Navigating the Landlord-Tenant Relationship – Tips from Miller Industrial0

Posted by Thomas Miller, CCIM

miller-industrial-properties-navigating-landlord-tenant-relationshipIn the landlord-tenant relationship, there are needs. Both sides need the other, and both sides also serve the needs of the other. The power imbalance – those times when the relationship favors one, the other, or neither – are tied to things like lease terms and market conditions, and so may fluctuate as the market evolves. Whether or not you recognize it as the tenant, your relationship with your landlord (that is, the value your lease brings your landlord) is a moving target. Here are a few suggestions from Miller Industrial Properties when it comes to navigating the landlord-tenant relationship.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.

Avoiding Tenant Risk in Industrial Real Estate0

Posted by Thomas Miller, CCIM

miller-industrial-properties-tenant-riskOn the surface, it might seem safe to characterize an industrial real estate transaction as a win/lose proposition. Either the landlord or the tenant will walk away from the negotiating table feeling pleased or dominated. That’s not actually the case, but it’s that scenario that gives way to the biggest risk an industrial real estate tenant can take. That risk? Entering any phase of the lease transaction without adequate representation. Here’s why you would be wise to avoid tenant risk in 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.

Pros & Cons of Using an Industrial Real Estate Agent in Northern Nevada0

Posted by Thomas Miller, CCIM

northern-nevadaIt’s understandable that someone looking to buy or lease industrial real estate thinks they can save some money through a bit of hard work and perseverance. But what are you really saving – and what are you really giving up – when you try to navigate your own industrial real estate transaction? Here are the pros and cons of using an industrial real estate agent 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.

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.

If I Use an Industrial Real Estate Agent, Will my Lease Rates Increase?0

Posted by Thomas Miller, CCIM

industrial-real-estate-agent-miller-industrial-properties-renoThis comment likely originated from a landlord, and the sentiment is this: I’d rather work directly with someone who doesn’t understand the market as I do. The truth is, using an industrial real estate agent will not cause your lease rates to increase. Actually, you’ll probably get a much better rate using an agent than you would trying to negotiate it yourself. … 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 Tips In Your Dealings with Your Landlord0

Posted by Thomas Miller, CCIM

best-practicesThe relationship between a landlord and a tenant is interesting –they both need each other, and they both serve the needs of one another as well. So when does the relationship favor one, the other or neither? That’s directly related to the lease terms and market conditions, and it can fluctuate as market conditions change. Whether you realize it or not, your relationship with your landlord – or better put, the value your lease brings to your landlord – is a constantly moving target. Consider these three tips in your dealings with your landlord. … 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 Questions to ask in an Industrial Real Estate Agent Interview0

Posted by Thomas Miller, CCIM

question markA few years ago, we ran a series debunking common industrial real estate myths. Myth #3 is this:  “Since all commercial real estate  know what they’re doing, there’ no need to to conduct interview before I hire one.” That logic is flat wrong, and 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.

Why You Should Know When Your Industrial Real Estate Lease Is Up0

Posted by Thomas Miller, CCIM

best-practicesPop quiz to the business owners reading this post: When does your industrial real estate lease expire? If you’re like many business owners, you likely have a general idea. But if you have even hazy plans to relocate or expand when the lease expires, it’s worth getting the ball rolling up to even two years in advance. 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.

The Biggest Risk a Tenant Takes in Industrial Real Estate0

Posted by Thomas Miller, CCIM

RiskThe savviest industrial real estate tenants understand, at least to some degree, that their goals are very often completely at odds with the goals of the other players in a given transaction. The good news is that this doesn’t necessarily mean a commercial or industrial real estate transaction is a win/lose proposition. In fact, it’s really anything but that scenario. Still, that situation is what gives rise to the biggest risk a tenant can take: entering any phase of a lease transaction either unrepresented, or worse, poorly represented. 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.

The Effect of Supply and Demand on Business Rents in Northern Nevada0

Posted by Thomas Miller, CCIM

supply-and-demandRecently, there was a local article featuring a distressed tenant under a headline effectively saying that rising rents distress tenants. The article noted that the tenant has been essentially forced to move the business location in search of lower rents. The original location is in a revitalized part of town with significant business interest in the area to capitalize on the resurgence of a specific demographic thriving in the area. This is clearly unfortunate for the tenant. However, it’s also a perfect example of the basic economic rule of supply and demand. I’m sure some of the readership may villainize the landlord as being one of the many greedy business types always looking to maximize their profit at all costs. … 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.

Commercial and Industrial Properties Commercial and Industrial Properties Commercial and Industrial Properties Commercial and Industrial Properties Commercial and Industrial Properties