Distress and Opportunities in the Southern California Office, Industrial and Biotech Lab Markets

Join us for a compelling presentation by renowned industry expert David Marino, who will uncover the unprecedented freefall of office, industrial, and biotech lab markets in Southern California and across the nation.

In this must-attend speaking engagement, David will reveal:

• Why the industry’s reliance on vacancy rates misleads landlords, investors, and lenders, fueling overpayment and overdevelopment during demand surges—and why availability rates are the key metric to watch.
• The dramatic rise in office sublease space over the past five years, eroding landlords’ pricing power.
• The record-breaking surge in industrial sublease space, accelerated by tariffs crippling Southern California’s industrial sector.
• How multi-family developers are seizing opportunities by purchasing and demolishing distressed office buildings, bypassing conversions, and what this means for SoCal and major metro areas.

SPEAKER

DAVID MARINO, HUGHES MARINO

Senior Executive Managing Director and Co-Founder

David Marino is senior executive managing director and co-founder of Hughes Marino, a global corporate real estate advisory firm that exclusively represents tenants and buyers in their lease and purchase transactions of commercial space. David has been representing commercial real estate tenants with their headquarters/office, distribution/manufacturing and mission critical research operations since 1991.  From 1989 to 1991, David was with the San Diego office of Trammell Crow Company, where he was an in-house leasing agent for the suburban office and industrial group.

David has completed over 25,000,000 square feet of projects, comprised of over 3,000 transactions. David represents clients in San Diego, Orange County, Los Angeles, the Inland Empire, and also represents many Southern California-based clients on a national basis. He is an expert in the strategic planning, market assessment, financial analysis, business terms structuring and negotiations aspects of commercial real estate. David is a writer for Forbes.com, and has authored the Hughes Marino office, market and lab market updates for over two decades. David has been a featured speaker at dozens of industry events, including the graduate schools at USC, USD, and the University of Washington, and is considered to be a regional thought leader on commercial real estate and corporate use of space. David has an in-depth command of the entire facility lease, purchase and disposition process, and is well versed in areas of space planning, design and construction issues.

Education

• University of Southern California, MBA with emphasis in real estate & finance
• University of California, Riverside, B.S. in economics
• California Department of Real Estate Licensed Broker
  • Broker License #01059021