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’s 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.

3 Questions Every Industrial Real Estate Buyer Should Be Asking0

Posted by Thomas Miller, CCIM

Do I Really Need to Interview a Commercial Property Agent?Whether you’ve been on an industrial real estate search before, or you’re about to take the plunge for the first time, you probably have plenty of questions. But before you can get to those, there are three important questions you need to ask a potential industrial real estate agent first. Buyers and tenants alike, here’s what to ask of anyone who is offering his services 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.

12 Top Industrial Real Estate Trends Right Here, Right Now in Northern Nevada0

Posted by Thomas Miller, CCIM

Real_Estate_Market_Cycles-300x224[1]As we continue here in the spring of 2016, the ‘R’ word isn’t heard much any longer – except as “recovery” – and even then, our area has put the recovery phase in the past. The northern Nevada industrial real estate market has fully recovered and in doing so, the reality has changed for all tenants. Our market has crossed over to a slight landlord-favored climate at this time. Plus, the dominance of REIT owned locations has further strengthened the landlord side of the negotiating formula. We are experiencing specific trending of which tenants need to be aware.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.

Am I Stuck with My Industrial Property Until the Lease Expires?0

Posted by Thomas Miller, CCIM

lease-agreementImagine this scenario: You’re a tenant leasing an industrial or commercial real estate property. For any number of reasons, the space is no longer working for your business – maybe you need to downsize or expand, or a big economic swing means your rent is not a market rent anymore. Maybe you’re relocating out of the area or you just need a different locale. Whatever your issue, you’re stuck because your lease isn’t up for a significant period. You’re just going to have to wait it out until the lease term ends and you can find something more suitable, right? … 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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