HM Blog
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The Lease Renewal “Loyalty Premium”
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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…
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While national headlines talk about the battering commercial real estate office space is taking due to hybrid and remote working post-Covid, industrial real estate nationally is entering a second year of taking a hit in most major metro markets around the United States. Caused primarily by extreme over-development in the last three years thinking that the unprecedented 2020 through 2021…
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When we founded Hughes Marino 14 years ago, we had already spent 20+ years in the commercial real estate industry and recognized that there had to be a better way to help companies with their space. This realization led us to another question: If we could reimagine our own industry, what would it look like? This quest set us on…
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In 2024, we brought back the fan-favorite concept of our HM Mini Goals with 12 fun, easy-to-execute commitments as a way to practice being impeccable with our word. Our mantra with these Mini Goals? Say it, do it, repeat. It’s as simple as that! Over the past 12 months, our teams from around the country, as well as many of…
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Happy December, everyone! It’s hard to believe, but we have come to the final month of our 2024 HM Mini Goal Program, and we are so proud of all the goals we have accomplished together throughout the year. Last month, we were tasked with completing a random act of kindness. We received touching examples of […]
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As we begin to wind down another year, we like to reflect on what we’ve accomplished, who we are as a company and who we are as individuals. Looking back, we can’t help but feel truly grateful for all the opportunities we’ve experienced in 2024, which includes the incredible relationships we’ve built with our clients and within our company, as…
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While you cannot open a business periodical without reading an article about the meltdown of office space throughout the United States, which we forecasted would occur back in the Summer of 2020, no one is talking about the slide of industrial real estate nationally… until now… and as a business owner or executive running a manufacturing, research or distribution company,…
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As early as the summer of 2020, Hughes Marino shouted from the rooftops that a commercial office correction was in the works that would be worse than any downturn since the early 1990s commercial real estate crash. Meanwhile, the full-service brokerage firms who represent landlords—and purport to represent tenants—were promoting a rush back to the office that would create the…
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We are in the home stretch of 2024 with ten months of goals accomplished in our 2024 HM Mini Goal Program. In October, our goal was to send a note of gratitude, and we were moved by the photos of letters you sent to thank those who have inspired and encouraged you. We’re sure the recipients were incredibly appreciative!
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This may seem highly counterintuitive, at first. Per commercial real estate data analytics company, CoStar, law firms are the most attractive and desirable building tenants.
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No one will dispute that a lot has changed about the way we work over the last few years. It’s been a bit of a roller-coaster, with people initially loving the freedom to work from home, then not loving it so much as the novelty wore off due to isolation and missing the in-person