Author: Hughes Marino
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How to Overcome Cost Barriers with Affordable Build-to-Suit Solutions
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A well-structured build-to-suit (BTS) can deliver the exact facility your team needs, without overpaying for features you’ll never use. The key is attacking cost barriers head-on: establish ruthless cost visibility, choose procurement models that align incentives, standardize wherever possible and use digital decisioning to avoid missteps before they happen. BTS is a development approach in
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At Hughes Marino, our award-winning culture and team performance thrives on continuous improvement, knowing that EVERY detail matters. This includes identifying things, both big and small, that may not be running as smoothly as they could be and having the courage to speak up when challenges might arise. As part two of our HM-ism series, we wanted to focus on…
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If you are a business owner or executive team member operating an industrial distribution or manufacturing company in the Inland Empire, you’re probably still picking off the scar tissue from the run-up of industrial rents from 2020 through 2022. The outbreak of Covid in second quarter of 2020 created a run on industrial real estate in the fall of 2020.…
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From 2020-2022, the biotech industry was the standout of the U.S. capital markets, thanks to the vital role the industry played in the Covid-19 pandemic response and the unprecedented capital investment that flowed into the industry for the diagnosis and treatment of all disease conditions. With that fresh capital, biotech companies leased millions of square feet of biotech wet lab…
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At Hughes Marino, we take inspiration a step further with our “HM-isms”—phrases that we’ve cultivated over the past 14 years from our teammates and guest speakers, and from influences around the world. Designed to inspire, these HM-isms motivate and provide valuable life lessons across all aspects of our days, both professionally and personally. As a team that is constantly on…
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Business strategist, author and long-time Hughes Marino coach Joe Calloway recently sat down with our team for a Q&A that left us inspired and wanting to share his wisdom with our clients and friends. Centered around one of many of Calloway’s books, Becoming a Category of One— which is also a favorite read of ours—we discussed the timeless principles for…
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We work with business leaders every week that are navigating the critical inflection point of scaling their logistics operations. Whether it’s an e-commerce brand looking to optimize fulfillment, a manufacturer expanding distribution or a retailer managing inventory across multiple markets, one of the biggest decisions they face is whether to lease/buy and operate their own warehouse, or outsource warehousing and…
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It isn’t uncommon for a company to have core values, but at Hughes Marino, we take inspiration a step further with “HM-isms”—meaningful phrases that we’ve collected over the years from our teammates themselves and from positive influences from leaders around the world. These HM-isms are designed to inspire, motivate and provide valuable life lessons across all aspects of our days,…
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After three years of spiking office space availability rates, 2024 was the first year where the U.S. office market began searching for a bottom. Most metro markets did not see office availability rates materially rise or fall over the last year, which is good news for owners, suggesting that the markets might be stabilizing. There were some notable exceptions moving…
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While national headlines talk about the battering commercial real estate office space is taking due to hybrid and remote working post-Covid, industrial real estate nationally is entering a second year of taking a hit in most major metro markets around the United States. Caused primarily by extreme over-development in the last three years thinking that the unprecedented 2020 through 2021…
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Since 2021, the industrial and flex space market in Miramar has undergone a dramatic transformation, moving from one of the tightest market conditions in history, to now having an availability rate that is the highest in a decade. Back in 2021-2022, of the 18 million square feet of industrial and flex space in the market, only 520,000 square feet were…