Author: Hughes Marino
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Insider Perspective: Advice We Find Ourselves Giving Again & Again
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Our advisors have sat alongside thousands of leadership teams working through a commitment most companies face only once every five or 10 years, and one of the largest they will ever sign. After enough of those negotiations, patterns emerge. The industries may change, the buildings certainly change and the market cycles turn, but the counsel…
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The San Diego regional industrial market has become very tenant-favorable post-Covid, as supply and demand conditions for industrial space have shifted such that availability rates around the region have spiked in the last two years. Much of this availability spike is based on speculative over-development of industrial buildings built from 2020 to 2024 to support the surge of online consumer…
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The San Diego regional office market has entered a new normal 6.5 years post-Covid, as employers and employees have permanently settled into the new in-person, hybrid and remote work conditions. The result on office demand and market conditions has also then fallen into equilibrium conditions. When compared to the nation, San Diego is generally healthier than most major U.S. markets…
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The commercial real estate market is the softest it has been in decades. For companies that occupy office, industrial or lab space, these conditions only cycle in about once a decade, so it’s the right time to be proactive about your lease even if you have a year or more left. Across nearly every market in the country, there is…
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Ask most business leaders what drives growth and you’ll hear about market timing, strategy and execution. At Hughes Marino, the answer has always been simpler, yet much harder to replicate: people and culture. From day one with our first office to fifteen years later and the expansion across 15+ cities nationwide, that belief has never wavered. Build the right team,…
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How Tenants Can Right-Size, Redesign & Renegotiate for 2026 Most tenants signed their current lease before hybrid work became more common. Now, companies across industries are sitting in offices designed for five days a week, paying for space that often sits partially empty. This guide covers how to assess what you actually need, design for the way people work today…
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Expanding your office in 2026 requires more than just extra square footage. It calls for data-driven decisions, flexible negotiations and strategic foresight. Market conditions are shifting, hybrid work is evolving and build-out costs remain volatile. This checklist distills industry best practices, negotiation strategies and key financial insights to help commercial tenants execute expansion plans with confidence. Whether you’re adding adjacent…
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A commercial lease is one of the largest financial commitments your business will make. Unlike investors who can refinance or sell, tenants are bound to the terms they sign, often for five to ten years. The steps below are written specifically for tenants: companies leasing office, industrial, lab or flex space for their own operations. Each one is designed to…
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As 2026 unfolds, the commercial real estate landscape is undergoing one of its most strategic shifts in a decade. Companies reassessing their real estate portfolios are turning to buyouts as tools for flexibility, capital optimization and risk realignment. A commercial real estate buyout, where a party acquires an ownership stake or assumes a lease position to unlock value or exit…
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In a recent interview on the Market Insider podcast with host Siyamak Khorrami, Senior Executive Managing Director and co-founder of Hughes Marino, David Marino, laid out a stark assessment of where commercial real estate stands today: this is the worst environment he’s seen in more than 30 years. According to David, commercial real estate in 2026 looks nothing like it…
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A Q&A With Jason & Shay Hughes Fifteen years ago, Hughes Marino was built on two bold ideas: that tenants deserved a true non-conflicted advocate and that commercial real estate could be elevated through a more sophisticated, service-driven model supporting both our clients and our advisors. While a lot of exciting things have changed over the years, Hughes Marino is…