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.

Top 3 Questions for Industrial Real Estate Buyers and Tenants to Ask0

Posted by Thomas Miller, CCIM

question markAre you asking the right questions on your industrial real estate searches? Are you providing the right amount of information for a warehouse search or renewal of existing space? Are you giving too much or too little information? If you’re a buyer or tenant of industrial real estate, these are the questions you need to be asking yourself well before the property search or renewal process begins.
The questions you ask a potential industrial real estate agent are just as important. Here are three things to inquire of anyone offering their services – and why they matter. … 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 Every Industrial Tenant Needs an Agent of Their Own0

Posted by Thomas Miller, CCIM

save-moneyIf you’re like many industrial real estate tenants, dealing with the landlord’s agent has likely made things pretty easy in the past. They bring you paperwork, you sign it, and your spot is secured for another few years. But what if you knew that you could negotiate a better lease rate, more tenant improvements or more favorable lease terms? You likely can – if you have an industrial real estate agent on your side of the bargaining table. … 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 Invaluable Industrial & Commercial Lease Contract Tips0

Posted by Thomas Miller, CCIM

Buying or Leasing Commercial Property – Three Reasons Not to DIYThe relationship between a landlord and a tenant is complex. While they both need each other, they also both serve the needs of the other. The lease terms and market conditions dictate to a large degree if that relationship favors one, the other or neither, and that relationship also changes as market conditions change. Whether you are aware of  it or not, your relationship with your landlord – or better put, the value your lease brings to your landlord – is a 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.

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