The Secret to Hiring the Right Industrial Real Estate Agent0

Posted by Thomas Miller, CCIM

real-estate-for-dummiesDoes a real estate license alone mean that an agent is qualified to perform industrial or commercial real estate services for your business? Unfortunately, no. All real estate agents must have a valid state real estate license to operate legally in the state, but the acquisition alone doesn’t make them experts. So what does? … Read more →

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What to Ask During Your Industrial Real Estate Agent Interview0

Posted by Thomas Miller, CCIM

miller-industrial-properties-what-to-ask-during-agent-interviewSince industrial real estate agents (and commercial and residential agents, as it happens) aren’t all guaranteed to perform beyond, or even at, your expectations, an interview is always a wise move. Start by asking around for a few recommendations, look online to see who shows up, set up your interviews and then make sure to bring some notes. Here’s what to ask during your industrial real estate agent interview.
Read more →

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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 →

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Industrial Real Estate Listings in Northern Nevada0

Posted by Thomas Miller, CCIM

reno-nevada-miller-industrial-propertiesLast week, we talked about industrial real estate FAQs for northern Nevada and why the Miller Industrial Properties website ranks so well despite not having a dedicated FAQ page. Another search term for which the MIP site ranks well is industrial real estate listings in northern Nevada. And that’s entirely due to the comprehensive database of industrial listings we maintain. … 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.

Top Two Environmental Concerns When Buying an Older Building0

Posted by Thomas Miller, CCIM

old_buildingOlder industrial and commercial buildings can have unique characteristics that make them worthy of consideration for a number of companies. But environmental concerns need to carefully factored because they can result in potential liability issues that come with significant economic impact. Here are two environmental issues to consider when it comes to buying older buildings. … Read more →

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TB Woods, Inc. Signs Long-term Lease with Miller Industrial Properties0

Posted by Thomas Miller, CCIM

 TB Woods, Inc. Signs Long-term Lease with Miller Industrial Properties

Reno, Nevada (June 24, 2013) – TB Woods, Inc., recently signed a new long-term lease at 690 Overmyer Road in Sparks, Nevada. The 150-year-old company, a division of internationally based Altra Motion, Inc., distributes belted drive systems and coupling systems and looked to Miller Industrial Properties in Reno for assistance in locating and securing its new location.

“Tom Miller was highly aware of market conditions and streamlined our search process,” said Edward Novotny, president of TB Woods. “The lease transaction went smoothly and we have a new location that suits us perfectly and reduces our fixed operating costs as well.”

The company’s existing warehouse facility has become outdated and was too large for its current business model. TB Woods expects to occupy the new 17,600 square foot facility by late summer.

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Miller Industrial Properties Brings GE Capital’s 44,690 sf Reno, NV Property to 100 Percent Occupancy.0

Posted by Thomas Miller, CCIM

GE Capital Building full Occupancy - Reno NV

(Reno, NV) Miller Industrial Properties has completed the lease-up of GE Capital’s 1105 Rock Blvd., Brookside Project, Reno, Nevada. The 44,690 sf property is part of a 261,141 sf, 3 building complex, adjacent to the Reno-Tahoe International Airport. The property is now fully long term occupied, according to Tom Miller, President of Miller Industrial Properties.

“The completion of this building’s lease-up, especially in this low demand – extremely high competition time in the economy reflects the high level of effort of Miller Industrial and how the firm approaches the marketing and transaction management”, said Miller. “We always strive to provide a cooperative, partnering approach to the property ownership, we were able to draw upon our respective strengths to win highly contested leases and complete successful long term renewals. The joint approach facilitated these transactions and provided prospective and existing tenants positive results.”

Completing the lease-up, we recently finalized a new lease transaction with Houston based GHX, Int. / Delta Rubber encompassing 10,700 square feet in the properties’ last vacant space. Recent renewals were to existing tenants Interlock, USA with 18,440 sf and Simplex – Grinnell / Tyco at 15,550 sf.. This completes this building 100% and brings the overall project to just under 75% total occupancy.

About Miller Industrial Properties

Miller Industrial Properties
is an industrial real estate brokerage in Northern Nevada. For almost 4 decades, the company has successfully assisted numerous national, regional and local businesses relocate and expand in Northern Nevada. Miller Industrial Properties is highly recognized in the area for their knowledge, expertise and consistently professional services to their clients.

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.

157,000 SF Clear Span Manufacturing Building Silver Springs Nevada0

Posted by Thomas Miller, CCIM

[youtube=http://www.youtube.com/watch?v=EuD15cic9xs&w=430&h=248]

157,000 SF Clear Span Manufacturing Building with Airport Access

600 Lake Street, Silver Springs, Nevada

  • 3,300 Lineal Feet 6’ Chain Link Barbed Wire topped fencing with 30’ automatic rolling gates with keypad and remote entry
  • Extensive Perimeter Lighting
  • Excess Land for Expansion
  • Located Adjacent to Silver Springs Airport
  • One Day Access to Western States
  • Well Insulated
  • Skylights
  • Mezzanine Storage over Office in Fabrication Building
  • Former truss manufacturing facility built in 2006
  • Offered for sale significantly below replacement cost

For more information, please contact:

Brad Lancaster
Miller Industrial Properties
Reno Commercial Real Estate

775-828-4665 ext 17 – Phone
775-690-0535 – Cell
brad@millerindustrialproperties.com

Manufacturing Facility for Sale Details

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.

Patti Fox joins the Miller Industrial Team0

Posted by Thomas Miller, CCIM

Career Summary

Patti Fox joined Miller Industrial Properties in 2012 as a Sales Associate. Patti brings 10+ years of real estate experience with the last two years primarily focused on the marketing of Industrial property in the Inland Empire of Southern California. With her recent relocation to the Reno Market, she looks forward to bringing her previous years of sales and property management experience to benefit the Miller team.

Experience

2009 –2011: CB Richard Ellis | Client Services Specialist (sales and marketing)
2008 – 2009: Coldwell Banker Premier | Sales
2000 -2007: Pine Tree GMAC Real Estate | Broker Associate and Property Manager

www.MillerIndustrialProperties.com

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Standing out from the Reno Commercial Real Estate Competition0

Posted by Thomas Miller, CCIM

Reno Commerical Property - Stand out from the competition
Reno Commerical Property - Stand out from the competition

Record vacancy, sub performa lease rates, extreme competition over every deal

In today’s challenging real estate environment, landlords need every possible advantage going for them to help separate their property from the pack. Street signage has been an almost forgotten marketing tool. Every company has a logo and a corporate color and their real estate signs reflect those designs and the landlords get what they get.

Miller Industrial Properties has created a brand new sign specifically designed to attract maximum attention to our landlord’s properties.

Interested in learning more about selling your commercial property in Reno or Sparks NV. Contact Miller Industrial Properties for more Commercial Real Estate Property needs. 1(775) 828-4665.

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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