PROPERTIES


SERVICES

Lease Renewal Negotiation:

Miller Industrial Properties is very active representing tenants with lease renewals at their current location at the end of their existing lease term. Many times your landlord simply advises you of the new rates, you sign your lease renewal and go forward. It’s certainly the easy way to go. However that may not best serve your firms operating costs, future plans and needs. Miller Industrial Properties assists you by adding a negotiating elements that you, as a tenant, do not possess, such as: up to date market lease knowledge, our years of expertise in lease renewals and a strong relationship with your landlord in lease negotiations.

The Northern Nevada real estate market is very active and conditions are constantly changing. Vacancies in specific sub-markets move up and down, affecting that market, occupancies vary, terms / conditions of leases being offered today may have changed from your original lease, landlord concessions change, tenant improvements may be fully amortized  and most importantly lease rates change. How do you know that the deal the landlord will offer is competitive and best serves your future needs / options ? You don’t. That’s where we come in to support a responsible lease renewal negotiation. And, as always, our services are free to you; the tenant, since we only share in the fees the property ownership extends to their agent to handle your lease extension for them. Remember, the landlords’ agent represents the landlord’s interests solely; not yours. That’s where we help you through every step of the process, representing your interests.

The time to start this process is a number of months prior to your lease expiration date. This allows enough time to look at  and consider all options and best serves your negotiating positions. Give us a call or an email; we’d be happy to assist, save you time / effort, streamline the process and probably save you money.  This is OUR business, let our expertise help you, while you tend to how YOUR business makes profits.



 

Leasing and Selling