The Canary in the Coal Mine Stops Singing…

Jason Hughes, David Marino | HM Blog
March 13, 2020

The story of the “canary in the coal mine” is an advanced warning of danger. The metaphor originates from when miners used to carry caged canaries while at work; if the air in the mine became toxic, the canary would die before levels of gas became hazardous to humans. Many of our clients consider Hughes Marino the canary—an alert system that would be the first to go on record that the commercial real estate market had become toxic…like we did back in 1999 and 2007, a year in advance to each of those prior major recessions. Well, that day is today.

Looking for Potential Office Lease Savings? Take Time to Review Your OpEx & CAM Reconciliation

Ed Muna | Commercial Lease Insights
March 25, 2020

As businesses hunker down and look for ways to cut costs and improve their bottom line, one area that typically gets overlooked are the operating expense charges and common area maintenance (CAM) charges in commercial leases. These expenses are confusing for most, and therefore may seem like an overwhelming challenge to tackle. Nonetheless, this could be an area where significant savings could be identified, potentially saving your business thousands of dollars during this unprecedented time.