Author: Hughes Marino
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The Office Market Has Bottomed Out
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The office market has normalized, and both tenants and landlords can now look ahead to see what the future holds. In most office markets, the majority of pre-2020 leases have expired, whereby tenants have been able to resize and reset their footprint to their new hybrid and remote specifications. While there are still some large…
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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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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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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…
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While you cannot open a business periodical without reading an article about the meltdown of office space throughout the United States, which we forecasted would occur back in the Summer of 2020, no one is talking about the slide of industrial real estate nationally… until now… and as a business owner or executive running a manufacturing, research or distribution company,…