Author: Zane Keith
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Demolition and Rezoning: Simultaneously Solving the Office Supply Glut and Affordable Real Estate Shortage
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A fundamental tenet of real estate valuation and development is that land gravitates to the highest and best use. The United States has a residential real estate crisis, where Zillow reported in 2024 that there’s a shortage of approximately 4.5 million housing units.
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Spring is in full force, and our 2024 HM Mini Goal Program keeps surprising us with more and more creative ways everyone is accomplishing our mini goals. In April, our goal was to have an outdoor adventure, and we loved seeing you enjoy the great outdoors all across the country! From watching the solar eclipse that took the U.S. by…
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In 1954, Darrell Huff’s How to Lie with Statistics quickly became a standard textbook for any introductory statistics class, addressing thorny concepts such as random sampling, correlation versus causation and visual misrepresentation through scale manipulation or truncation. The book makes the case that we are all susceptible to being misled if we are not careful about the way we interpret…
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One whole quarter of ‘doing what we said we would do’ for our 2024 HM Mini Goal Program is complete! Isn’t it fulfilling to have accomplished three fun goals this year? In March, our goal was to plant something, and we loved seeing your green thumbs in action! From planting trees in your backyards, to planting seedlings across our offices,…
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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…
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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 […]
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Salt Lake City, UT – Hughes Marino, a global corporate real estate advisory firm that specializes in representing tenants and buyers, is proud to announce its latest office opening in Salt Lake City, Utah. With offices in multiple cities across the U.S., and growing its team by 8x in less than 10 years, Hughes Marino continues to expand its services…
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We have two months of in the books of ‘doing what we said we would do’ for our 2024 HM Mini Goal Program! In February our goal was to paint something, and you all really showed up. From beautiful team watercolor works, to painting a new nursery and painting fences, walls and other home improvement projects, we loved seeing how…
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By David Marino Four years post-Covid, most employers and employees are now living the new normal—they are remote, hybrid or distributed, working where they thrive and often coming into the office three or four days a week. Right now, many companies have no formal policy as to days in the office, and most companies are […]
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For February, we are tasked with expressing our creativity, so let’s get out there and paint something! So much about finding balance in our adult lives is about reconnecting with the creative impulses and spontaneous joys of our childhood. There’s a freedom in creating new works of art from scratch, letting our imaginations lead us. And when we participate in…
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When it comes to the commercial real estate market, uncertainty is mounting. Looking out across Elliott Bay to Seattle’s skyline with its iconic Space Needle, or flying in for a landing over San Francisco’s office towers, anywhere from a third to half of the offices are vacant.