(Newswire.net — October 27, 2021) —
Jason Hughes and his San Diego-based Hughes Marino team are workplace winners and—with eight offices spanning LA to New York— are commercial real estate industry heavyweights, which is why they have plenty of useful professional advice to share on the Hughes Marino blog. Real estate investors and other industry players have been logging on to the well-curated blog ever since its inception in the spring of 2011. Hughes Marino has covered news on commercial real estate trends, the company’s expansion, and efforts to help commercial tenants during the pandemic. And there are also big-picture takeaways for professionals of all stripes, including tips for creating an ideal workplace and content on team-building, motivational content, and culture consultancy. Still, among the dozens of posts, there are a few reader favorites. It seems the internet can’t get enough of these seven Hughes Marino blogs.
1. Jason Hughes and Hughes Marino reveal benefits of restructuring commercial leases in San Diego—and across U.S.
At the beginning of 2021, Hughes Marino revealed three factors that must be in place for a lease restructure to reduce a tenant’s rent expense. These factors include a market decline, two years or less left on a remaining lease term, and the tenant’s credit. Landlords typically adjust the rent to the current market, but clearly, there are more nuanced factors to consider—much to the tenant’s benefit. In San Diego and in cities nationwide, Jason Hughes and Hughes Marino specialize in representing tenants and are highly skilled in restructuring commercial leases.
2. How Jason Hughes and Hughes Marino in San Diego use culture to shape a company
Fortune, Entrepreneur, and Inc. have recognized Hughes Marino for its outstanding culture. The company is also continually approached to share its workplace strategy and culture consulting. Here are five ways design and culture influenced Hughes Marino:
1. Adding a Touch of Home to the Workplace
Fresh flowers, plush couches, and iconic books can transform a workspace from drab to fab, and Hughes Marino offers plenty of homey touches in its offices to make their spaces feel like cozy homes away from home.
2. Vibrant Art The Art of the Matter
Jason Hughes and the Hughes Marino team energize their workspace with bold art pieces that inspire and ignite the imagination. Each Hughes Marino office features a colorful oversized piece by Belgian artist Anja Van Herle. Fun fact – Steven Tyler, Paula Abdul, Brian Wilson, David Guetta, and Warren Beatty are also collectors of Van Herle’s work.
3. Playful Décor That Says More
The Hughes Marino brand is all about expressing individuality and creating a
custom experience for clients. Playful office décor such as accent pieces
and whimsical lighting fixtures can reflect that.
4. Jason Hughes Sticks to Core Values
Jason Hughes and Hughes Marino developed the company’s core values
at its San Diego headquarters, and it has been a staple throughout the company’s locations.
5. Emphasis on Proactive Communication Is a Fixation
Maintaining constant communication is a mainstay of Jason Hughes and everyone at Hughes Marino. Team members are encouraged to share ideas and solve challenges together.
3. Jason Hughes’ San Diego team explains the role of culture in real estate
In this blog post, Hughes Marino’s Senior Vice President John Jarvis highlighted his speech called “The Role of Real Estate in Organizational Culture.” In it, Jarvis focused on company culture and how the true essence of any team reveals itself in a crisis. Real estate fits into organizational culture in three ways: function, inspiration, and authenticity. Functional spaces produce big results. Is the space comfortable and inviting for the needs of employees and clients? At Hughes Marino, the phrase “Enjoy The Journey” is frequently shared, and this is reflected not only companywide, but also in projects and activities. Real estate should be inspiring and authentic, according to Jarvis. He believes authenticity should exist at the heart of every deal. As people gather together again despite the ongoing pandemic, the role of real estate in organizational culture remains as vital as it has always been.
4. Are subleases worth the risk?
With so many employees continuing to work from home throughout the United States, the pandemic has left many companies with excess office space and the question of whether or not to sublease that space. Recommendations for the sublessor include a pricing strategy of at least 20% below the landlord’s asking price for comparable space, and an understanding of the prospective sublessee’s credit, business, and intended use for the space. Hughes Marino offers some additional advice on security deposits and furniture and what to do if the sublessor runs into further issues during the term and defaults on the lease itself.
5. Analyzing the gamble of commercial real estate in San Diego and across the U.S.
Commercial real estate is competitive, and the days of risk and return appear to be back. Jason Hughes’ Hughes Marino blog advises commercial property owners to focus on occupancy rather than the all-important financial returns.
Commercial property owners who are not saddled with debt should be able to survive this crisis. “The key is to quickly accept the new reality,” Jarvis wrote in the blog post. “Landlords need to steel themselves for hard times in the near term and sign new deals at these lower rates, with shorter lease terms, and less-than-bulletproof security.”
6. Jason Hughes’ San Diego team insight: Be like Bandy!
This charming blog post about a Hughes Marino employee’s three-legged rescue dog, Bandy, is a daily reminder of the priceless power of attitude and gratitude. Bandy was stuck inside a crate and ejected from a car during a rollover, and lost a hind leg as a result. The pooch was later fitted with a doggy wheelchair and is now thriving with his new family. Bandy is living proof that when life gets ruff, keep going!
7. What industrial companies need to know when renewing a warehouse lease
As companies across America continue to face unprecedented challenges, negotiating warehouse space has never been more vital—a fact that Jason Hughes and the Hughes Marino team know well. Companies need to ask themselves if moving is an option. Consider the bigger picture. Where will the business be in 10 years? Executing a clear real estate strategy is the key to a business’ future, especially in these turbulent times.