Optimizing Your Logistics: In-House Warehousing or 3PL—Which Path is Right for You?

Hughes Marino | HM Blog
March 26, 2025

We work with business leaders every week that are navigating the critical inflection point of scaling their logistics operations. Whether it's an e-commerce brand looking to optimize fulfillment, a manufacturer expanding distribution or a retailer managing inventory across multiple markets, one of the biggest decisions they face is whether to lease/buy and operate their own warehouse, or outsource warehousing and fulfillment operations to a third-party logistics (“3PL”) provider. This strategic decision affects capital outlay, cash flow and cost control, flexibility, long-term business growth and risk. Here we break down the advantages and trade-offs of each option, giving you the insights needed to make an informed choice that aligns with your business objectives.

The Office Market Begins Searching for a Bottom

Hughes Marino | HM Blog
March 11, 2025

After three years of spiking office space availability rates, 2024 was the first year where the U.S. office market began searching for a bottom. Most metro markets did not see office availability rates materially rise or fall over the last year, which is good news for owners, suggesting that the markets might be stabilizing. There were some notable exceptions moving in opposite directions. Boston’s availability rate increased by almost two percentage points and Austin increased by just over one percent. On the other side, Houston and New York City saw almost a two percent decrease in availability rates, while San Jose and Atlanta each saw a full percentage point decrease. The following chart shows availability rates by metro area from Q1 2024 compared to Q1 2025.