3 Critical Considerations Before You Renew Your Industrial Lease0

Posted by Thomas Miller, CCIM

miller-industria-properties-warehouse-classificationsSigning a lease on an apartment may help entrepreneurs feel prepared for the industrial lease process, but the experiences are vastly different. And because a bad lease is like a slow leak – in the sense that it may be minor at first, but over time, it’s going to cause big problems – anyone considering industrial space would be well served by not forging ahead alone. That’s true whether you’re considering your first lease or your second, which actually tends to be the one that makes or breaks a business. A lease is a binding legal contract, so ask yourself whether you truly have the experience and knowledge to be completely clear on everything it entails. Whether or not you decide to find someone to guide you during this process – and we strongly recommend you do – here are three critical considerations before you renew your industrial lease.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 Q&A: Understanding the Differences Between Leasing and Renting0

Posted by Thomas Miller, CCIM

real-estate-101Like any industry, industrial real estate has its own terminology. We often get questions about all aspects of industrial real estate, and the difference between leasing and renting is one of them. Here’s what to understand about the differences between leasing and renting.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.

Five Reasons to Hire an Industrial Real Estate Agent0

Posted by Beki Dobson

miller-industrial-properties-navigating-landlord-tenant-relationshipIf you are starting a new business or expanding your current one, you may have begun the search of finding industrial property in the Reno/Sparks market. And while it may seem that driving around in your desired area or browsing online listings isn’t so hard, don’t make the mistake of assuming that you can DIY the entire process. Before you dive in all the way on your industrial real estate search, here are five reasons to hire an industrial real estate agent first.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.

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.

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.

Here’s Why You’ll Save Money By Not Negotiating Your Own Lease0

Posted by Thomas Miller, CCIM

miller-industrial-properties-navigating-landlord-tenant-relationshipIt’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.

Right?

Unfortunately, no. That’s an incredibly simplistic description that doesn’t begin to account for all the variables that make searching for industrial or commercial property, not to mention managing the actual transaction, something better left to someone who does this kind of work for a living.  … 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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