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The Power of Persistence
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“I know what you’re thinking, how the heck does a 52-year-old, over-the-hill, milkshake machine salesman build a fast food empire with 1,600 restaurants and an annual revenue of seven hundred million dollars? One word: persistence. Nothing in the world can take the place of persistence. Talent won’t; nothing more common today that unsuccessful men with…
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As a commercial real estate broker, sometimes I feel like I am haggling over pennies. When rental rates are quoted on a monthly basis, we can be negotiating for days over $.05 per square foot! Are we crazy? Is this sheer lunacy? It sure doesn’t sound like a lot of money when it is put in these terms. But it…
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It should come as no surprise that the internet is one of the most widely used tools for searching for real estate. Companies like Zillow have secured real estate’s foothold on internet search patterns and consumers are usually better off for it. What is less understood is how companies use the internet to aid them in their corporate real estate…
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Since 2008 the conversations taking place in economics, politics, and media have primarily focused on the global recession and, more specifically, dismal unemployment rates. For this reason it can be difficult to think about signs pointing to an approaching workforce deficit as an actual concern. However, organizations from Stanford University to Kelly Services all agree that the data suggest highly…
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For over a century, commercial real estate brokers have had their familiar “For Lease” signs on buildings, marketing vacant space for building owners. Even deeper in their service offering to landlords, these firms manage the buildings, help with financing, co-invest in the real estate (and often own the real estate themselves) and advise property owners in the purchasing and selling…
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When Kim Salzer, CEO of Gifts.com tasked Hughes Marino with helping her find new space for her LA-based team, she came to us with a very specific vision. “We wanted a space hip enough to fit the sensibilities of our company, and inspiring enough to keep our incredible team happy and comfortable at work,” Kim said.
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A real estate lease is often one of the largest recurring, fixed expenses for any business. Adding insult to injury, most leases provide for the rent to increase every year so that, even if the starting rent was reasonable, it often ends up being above market by the end of the lease term.
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Earlier this month I hosted a presentation with representatives from Gensler, the global design and architecture firm, focusing on workplace trends and the ways corporate interiors are being used to drive productivity and culture. Joining me on the panel were Kevin Heinly, Managing Director of Gensler’s San Diego Office, and Claudia Salazer, Workplace Design Director for Gensler.