Author: John Jarvis
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What Your Landlord Knows (That You Don’t)
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By John Jarvis Overcoming information asymmetry in commercial lease negotiations Imagine sitting down to a poker table when the dealer shuffles the cards, cuts the deck and deals…except their cards are all face down and yours are all face up. Yep. This is what most tenants experience when negotiating building leases opposite institutional property owners.…
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In 2024, company leaders want their employees back in the office. But it turns out that isn’t exactly easy to achieve. As a result of our pandemic-inspired experiment in working from home, everyone learned that remote work, in fact, can work, and it can work quite well for many employees. Skip the brutal commute. Enjoy home cooking, three meals a…
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As one of the founding brokers at Hughes Marino, I work as a licensed commercial real estate broker and a project team leader. We help companies to make great real estate decisions. After 26 years doing this work I am happy to report that I really love what I do. In 2012, I was asked to take on additional responsibility…
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There is nothing better than being a part of a fantastic team, when everyone contributes, and the outcome is greater than the sum of the parts. And then there are those exceedingly rare moments, when the right people team up and the result is nothing short of alchemy—magically, metaphorically turning base metals into pure gold. In this case I am…
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I have a theory. I actually have lots of theories. My friends find it mildly annoying and sometimes entertaining. This theory is about “The Great Resignation.” Some pundits are saying that the Great Resignation is reflecting a shift in the balance of power from employers to employees, and about getting employers to step up and pay a “fair” wage. And…
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I have been talking a lot with our brokers here at Hughes Marino about getting out on wilderness adventures as a team. For my part, I typically have one or two trips on the calendar at any given time, either with the National Outdoor Leadership School (NOLS) or Cairn Leadership Strategies. The NOLS Alumni trips are a week long, but…
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I am going to take a deep dive here down another rabbit hole and try to explain one of the more interesting and unusual aspects of commercial real estate. Let’s call it the “Free Rent Game.” I am going to assume that you understand cap rates; what they are, how they function and how they exponentially super-charge the rent that…
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The year was 1965 when Art Gensler along with his wife and an associate founded the architectural firm in his name to specialize in corporate interiors. Gensler has since become a global powerhouse and a thought leader in the field of office design. Each year the firm comes out with an annual report, and with each annual report we seem…
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Public speaking wasn’t my thing. I just didn’t see myself as a talking head, standing on stage, pontificating. So throughout last year and earlier this year I decided to try and improve my on-stage presentation skills with a talk I developed titled “The Role of Real Estate in Organizational Culture.” I have now given this talk to the Society of…
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When I was an economics major at the University of California, Santa Barbara, I remember my first introduction to the concept of risk and return. A simple graph presented in Econ 101 represented the potential for increasing returns commensurate with increasing risk, up and to the right as far as your nerves can handle it. And down to the left,…
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Thursday, April 16th began and ended with webinars. That may be true for a lot of folks in this work-from-home twilight zone episode we are all living through. But for me, the stark contrast between the projections and predictions of these two senior commercial real estate industry professionals was striking. In the morning I listened to David Marino, Executive Vice President…