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    Fundraising for the sector fell in 2016 due to the combination of impending regulatory changes and lackluster performance, notes Yardi Matrix Associate Director of Research Paul Fiorilla. The sector must continue to lower fees and improve liquidity to attract new investors.

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    The drop in Dodge Data & Analytics' Dodge Momentum Index for the month was due to a 6.6 percent decline in the institutional component, while the commercial component fell 1.1 percent.

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    Bethany Perez, Chad Barrett and Bart Matheney of AQUILA represented the landlord, while CBRE’s Nate Stricklen, Erin Morales and Kellly Woodruff worked on behalf of the tenant in the lease negotiations.

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