There 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 →
Negotiating Your Own Industrial Real Estate Lease is a Mistake0
Posted by Thomas Miller, CCIM
There 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 →
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If you are starting a new business or expanding your current one, you may have begun the search of finding 
Think 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. … 
It’s common for business owners to think they’ll save money by finding the right warehouse themselves and then negotiating their own lease. After all, at its core, finding a property isn’t overly complex – search online, drive around to look at properties, set up a few tours, contact the listing agent, agree on terms, sign, and done.
When you’re discussing leasing and renting in the industry real estate world, it’s important to understand the distinctions. … 
The process of leasing industrial or commercial space is complex, and it can quickly spiral into a tedious, stressful and disruptive experience. Understanding the process before diving in is a savvy way to familiarize yourself first, which is why we offer our free guide, 
