The Value of Agency for the Industrial Real Estate Tenant0

Posted by Thomas Miller, CCIM

industrial-real-estate-agent-miller-industrial-properties-renoWhen we’re referring to a tenant/landlord relationship, we understand that an agent represents one or the other of these parties. But for the purposes of this post, we aren’t defining “agency” as the agent’s brokerage company. Instead, we’re using agency to refer to the duties, obligations and actions of the agent to either the tenant or the landlord. It’s a subtle difference, but it has a profound impact on the entire transaction. It’s critical that an industrial real estate tenant understands how.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 Industrial Real Estate in Northern Nevada? Start Here.0

Posted by Thomas Miller, CCIM

miller-industrial-properties-northern-nevadaFor over twenty years, Miller Industrial Properties has set itself apart in the industrial real estate market of northern Nevada. As the longest-running boutique firm, we’ve earned a reputation for success. If you’re considering buying or leasing industrial real estate in northern Nevada, start here. … 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 Should Know When Your Industrial Real Estate Lease Ends0

Posted by Thomas Miller, CCIM

smartIf you’re a business owner, you should know exactly when your lease expires. But if you’re like many business owners, you have only the most general idea of that date. Here’s the catch – if you have even the inkling of an idea to relocate or expand when your current lease ends, you would be wise to get the ball rolling up to even 24 months early. … 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 an Older Industrial or Commercial Building? Here’s What to Know0

Posted by Thomas Miller, CCIM

miller-industrial-properties-older-buildings-what-to-knowWhile new builds may be considered newsworthy these days, older industrial and commercial buildings can have characteristics that make them worth a second look – with one caveat. Environmental concerns in older buildings should be carefully reviewed, as they can mean potential liability issues down the line, complete with big economic impacts. If you’re considering an older industrial or commercial building, here’s what to know.  … 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 Mystery of Electrical Power – A Primer from Miller Industrial Properties0

Posted by Thomas Miller, CCIM

mystery-electrical-power-miller-industrial-propertiesIt’s my suspicion that Miller Industrial Properties spends more time ensuring our facts are correct on our listings, and that’s especially true for electrical power details. Current, power, 110, meter sockets, volts, 277, transformers, 480, 4 ‘ought’ wire, amps, MSW ( main switch board), AC, circuit breakers, DC, 3 phase, 208, AC-DC, 60 Hz (hertz), ground fault, resistance, distribution panel, watts, single phase, 220, connected load, efficiency, circuit – these are all mysterious words to many. They were to me for a long time as well, and no amount of explanation from the professionals ever seemed to make sense. We prepared this primer to take the mystery out of electrical power, to illustrate why we as real estate professionals need to understand certain elements of these items, and to explain why they need to be reported accurately to our clients in our promotional materials. … 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.

Franchise or Local Firm – What’s Better for Your Industrial Real Estate Representation?0

Posted by Thomas Miller, CCIM

webEvery industry has its share of franchises, and industrial real estate is no exception. National franchised branches can be found in all kinds of markets, including here in Reno-Sparks and northern Nevada. There are also locally owned and operated industrial real estate firms in these markets. That poses a question to those in need of an agent. What will better serve your needs? Is the franchise or local firm better for your industrial real estate 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.

What to Know Before Leasing or Renewing Industrial Real Estate0

Posted by Thomas Miller, CCIM

miller-industrial-properties-leasing-industrial-real-estate-renoIf the only lease you’ve ever signed is for an apartment, you may not have the expertise to navigate the leasing process for industrial real estate. For many entrepreneurs, it’s actually the second lease –  not the first – that can make or break a business. If your business is bursting at the seams and you need a bigger, better space or a better location, you should get an expert in your corner. Why? A bad lease is like a slow leak. Sure, it’s minor now, but with time, it’s going to mean big problems. And unlike a leak, a lease is a legal contract. You need be completely clear on everything in your lease, which is another area a great agent becomes necessary. Either way, here’s what to know before leasing or renewing that industrial real estate 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.

Before You Search For Your First Industrial Real Estate Property0

Posted by Thomas Miller, CCIM

real-estate-101“If I only knew then what I know now.” It’s apt many times in life, because there are many times in life when we find ourselves doing something for the first time. The learning curve is often steep, with high risk and money wasted. This can be – and usually is – the case for people searching for their first warehouse or industrial space. And it’s easy to see why. Here’s what you should know if you’re ready to start looking for industrial space or a warehouse 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.

Seven Steps to Successfully Selling Industrial Real Estate0

Posted by Thomas Miller, CCIM

how-toIf it’s time to sell your industrial property and you think you’re perfectly capable of doing so yourself, we suggest the following seven steps. … 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 Look at Northern Nevada’s Industrial Real Estate Performance in 20160

Posted by Thomas Miller, CCIM

2016When we were finishing up 2014 and predicting 2015, we were still talking about the recession. We were happy to report that the recessionary times surely seemed well in our rearview mirrors with brighter times ahead. That has proven to be the case, with record low interest rates prevailing throughout 2016. After a downturn blip in the first quarter of 2016, we had solid, steady growth in the equities markets pretty much all year long and a very strong finish-line sprint to end the year. Business recovery and growth is slow but steady. … 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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