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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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…
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In 2024, we brought back the fan-favorite concept of our HM Mini Goals with 12 fun, easy-to-execute commitments as a way to practice being impeccable with our word. Our mantra with these Mini Goals? Say it, do it, repeat. It’s as simple as that! Over the past 12 months, our teams from around the country, as well as many of…
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Happy December, everyone! It’s hard to believe, but we have come to the final month of our 2024 HM Mini Goal Program, and we are so proud of all the goals we have accomplished together throughout the year. Last month, we were tasked with completing a random act of kindness. We received touching examples of how you shared your kindness—from…
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As we begin to wind down another year, we like to reflect on what we’ve accomplished, who we are as a company and who we are as individuals. Looking back, we can’t help but feel truly grateful for all the opportunities we’ve experienced in 2024, which includes the incredible relationships we’ve built with our clients and within our company, as…
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While you cannot open a business periodical without reading an article about the meltdown of office space throughout the United States, which we forecasted would occur back in the Summer of 2020, no one is talking about the slide of industrial real estate nationally… until now… and as a business owner or executive running a manufacturing, research or distribution company,…
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As early as the summer of 2020, Hughes Marino shouted from the rooftops that a commercial office correction was in the works that would be worse than any downturn since the early 1990s commercial real estate crash. Meanwhile, the full-service brokerage firms who represent landlords—and purport to represent tenants—were promoting a rush back to the office that would create the…
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We are in the home stretch of 2024 with ten months of goals accomplished in our 2024 HM Mini Goal Program. In October, our goal was to send a note of gratitude, and we were moved by the photos of letters you sent to thank those who have inspired and encouraged you. We’re sure the recipients were incredibly appreciative!
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This may seem highly counterintuitive, at first. Per commercial real estate data analytics company, CoStar, law firms are the most attractive and desirable building tenants.