Hughes Marino: Lease Administration Is Difficult — Leave It to the Pros

If you’re an executive at a business that leases or owns ancillary real estate holdings, the last thing you want to deal with are the complexities of that industry. You might have human-resource matters, inventory issues or other complexities to worry about other than lease administration.

Our friends at San Diego-based commercial real estate services firm Hughes Marino point out that outsourcing might save an executive some money in the long run if they don’t take on those tasks themselves. In some cases, it has saved firms more than $40,000 per year.