The Tenant Quiz – Industrial Real Estate Q&A0

Posted by Thomas Miller, CCIM

question markIn the world of industrial real estate, there are a number of questions that come up again and again. From agent questions to property search, and the often-misunderstood mystery about who really pays what, here are nine questions we hear at Miller Industrial Properties in northern Nevada pretty regularly. How well would you pass this tenant quiz? If our agents represent you, our guess is you’ll fare well. … 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.

Savvy Tenant Strategies in Landlord-Friendly Markets0

Posted by Thomas Miller, CCIM

miller-industrial-properties-nevada-tenant-strategies-landlord-friendly-marketImagine your industrial real estate lease is coming up for renewal, but the current climate favors landlords – as is the case here in northern Nevada. Imagine that your West Coast customers are demanding better shipping times and you need a West Coast location, but the market is asking high rents. Imagine that long haul freight costs are killing your profitability, necessitating a warehouse closer to your distant customer base, but availability is low and rents are high. None of these are favorable scenarios for the tenant, but there is good news.

If you find yourself in one of the situations outlined here, you don’t have to sacrifice solving your logistical problems simply because of landlord friendly real estate market conditions. All you need is a good strategy. … 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.

Tips for Avoiding Tenant Risk in Northern Nevada Industrial Real Estate0

Posted by Thomas Miller, CCIM

miller-industrial-properties-northern-nevada-tenant-riskWould you classify industrial real estate transactions as win/lose scenarios? It seems like an obvious call. After all, either the tenant or the landlord will leave the negotiating table feeling like they had the upper hand. Actually, it’s that scenario that can set up the biggest risk an industrial real estate tenant can take. The riskiest proposition for any tenant is always the same – entering any phase of the lease transaction without sufficient 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.

A Guide to Tenant Improvements for the Industrial Client0

Posted by Thomas Miller, CCIM

tenant-improvementIt is a rare occasion that a tenant will find a large industrial property that works for them in “as-is” condition. Most long-term industrial leases include what we refer to as tenant improvements, or TI’s. If you’re in need of an industrial facility, bookmark this page for future reference. … 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 and Cons of Subleasing Industrial Space in a Landlord’s Market0

Posted by Ali Forma

miller-industrial-properties-northern-nevada-indusrial-subleaseFor many business owners, signing a three-year or a five-year lease on an industrial space can seem overwhelming, if not downright impossible. And unfortunately, in northern Nevada’s current market, most landlords won’t even consider offering a short-term lease. But that doesn’t mean you don’t have options. An industrial sublease is one avenue that might be worth exploring. This type of lease tends to be more flexible and can be more affordable if you are searching for a space in a market with rising rates. … 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 Tips Every Warehouse Tenant Needs to Hear0

Posted by Thomas Miller, CCIM

miller-industrial-properties-new-deals-2017It’s not uncommon for the typical industrial real estate agent to move into a new space and refocus completely on business. This works just fine – until lease renewal time rolls around. In most cases, the tenant and his or her agent will then deal with it as quickly as possible and then get back to work. But that can be a sign of trouble. Why? Because when a tenant is completely immersed in the business, he or she may be oblivious to allowances that are being made regarding a less-than-ideal location. It’s the savvy industrial real estate tenant who pays attention to one of the biggest fixed costs of the logistics operation. But they don’t do it alone. Instead, they partner with the right industrial real estate 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.

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.

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