March HM Mini Goal – Plant Something
Hughes Marino | March 5, 2024
Local business and commercial real estate updates from Southern California’s leading tenant representation team
The Next Five Years Will Be the Biggest Tenants’ Market in 35 Years
Hughes Marino | Market Reports
March 19, 2024
While this title seems like a bold assertion, everyone is waking up to the reality that the office markets around the United States are in freefall. Consider this graph that compares January 2023 availability rates of U.S. office space to today. Nearly every metro area has crested 20%... or is well on the way… with Denver and the Texas markets of Dallas, Houston and Austin all at 25%, and San Francisco in the lead at almost 33%. Never in history has there been a bigger fall from grace than the story of Downtown San Francisco office real estate, having gone from one of the most expensive and tightest markets in the United States, to now by far the softest. Meanwhile, Miami is uniquely beating all the odds, and a full five percentage points below the next softest market.
Read MoreNational Industrial Markets Showing Advanced Signs of Weakening
Hughes Marino | Market Reports
March 12, 2024
Welcome to March of 2024, four years post-Covid. No longer are the ecommerce companies gobbling up hundreds of millions of square feet a year like they did in 2021 and 2022. No longer is the supply chain stuffed with raw materials and goods to satisfy a seemingly insatiable consumer demand. No longer are construction materials … Continued
Read MoreHughes Marino | March 5, 2024
David Marino | February 14, 2024
Hughes Marino | February 5, 2024
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John Jarvis | January 26, 2024
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Shay Hughes | January 17, 2024
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Hughes Marino | January 2, 2024