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 have 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.

Negotiating Your Own Industrial Real Estate Lease is a Mistake0

Posted by Thomas Miller, CCIM

miller-industrial-properties-renewing-commerical-lease-2018There are many misconceptions about industrial real estate – our seven-part series on persistent industrial real estate myths tackles many of them – but one of the biggest is the idea that a business owner will save both time and money by managing their own property search and ensuing negotiations. At face value, all you need to do is look online, drive around a bit to see what’s out there, find a property that looks good, call the listing agent, and negotiate the terms. Sounds simple enough. Unfortunately, this simplified, and frankly rosy, take on the process fails to account for the many, many variables that inevitably arise. It’s those variables that make negotiating your own industrial real estate lease a mistake. 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 Expect – And What Not to Expect – From Industrial Real Estate Agents0

Posted by Thomas Miller, CCIM

miller-industrial-properties-tenant-riskTom Miller, the president of Miller Industrial Properties, drove a race car with a professional team for years. It was during those years that a famous race car driver was quoted as saying, “There is no accident you are involved in that is not your fault.” It took Tom some time to understand the truth in that statement – that any accident in which you are part really is your fault simply because it can be attributed to something you didn’t see coming or a position you put yourself in that left you vulnerable to someone else’s mistakes or poor judgment. The same concept applies to industrial real estate. 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.

What Accurate Data Means in the Industrial Real Estate Industry0

Posted by Thomas Miller, CCIM

miller-industrial-properties-reno-industrialLast week, Miller Industrial Properties released the Market Advisor for the final quarter of 2018. The comprehensive free download covered statistics and trends for industrial real estate performance here in northern Nevada. This kind of data is incredibly valuable to anyone operating in the local industrial real estate sphere. Gathering accurate data to build an extensive in-house database helps our company – the longest-running boutique industrial real estate agency in northern Nevada – monitor and track local industrial properties. And that directly benefits 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.

Ask These Five Questions When You Consider Industrial Real Estate Agents0

Posted by Thomas Miller, CCIM

miller-industrial-properties-industrial-real-estate-northern-nevadaIf you haven’t read our myth series, which debunked a number of common industrial real estate myths, it’s worth your time. One of these myths rationalized that since all commercial or industrial real estate agents probably know what they’re doing, it’s a waste of time to interview any of them. Unfortunately, agents are not all created equal, which makes the interview an absolutely essential step in an overall successful experience and transaction. The savvy investor, landlord, or tenant understands this and sets up a few interviews based on recommendations. Then, they make sure to ask these five questions as they consider which industrial real agent has the best skill set and experience for their deal. … 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.

Five Truths to Disclose During Your Industrial Lease Search0

Posted by Ali Forma

miller-industrial-properties-renoUnderstanding that your industrial real estate agent is contractually obligated to represent your best interests is one thing, but giving him or her all of the tools necessary to make that happen can be another. The best way to ensure your agent can do the job properly is by being completely straightforward and honest in all aspects. In particular, here are five truths to disclose to your agent during the industrial real estate lease process. … 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 Difference Between Purchased Data and Agency Data in Industrial Real Estate0

Posted by Thomas Miller, CCIM

miller-industrial-properties-market-advisor-market-report-northern-nevadaIndustrial real estate decisions are made based on data, and inaccurate data can be very costly. Property information from one market to the next is often readily available and right on the mark – assuming the location is right and you know where to find 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 Tenant Quiz – Industrial Real Estate Q&A0

Posted by Thomas Miller, CCIM

question markIn the world of industrial real estate, there are a number of questions that come up again and again. From agent questions to property search, and the often-misunderstood mystery about who really pays what, here are nine questions we hear at Miller Industrial Properties in northern Nevada pretty regularly. How well would you pass this tenant quiz? If our agents represent you, our guess is you’ll fare well. … 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.

Savvy Tenant Strategies in Landlord-Friendly Markets0

Posted by Thomas Miller, CCIM

miller-industrial-properties-nevada-tenant-strategies-landlord-friendly-marketImagine your industrial real estate lease is coming up for renewal, but the current climate favors landlords – as is the case here in northern Nevada. Imagine that your West Coast customers are demanding better shipping times and you need a West Coast location, but the market is asking high rents. Imagine that long haul freight costs are killing your profitability, necessitating a warehouse closer to your distant customer base, but availability is low and rents are high. None of these are favorable scenarios for the tenant, but there is good news.

If you find yourself in one of the situations outlined here, you don’t have to sacrifice solving your logistical problems simply because of landlord friendly real estate market conditions. All you need is a good strategy. … 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 Buy or Lease Industrial Real Estate, Do This First0

Posted by Thomas Miller, CCIM

miller-industrial-properties-reno-industrialOnce a company has decided that expanding or relocating is the smartest next step, things tend to happen quickly. The smartest first step, however, isn’t checking out options in the local market, or even finding an experienced agent to manage the process. Instead, the best way to cover all of your bases in the easiest way is to spend some time looking online for free, no-obligation offers from those same agents. 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.

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