Mike Morgan

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    The 640,000-square-foot property—completed in 1971—lowered its electrical consumption by 21 percent since 1998. Additionally, sustainability features include a water reduction of 3.7 million gallons annually since 2010.

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  • Supervalu Announces Strategic Shift

    The company has completed the sale and leaseback of seven of its distribution centers as part of a plan to transition away from the responsibilities of running traditional retail grocery stores.

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  • Clarius Trades Phoenix Industrial Property

    The two-building asset opened in 2017 and contains nearly 200,000 square feet. The structures are 71 percent leased to four tenants.

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  • Hudson Pacific JV Pays $291M for Iconic SF Building

    The Los Angeles-based company teamed up with Allianz Real Estate to acquire the Ferry Building, which offers roughly 200,000 square feet of office and an additional 75,000 square feet of retail.

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  • Economy Watch: Construction Spending Gains Ground

    April saw a 1.8 percent month-over-month increase in construction spending, at an annualized rate of more than $1.3 trillion, according to the U.S. Census Bureau.

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