Author: admin
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Bricks and Mortar & Michael Porter
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By John Jarvis The business of corporate real estate, it turns out, isn’t just about the buildings Michael Porter is a brilliant professor at Harvard Business School who collaborated on the Five Forces Framework for analyzing an industry based on its competitive dynamics. These five forces include the relative bargaining power of buyers and sellers,…
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At Hughes Marino, our award-winning culture and team performance thrives on continuous improvement, knowing that EVERY detail matters. This includes identifying things, both big and small, that may not be running as smoothly as they could be and having the courage to speak up when challenges might arise. As part two of our HM-ism series, we wanted to focus on…
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Commercial real estate is an inefficient marketplace. It is also a bit of a relic, unchanged in the last hundred years and largely dominated by landlords and their brokers, which has resulted in an industry where long-term, loyal, repeat customers are repeatedly expected to pay a premium. I call it a loyalty premium. The mechanism for this is the renewal…
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It is my pleasure to serve on the Board of Advisors for YMCA Overnight Camps, where we oversee three great year-round resident camps: Camp Surf, Camp Marston and Raintree Ranch. It was in a conversation about Raintree Ranch, a camp where kids learn to ride and care for horses, where I learned something interesting. A dominant stallion will typically lead…
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If you are a business owner or executive team member operating an industrial distribution or manufacturing company in the Inland Empire, you’re probably still picking off the scar tissue from the run-up of industrial rents from 2020 through 2022. The outbreak of Covid in second quarter of 2020 created a run on industrial real estate in the fall of 2020.…
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From 2020-2022, the biotech industry was the standout of the U.S. capital markets, thanks to the vital role the industry played in the Covid-19 pandemic response and the unprecedented capital investment that flowed into the industry for the diagnosis and treatment of all disease conditions. With that fresh capital, biotech companies leased millions of square feet of biotech wet lab…
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As a firm that specializes in representing tenants and owner/users of commercial real estate, we spend every day protecting the interests of companies. That singular focus gives us a real edge, especially in moments like this when the market is shifting quickly.
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A fundamental tenet of real estate valuation and development is that land gravitates to the highest and best use. The United States has a residential real estate crisis, where Zillow reported in 2024 that there’s a shortage of approximately 4.5 million housing units.
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At Hughes Marino, we take inspiration a step further with our “HM-isms”—phrases that we’ve cultivated over the past 14 years from our teammates and guest speakers, and from influences around the world. Designed to inspire, these HM-isms motivate and provide valuable life lessons across all aspects of our days, both professionally and personally. As a team that is constantly on…
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How can we identify what is wasteful of our time and resources? This seems to be the pertinent question that is top of mind for every business leader, especially today, as efficiency and costs are under the microscope. As a company leader who also happens to work within commercial real estate, I have conversations surrounding this question with other executives…
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In an article published by The Boston Globe, industry experts, including our own Boston managing director, Nick Amarante, shared insights into the state of Boston’s biotech and life sciences industry, from layoffs to funding pullbacks and pipeline slowdowns. But the one underlying theme that deserves more attention is real estate.
