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.

How Data & Experience Set Industrial Agents Apart0

Posted by Thomas Miller, CCIM

miller-industrial-properties-first-step-leasing-buying-industrial-propertyThe process of buying and leasing industrial real estate here in northern Nevada, or anywhere, is complex. That’s true for anyone, although those with years of experience have a natural leg up on the rest. In this landlord-favored market of northern Nevada, there are additional challenges – limited properties, high rents, long lease terms, few landlord or seller concessions, an excess of buyers, and more – that mean finding a good agent is critical. Here’s how data and experience set industrial agents apart.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.

Measuring the Industrial Agent’s Worth0

Posted by Thomas Miller, CCIM

miller-industrial-properties-navigating-landlord-tenant-relationshipHow can you measure the real worth of your industrial real estate agent? Try this simple test – think of three things your agent has done for you beyond putting his sign on your property. If you’re stumped, take that as an enormous red flag. An experienced industrial real estate agent offers tremendous value to his or her clients, all of which make the fees worth the cost.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 Guide to Tenant Improvements for the Industrial Client0

Posted by Thomas Miller, CCIM

tenant-improvementIt is a rare occasion that a tenant will find a large industrial property that works for them in “as-is” condition. Most long-term industrial leases include what we refer to as tenant improvements, or TI’s. If you’re in need of an industrial facility, bookmark this page for future reference. … 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.

An Update on Fixed Cost Operating Budgets in Northern Nevada0

Posted by Thomas Miller, CCIM

miller-industrial-properties-for-lease-sale-northern-nevadaIn the month of May this year alone, I spent hours touring commercial properties with firms that have been shocked with their lease renewal offers. In some cases, renewal offers have increased rents by 25 to 30 percent – and this is on top of annual rent increases of three percent during the prior term of the lease. Certainly, this type of unplanned expense can create havoc with a company’s fixed costs projections and negatively impact profitability. Let’s look into how this can happen and how you can help protect yourself from it happening to you. … 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 Reasons to Avoid the DIY Approach to Industrial Real Estate0

Posted by Thomas Miller, CCIM

dont-diyThink about all the times you made a bad decision. You can probably chalk them up to inexperience or a lack of specific knowledge. If you had the guidance of something skilled and knowledgeable, might the outcome of those experiences been different? Probably so. The truth is, we’re not all experts in everything, and there are times when our smartest move is consulting someone who is. Almost always, buying or leasing industrial real estate falls into that category. Here are three reasons to avoid the DIY approach to industrial real estate.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 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.

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