Commercial real estate leasing firm Hughes Marino has established a new Lease Audit Services division to ensure that property owners are charging operating expenses in compliance with their leases. Leading the division is Ed Muna, who has 20 years of experience representing landlords in the management and leasing of commercial space. “For 20 years we have been negotiating leases with the goal of protecting tenants,” said Jason Hughes, company president. “What we found is that, intentional or not, many property owners disregarded many of the protections that were negotiated. The new service allows for a review to ensure compliance with lease terms.” Muna is a licensed real estate broker and holds the designation of Certified Property Manager from the Institute of Real Estate Management. He is a graduate of San Diego State University. Muna is involved with the San Diego Regional Chamber of Commerce, Downtown San Diego Partnership, and numerous industry groups. “Businesses are looking for the peace of mind that they are paying no more than the charges negotiated in the lease,” said Muna. “To our surprise, we are finding that a high percentage of property owners are missing material provisions. These property owners want to keep their tenants happy and maintain long-term relationships, so when a discrepancy is identified we have found that most owners immediately acknowledge and address any issue.”
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