HM Blog
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What Your Landlord Knows (That You Need to Know)
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By Jack Riazzi Something happened recently that we couldn’t ignore. Two of our advisors, Jack Riazzi, senior vice president in Charlotte, and John Jarvis, managing director in San Diego, sat down within weeks of each other and independently wrote nearly the same warning to tenants. They never compared notes. They landed on nearly the same…
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By John Jarvis Something happened recently that we couldn’t ignore. Two of our advisors, John Jarvis, managing director in San Diego, and Jack Riazzi, senior vice president in Charlotte, sat down within weeks of each other and independently wrote nearly the same warning to tenants. They never compared notes. They landed on nearly the same title. That kind of coincidence…
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The San Diego regional industrial market has become very tenant-favorable post-Covid, as supply and demand conditions for industrial space have shifted such that availability rates around the region have spiked in the last two years. Much of this availability spike is based on speculative over-development of industrial buildings built from 2020 to 2024 to support the surge of online consumer…
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The San Diego regional office market has entered a new normal 6.5 years post-Covid, as employers and employees have permanently settled into the new in-person, hybrid and remote work conditions. The result on office demand and market conditions has also then fallen into equilibrium conditions. When compared to the nation, San Diego is generally healthier than most major U.S. markets…
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The commercial real estate market is the softest it has been in decades. For companies that occupy office, industrial or lab space, these conditions only cycle in about once a decade, so it’s the right time to be proactive about your lease even if you have a year or more left. Across nearly every market in the country, there is…
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Ask most business leaders what drives growth and you’ll hear about market timing, strategy and execution. At Hughes Marino, the answer has always been simpler, yet much harder to replicate: people and culture. From day one with our first office to fifteen years later and the expansion across 15+ cities nationwide, that belief has never wavered. Build the right team,…
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How Tenants Can Right-Size, Redesign & Renegotiate for 2026 Most tenants signed their current lease before hybrid work became more common. Now, companies across industries are sitting in offices designed for five days a week, paying for space that often sits partially empty. This guide covers how to assess what you actually need, design for the way people work today…
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Expanding your office in 2026 requires more than just extra square footage. It calls for data-driven decisions, flexible negotiations and strategic foresight. Market conditions are shifting, hybrid work is evolving and build-out costs remain volatile. This checklist distills industry best practices, negotiation strategies and key financial insights to help commercial tenants execute expansion plans with confidence. Whether you’re adding adjacent…
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A commercial lease is one of the largest financial commitments your business will make. Unlike investors who can refinance or sell, tenants are bound to the terms they sign, often for five to ten years. The steps below are written specifically for tenants: companies leasing office, industrial, lab or flex space for their own operations. Each one is designed to…
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Because now is a great time to be a tenant By John Jarvis I am often asked about where we are today in the commercial real estate market cycle. We can’t trust the headlines, when one headline suggests that the market is suddenly tight again as a result of AI leasing demand, while another headline laments the demise of our…
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As 2026 unfolds, the commercial real estate landscape is undergoing one of its most strategic shifts in a decade. Companies reassessing their real estate portfolios are turning to buyouts as tools for flexibility, capital optimization and risk realignment. A commercial real estate buyout, where a party acquires an ownership stake or assumes a lease position to unlock value or exit…