Downtown Dirt

The Inside View from Jason Hughes

Icarus vs. Downtown Landlords—Who Will Fall Hardest?

on August 01, 2019

It’s no secret that office rental rates have been going up for some time. But the pace lately has been unprecedented. There are many reasons for the push. Some buildings have sold into a buyer’s frenzy–with new investors having to artificially budget ridiculous rent growth in order to underwrite their winning bid. Others are riding the wave of rental spikes seen around the country.

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About this Author

Jason Hughes

Jason Hughes is chairman and CEO of Hughes Marino, an industry-leading commercial real estate firm that exclusively represents tenants and buyers. Jason has written well over 100 articles, is a real estate resource for the Wall Street Journal, and has been profiled in dozens of local and regional publications. Jason is a pioneer in the field of tenant representation, and has been a vocal advocate for the interests of commercial tenants for more than two decades.

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