Michael Fenley

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    The VA3 data center is a 245,000-square-foot facility with 16 megawatts of critical power immediately available. NTT Communications, parent company of RagingWire, invested more than $160 million in the new property.

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  • Retail Investment Trends to Watch in 2018

    While some markets are stronger than others, the new Marcus & Millichap report points to general trends such as rising consumer confidence levels, the potential for higher wages and changes in the tax law that could play a role in shaping the economy and retail demand in 2018.

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  • Marijuana Laws Slowly Impact Industrial CRE

    As more and more states legalize the medical and/or recreational use of marijuana, demand for cultivation/grow facilities is on the rise, spurring the repurposing of distribution and warehouse properties to accommodate the budding business.

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  • San Jose Office Portfolio Changes Hands for $128M

    The portfolio includes two office towers totaling 411,544 square feet in downtown San Jose. A joint venture between Harvest Properties and Invesco sold the assets.

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