Commercial Real Estate Nevada 6/17

Alternatives to the Tenant Improvement Allowance

Tom Miller, CCIM

Dec 16, 20152 min read

Alternatives to the Tenant Improvement Allowance

Build Out, or Building Standard Allowance With this option, your landlord will offer you a package of specified improvements and you pay...

NNBW Taps Brad Lancaster of MIP for Article

Tom Miller, CCIM

Dec 9, 20151 min read

NNBW Taps Brad Lancaster of MIP for Article

From the article: “Pertici North America… chose northern Nevada because it offered the right amount of space, a great labor market and...

When is Your Industrial Lease Up? Here’s Why it Matters.

Tom Miller, CCIM

Dec 3, 20151 min read

When is Your Industrial Lease Up? Here’s Why it Matters.

Smaller tenants – those leasing up to 15,000 square feet or so – tend to need around 12 months to truly think strategically about next...

Recent Industrial Real Estate Deals at Miller Industrial

Tom Miller, CCIM

Nov 25, 20151 min read

Recent Industrial Real Estate Deals at Miller Industrial

Three northern Nevada properties are home to three new tenants, after Brad Lancaster of Miller Industrial Properties represented a...

Ready to Relocate? Here’s Why You Should Consider Northern Nevada

Tom Miller, CCIM

Oct 28, 20151 min read

Ready to Relocate? Here’s Why You Should Consider Northern Nevada

The short answer is that northern Nevada’s favorable tax climate and strategic location as a distribution point to northern California...

The Smartest First Step to Buying or Leasing Industrial Space

Tom Miller, CCIM

Oct 22, 20152 min read

The Smartest First Step to Buying or Leasing Industrial Space

Pop quiz. After a business owner or company has decided that it’s time to expand or relocate, what’s the most prudent first move? Here’s...

Tom Miller, CCIM

Oct 14, 20152 min read

Beyond the Real Estate License

You need to look far deeper for the kind of qualifications that indicate experience and knowledge. The bottom line is that all vetting...

Northern NV’s Industrial Report, Third Quarter 2015

Tom Miller, CCIM

Oct 7, 20151 min read

Northern NV’s Industrial Report, Third Quarter 2015

From our report: “Vacancy is down, absorption is up, construction is busy – that’s the short version of the Q3 2015 Reno/Sparks...

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

Tom Miller, CCIM

Sep 16, 20151 min read

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

Not necessarily. If your needs have changed before your industrial or commercial lease has come to an end, you may have options beyond...

Miller Industrial Properties Brings Cabinet Manufacturer to Reno

Tom Miller, CCIM

Sep 9, 20151 min read

Miller Industrial Properties Brings Cabinet Manufacturer to Reno

Miller showed the company six to eight potential locations, and the 126,268-square-foot facility at 1381 Capital Court in Reno proved...

Understanding “Agency” for an Industrial Real Estate Tenant – And Why it Matters

Tom Miller, CCIM

Aug 19, 20153 min read

Understanding “Agency” for an Industrial Real Estate Tenant – And Why it Matters

First, some background: The landlord/tenant relationship has similar attributes to most business relationships. In most instances, one...

Longtime Reno Sign Shop Finds a Permanent Home

Tom Miller, CCIM

Aug 13, 20151 min read

Longtime Reno Sign Shop Finds a Permanent Home

“Brad was really great to work with,” says Wilson. “We know a lot of industrial and commercial agents, but he knew exactly what we wanted...

Top Two Environmental Concerns When Buying an Older Building

Tom Miller, CCIM

Aug 11, 20152 min read

Top Two Environmental Concerns When Buying an Older Building

Asbestos This is one of the most common concerns with older industrial buildings. Generally, the assumption is that all asbestos must...

Top Ten Industrial & Commercial Lease Terms

Tom Miller, CCIM

Aug 4, 20152 min read

Top Ten Industrial & Commercial Lease Terms

Lease Rate This is the annual cost per square foot of an industrial or commercial location. Let’s say the lease rate is quoted as $4 per...

Kastel Denmark Clothing Line Moves to Town

Tom Miller, CCIM

Jul 28, 20151 min read

Kastel Denmark Clothing Line Moves to Town

Scandia Realty Group plans to use the facility for the distribution of the Danish clothing line, Kastel Denmark by Charlotte Jorst.

Three Invaluable Industrial & Commercial Lease Contract Tips

Tom Miller, CCIM

Jul 22, 20152 min read

Three Invaluable Industrial & Commercial Lease Contract Tips

Generally, most locations have a property manager group responsible for collecting the rent, recapturing the NNN costs, paying bills and...

Tips to Determine Whether to Lease or Buy Commercial Real Estate

Tom Miller, CCIM

Jul 15, 20152 min read

Tips to Determine Whether to Lease or Buy Commercial Real Estate

In many instances, the buy or lease decision can be as simple and arbitrary as “I want to buy a property and have my business rent it...

Longtime Reno Flooring Contractor Finds New Home

Tom Miller, CCIM

Jul 7, 20151 min read

Longtime Reno Flooring Contractor Finds New Home

Tom Miller of Miller Industrial Properties represented the sellers, Dean and Gloria Smith, in the transaction. “Everything regarding the...

The Shift to a Landlord-Friendly Market in Northern Nevada

Tom Miller, CCIM

Jul 2, 20151 min read

The Shift to a Landlord-Friendly Market in Northern Nevada

“There will be little talk of recovery in the northern Nevada industrial real estate market as we review the second quarter of 2015....

Northern Nevada’s Current Phase in the Real Estate Cycle, June 2015

Tom Miller, CCIM

Jun 17, 20152 min read

Northern Nevada’s Current Phase in the Real Estate Cycle, June 2015

Our previous post detailed the fact that “the recovery phase was upon us” and noted that the big box users had absorbed the remaining...