Michael Magliano

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    Somerset Development is transforming the two million-square-foot property into an indoor “downtown area” with retail on the ground floor, office and hotel on the upper floors, as well as single-family and townhomes.

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    The company already has 99 MW available in Santa Clara, across 17 facilities. A new one will be added at 3205 Alfred St., with an estimated investment price of $75 million.

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  • Blackstone Affiliate Sells UT Retail Center for $33M

    Newmark Knight Frank has completed the sale of Red Rock Commons, a 134,152-square-foot retail center in St. George, on behalf of Shopcore.

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  • C&W Negotiates Leases at Miami Tower

    The team of Brian Gale, Andrew Trench, Ryan Holtzman and Jeannette Mendoza worked on behalf of owner L&B Institutional Fund in securing the leases.

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  • Reducing Energy Consumption in CRE: ULI Report

    The Urban Land Institute's Greenprint Center for Building Performance just released Volume 8 of the Greenprint Performance Report, which indicates that commercial building owners and managers are making significant progress in decreasing energy consumption, water usage and carbon emissions.

    20 November 2017 13:01