HM Blog
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UTC Office Market Update: Office Finds a New Normal, The Fall of Eastgate and The Impact of Incoming Residential
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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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Much like in sports, when it comes to growing a business, there’s no denying the ultimate goal is to win, whether that means winning a championship ring or achieving a high ROI for your investors. While winning on any front demands unmatched grit, discipline and drive from every individual on the team, it also requires a high level of nurturance…
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Business strategist, author and long-time Hughes Marino coach Joe Calloway recently sat down with our team for a Q&A that left us inspired and wanting to share his wisdom with our clients and friends. Centered around one of many of Calloway’s books, Becoming a Category of One— which is also a favorite read of ours—we discussed the timeless principles for…
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We work with business leaders every week that are navigating the critical inflection point of scaling their logistics operations. Whether it’s an e-commerce brand looking to optimize fulfillment, a manufacturer expanding distribution or a retailer managing inventory across multiple markets, one of the biggest decisions they face is whether to lease/buy and operate their own warehouse, or outsource warehousing and…
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It isn’t uncommon for a company to have core values, but at Hughes Marino, we take inspiration a step further with “HM-isms”—meaningful phrases that we’ve collected over the years from our teammates themselves and from positive influences from leaders around the world. These HM-isms are designed to inspire, motivate and provide valuable life lessons across all aspects of our days,…
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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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When we founded Hughes Marino 14 years ago, we had already spent 20+ years in the commercial real estate industry and recognized that there had to be a better way to help companies with their space. This realization led us to another question: If we could reimagine our own industry, what would it look like? This quest set us on…
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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 […]
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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…