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    Originally built as a grocery-anchored center in 1984, the 163,412-square-foot retail center is home to a variety of tenants including Vasa Fitness, a UPS Store and Arc Thrift.

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  • Economy Watch: How New Immigration Policies Would Impact CRE

    Legislation revising the RAISE Act is set to significantly impact commercial real estate and corporate occupancy, both of which heavily rely on the changing dynamics of the labor market.

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    CIM Group formed a joint venture with data center builder fifteenfortyseven Critical Systems Realty to acquire a 7.3-acre property. The partners will build the first San Francisco data center in more than a decade.

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    The 128,240-square-foot facility offers value-add opportunities, adjacent to a thoroughfare that is part of Phoenix’s $84 million Avenida Rio Salado street improvement project.

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  • DC Office Building Trades, Seeks Rebranding

    In a deal brokered by Newmark Knight Frank, American Real Estate Partners paid $64.2 million for the 192,000-square-foot office asset located in the NoMad submarket of Washington, D.C.

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