Author: Will Tober
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Where the Magic Happens: How to Activate the Amenities You Already Have
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By Alex Musetti & Will Tober We can’t tell you how many times we have toured a stunning, high-design office that feels more like a museum than a workplace. Every amenity is there, from the sleek fitness center and the high-end espresso machine to the shuffleboard table. But despite all these high-end details, if culture
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Business leaders across the country are cautiously observing one of the tightest industrial real estate markets on record with vacancies as low as 1.7% in some submarkets per our most recent Industrial Market Report. Relocation options are scarce and it seems like every week there is a record breaking rental price published above asking much to the investment community’s jubilee.…
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Commercial real estate trends are not absolute–and they’re not necessarily exactly the same in all markets or submarkets. However, general trends matter when predicting what the future holds, even when these trends seem to be changing weekly in response to vaccination levels and the easing of government restrictions. That being said, for several decades we have reported on the…
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It is widely accepted that the commercial real estate market, as a whole, has taken a hit during Covid 19. Restaurants and brick-and-mortar shops have faced the worst of it as retail properties everywhere shut down. Office buildings have not fared much better as most companies sent their employees to work from home. The drop in demand for those two…
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Anyone reading this understands that 2020 was one of the most volatile and difficult years in our lifetime. With that, the commercial real estate market and industry has become one of the most affected industries by the COVID-19 pandemic. However, 2020 did not affect all commercial real estate categories in the same way. The industrial sector of the economy has…
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Now that we are a full two quarters deep into the global recession caused by the COVID-19 virus, the effects of the pandemic are becoming crystal clear as to how it’s affecting the commercial real estate industry. Certainly, everyone understands that the retail, hospitality, travel and leisure and entertainment industry categories are completely distressed, to the extent that tens of…
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As corporate real estate advisors, we help businesses make the best possible real estate decisions they can and, for some companies, purchasing commercial real estate in lieu of leasing makes a lot of sense. For those businesses, it’s not only important to identify the right property, but to understand all of the financing options available to them so they can…
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Hughes Marino has, since its inception, believed in educating our clients and informing them of all of their real estate options. Depending on the circumstances, the best option may be to lease space, purchase a building, or construct their own space from scratch. During the complex process, our clients may have lease audit concerns, construction management issues, and in many…
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Over the past year, office buildings in the airport area of Orange County—inclusive of Newport Beach, Costa Mesa, south Santa Ana, and north Irvine—have sold at a remarkably high rate. In total, we have seen 29 investment properties change hands since July 2016 and dozens of others have been put on the market for sale, but removed when owners could…
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On a Sunday afternoon in early 2016 I sat down to watch The Pro Bowl—the NFL’s version of an all-star game. For those of you who follow professional football, you know that the game can be a little underwhelming to say the least, so my attention was split between the game and answering emails. While my focus began to switch…
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It should come as no surprise that the internet is one of the most widely used tools for searching for real estate. Companies like Zillow have secured real estate’s foothold on internet search patterns and consumers are usually better off for it. What is less understood is how companies use the internet to aid them in their corporate real estate…