northern Nevada is a step in the right direction.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.

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.

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