With Hughes Marino’s commitment to confidentially, it is not often we are able to illustrate the value and savings our clients receive. But between March and May 2013, two government agencies undertook significant lease negotiations in downtown San Diego, making their transactions public. These two leases provide an excellent comparison to demonstrate the value of working with Hughes Marino.
In the first transaction, the City of San Diego retained me to negotiate its lease at 525 B Street. A second transaction, signed by the San Diego Association of Governments (SANDAG) for comparable space directly across the street with similar floors, views, and quality of building, was not represented by Hughes Marino.
The table below illustrates our firm’s unique ability to secure a far superior deal for our client. As you can see from the side-by-side comparison, you pay a big premium for negotiating without Hughes Marino’s collective bargaining power.
For a more detailed comparison of the two leases, check out this post at Voice of San Diego.
Jason Hughes is chairman, CEO, and owner of Hughes Marino, an award-winning commercial real estate company with offices across the nation. A pioneer in the field of tenant representation, Jason has exclusively represented tenants and buyers for more than 25 years. He writes about topics in commercial real estate from a tenant’s perspective on his blog, Downtown Dirt. Contact Jason at 1-844-662-6635 or email@example.com to learn more.