UT: Real Estate Advisory Firm Hughes Marino Opens Its Newest Office in Salt Lake City | Trade and Industry Development

UT: Real Estate Advisory Firm Hughes Marino Opens Its Newest Office in Salt Lake City

Mar 12, 2024

Hughes Marino, a global corporate real estate advisory firm that specializes in representing tenants and buyers, is proud to announce its latest office opening in Salt Lake City, Utah. With offices in multiple cities across the U.S., and growing its team by 8x in less than 10 years, Hughes Marino continues to expand its services to tenants and owner users across the country.

“With the vibrant business scene in Salt Lake City, including the recent growth of the financial technology and life science industries, we’re excited to bring our unparalleled tenant services to the region,” says Jason Hughes, founder of Hughes Marino. “No other commercial real estate firm does what we do, the way we do it. We’re looking forward to bringing this level of service to companies in the Salt Lake City area. We’ve been helping clients that are based in the greater Salt Lake region for decades, including Zions Bank and others, and we’re thrilled to build an outstanding local team in the region to help all companies with their real estate needs as well.”

Tapped to lead Hughes Marino’s expansion into Salt Lake City is Executive Vice President Lora Munson, an expert in the office, industrial and life science sectors, with decades of commercial real estate experience in the region.

“Hughes Marino is a company that shares my personal values and goals in terms of providing a bespoke level of service to clients,” says Munson. “I was drawn to the ‘tenant only’ specialization because I believe tenants are often underdogs in this industry and I’ve always enjoyed being a champion of the underdog. Tenants need someone knowledgeable about all the intricacies of these complex transactions to advocate for them, to ensure they get every benefit and opportunity possible. That’s what Hughes Marino is all about.”

“We feel incredibly fortunate to have Lora founding our Salt Lake City office,” says Shay Hughes, president & COO of Hughes Marino. “Not only will she be heading up our first woman-led office in the country, but she brings decades of success, is incredibly accomplished, embodies our core values and shares our one-of-a-kind service philosophy.”

As a commercial real estate firm that specializes in representing tenants and buyers, Hughes Marino provides a level of service that is unmatched in North America. Because they do not primarily represent landlords, there is no conflict of interest, meaning their advisors are dedicated to negotiating the absolute best outcome for clients. The service is not limited to the transaction, however. Hughes Marino offers an end-to-end package of offerings for all aspects of commercial real estate. This vertical integration includes construction management, portfolio lease administration and advisory, planning and design, capital markets, corporate finance advisory and culture consulting.

“I’m honored to bring this comprehensive level of service to the commercial real estate industry here in Salt Lake City. Our team of corporate real estate advisors, subject matter experts and operational support is eager to show clients what it really means to have a full-service experience in helping them secure the ideal real estate solution for their business,” Munson adds.

The Hughes Marino Salt Lake City office is located at Union Park Center in Midvale, centrally located in the Salt Lake City metropolitan area. Complete with panoramic views of Utah’s scenic Salt Lake Valley, hundreds of nearby restaurants, immediate freeway access and an office design that showcases Hughes Marino’s signature warm, modern design, the office is the perfect “home away from home” for their newest team. The founding team will begin with an initial six members, but the company anticipates doubling in the near future.

Recognized by Fortune magazine as the #1 Best Workplace in the Nation, Hughes Marino focuses on making its offices an enjoyable place for their team with open layouts, gourmet kitchens, stylish furnishings and state-of-the-art AV-equipped meeting rooms. Plus, each office reflects the signature style of the city where it’s located, whether that be Dallas, Boston, Denver or any one of the several cities up and down the West Coast.

Future growth for Hughes Marino is always in development, depending on opportunity.

“When we meet a successful corporate real estate advisor in a city or region that’s a dynamic market like Salt Lake City,” says Jason Hughes, “we go through a process to ensure that they know what we’re all about, and we explore if they are a similarly high-caliber individual aligned with our existing team. If the city is a good fit, and we’re convinced we have a top-level professional who can provide the leadership and exceptional service that we’ve become known for, we build a team and open. Our Salt Lake City office is the perfect example of our next chapter of expansion.”

(Click to Expand)