Hughes Marino

At Hughes Marino, we love showcasing spaces that truly reflect a company’s culture and creativity. In our latest Spaces We Love feature, Boston vice presidents Rachel Bliss and Hannah McNeil take us inside Brickyard, a female and artist-owned studio specializing in visual effects, animation and content production. Located in Boston’s historic Leather District, Brickyard’s office is a stunning blend of vintage charm and modern innovation. From exposed brick walls to eclectic one-of-a-kind signage, every corner has been well-thought out, inspiring the incredible work their team produces. It’s easy to see that their space fosters innovation, collaboration and above all else, an amazing culture. We encourage you to check out the full article to see why Brickyard’s office is a Space We Love!

For companies scaling their logistics operations, determining whether to lease or purchase?a?warehouse, or partner with a third-party logistics (3PL) provider is a critical decision that has significant impact on the success of your growth. While in-house warehousing offers greater control,?security?and long-term cost efficiencies, 3PL services provide flexibility, scalability and reduced upfront costs. Each path comes with advantages and trade-offs that are crucial to consider. In our latest article, our team breaks down the key considerations that will help you determine the best path for your business’ operational success. Learn more about how to optimize your logistics growth below.

At Hughes Marino, our culture is not only built upon our core values, but our “HM-isms” as well—phrases and ideas collected over the years that inspire and motivate us daily. These cherished sayings, gathered from our team, our coaches and our friends, serve as reminders to grow both personally and professionally. This year, we’re highlighting a few of our favorite HM-isms, starting with “1 Percent Better,” from James Clear’s Atomic Habits. It’s a powerful reminder that small, consistent improvements each day can lead to remarkable results over time. We encourage you to learn more about how our HM-isms have helped shape our culture, and how your team too can become 1 Percent Better each day!

As corporate real estate advisors, providing education and awareness to professional communities is an important function of the work we do. Hughes Marino Boston vice presidents Hannah McNeil and Rachel Bliss recently presented at Massachusetts Continuing Legal Education, Inc. (MCLE│New England)’s 27th Annual Real Estate Law Conference, sharing key insights in?2024’s market trends, their predictions for 2025, and best practices for occupiers navigating the evolving real estate law environment. Rachel and Hannah shared that, “Understanding the current state and future outlook of the commercial real estate market is crucial for legal professionals advising clients on transactions and risk management. By sharing key insights at the annual real estate MCLE conference, we were able to help empower attorneys with the knowledge they need to navigate market shifts, anticipate legal challenges and provide strategic counsel in an evolving landscape.” We’re proud to contribute to these important conversations and support our professional communities across each of our markets. Way to go, Rachel and Hannah!

Landlord billing errors are more common than you may think, and could be costing you thousands of dollars. Lease auditing isn’t just an accounting function, it’s a real estate strategy that requires expert insight. The right tenant representation team can help you uncover and even recover unnecessary charges, often with no upfront costs. In his latest article, Hughes Marino executive managing director, Scot Ginsburg, shares five of the most commonly missed errors that he and the Lease Audit and Administration team at Hughes Marino see in tenant leases. Learn more in Scot’s article below!

The industrial market is becoming the tenants’?market that we forecasted it would back in 2023. After 2020-2022’s record low availability and soaring rents, availability has surged since by 50%-100% in most metro areas, and even tripled in formerly tightest markets in Southern California. With over 252 million SF of space currently available for sublease, and availability rates that have gone back above pre-Covid levels, tenants have more leverage than they’ve had in years past. Yet, many institutional landlords are holding firm to their 2022 asking rates, with private owners making aggressive deals. We encourage you to learn more in our team’s latest industrial market report to appreciate how 2025 is rapidly turning into the best tenants’?market we’ve seen in five years.

After?four?years of rising office availability rates, 2024?marked the first time that?some?U.S. markets showed signs of?hitting bottom. While?all?cities face high?availability?levels,?markets?like?Orange County, Dallas, Houston and San Francisco, have seen availability?slightly?decrease, suggesting that we may be?hitting equilibrium in the coming year. ? With major companies solidifying their return-to-office policies,?it has not made a material impact on new office space demand, and?2025 is?still very favorable?for?office?tenants. Whether you’re renewing, relocating or rightsizing, understanding?the dynamics of your actual submarket is crucial. We encourage you to learn more in our team’s latest office market report.

Our Hughes Marino team not only consists of award-winning advisors, but?some?extreme athletes as well. Their hustle both in and out of the office is admirable, and can be best described by one of our favorite Kobe Bryant quotes, “Never wing anything.” Seattle executive managing director, Owen Rice, has been participating in Nordic races for years, and has prepared, trained and competed time and time again, most recently in Sun Valley, ID and Winthrop, WA. Denver senior managing director, Riley Hillis and Seattle managing director, Derek Pedersen trained tirelessly and planned for a snowy 26-mile run on Orcas Island, WA, covering over 6,500 feet of vertical gain. No matter the sport, one thing our team members have in common is their dedication to preparation and strategic planning. Never winging anything, always approaching their craft ready to win. Onward!

In celebration of Hughes Marino’s 14th?year anniversary, our offices across the country showed off the latest and greatest HM gear! We’re proud to celebrate another year of Hughes Marino alongside our incredible team members from coast to coast. Onward!

Failing to adequately plan ahead and prepare for a lease renewal can result in long-term costs for your company. Often, tenants avoid being proactive in their lease negotiations, not being able to sufficiently obtain enough leverage until it’s too late. In his latest article, Hughes Marino executive managing director, Scot Ginsburg, shares the six most common lease renewal and negotiating mistakes he has seen over his 25+ year career representing tenants. Learn more in Scot’s article below!