HM Blog
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Five Mistakes Medical Office Tenants Make in Commercial Leases
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Medical office tenants are one of the most underrepresented category of commercial real estate tenant in the United States, often representing themselves, working with the landlord directly or the landlord’s broker as a “dual agent.” Working with leases once every 5-10 years, busily managing their medical practice, and having the feeling of few choices and…
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Five and a half years post-Covid, and the trauma of remote and hybrid working on the national office market has become fully developed and realized. Across the country, record high inventories of office sublease space came on the market, and in many major U.S. cities, availability rates have increased by more than 50% above their […]
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How We Got Here If you are a business owner or executive team member operating a San Diego County industrial distribution or manufacturing company, you’re probably still reeling from the run-up of industrial rents from 2020 through 2023. The outbreak of Covid in the second quarter of 2020 created a run on industrial real estate […]
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Five years post-Covid and it appears that the bulk of the damage has already been done to the San Diego regional office market. Companies adjusted to their new normal by implementing hybrid and remote schedules, and most tenant leases already expired where companies have had the opportunity to reset their footprint accordingly. Despite this, there’s […]
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There’s no question that the market has shifted, and the numbers prove it. The Mission Valley office market ended 2024 with a 25.6% availability rate, and year to date (YTD) is currently 22.5%—a notable 3% drop in just seven months, but it’s not the recovery it appears to be. Two key events account for this […]
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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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Commercial real estate is an inefficient marketplace. It is also a bit of a relic, unchanged in the last hundred years and largely dominated by landlords and their brokers, which has resulted in an industry where long-term, loyal, repeat customers are repeatedly expected to pay a premium. I call it a loyalty premium. The mechanism for this is the renewal…
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It is my pleasure to serve on the Board of Advisors for YMCA Overnight Camps, where we oversee three great year-round resident camps: Camp Surf, Camp Marston and Raintree Ranch. It was in a conversation about Raintree Ranch, a camp where kids learn to ride and care for horses, where I learned something interesting. A dominant stallion will typically lead…
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As a firm that specializes in representing tenants and owner/users of commercial real estate, we spend every day protecting the interests of companies. That singular focus gives us a real edge, especially in moments like this when the market is shifting quickly.
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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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How can we identify what is wasteful of our time and resources? This seems to be the pertinent question that is top of mind for every business leader, especially today, as efficiency and costs are under the microscope. As a company leader who also happens to work within commercial real estate, I have conversations surrounding this question with other executives…