News: Brokerage

Gallina Development Corp. on the forefront of Green Building Initiatives; 1890 & 1892 S. Winton Road Anticipate LEED Silver Certification

Gallina Development Corporation prepare for core and shell LEED Silver Certification for 1890 & 1892 South Winton Rd., in Cambridge Place Business Center. Gallina president, Andrew Gallina, said "Green building practices are here to stay and will only be more prominent in the design of our facilities in the future. We feel strongly that our tenants will not only appreciate our efforts in this area, but will benefit significantly from lower energy costs." Green / sustainable features are: Geo-Thermal Heating Systems: * 1890 South Winton Rd. - 32 wells - 400' deep * 1892 South Winton Rd. - 24 wells - 400' deep * Energy efficient circulation pumps on geo-thermal system * Real time display of operation of geo-thermal system in lobby * Projected energy savings of 25% * Avoids the need for unsightly cooling towers * Energy efficient lighting - T-5 and/or LED Lighting * Preferred parking for energy efficient vehicles * Bicycle rack with common bathroom with shower to promote cycling to work * On site bio-retention ponds to cleanse storm water run-off prior to entering municipal storm water system * Construction waste has been separated into wood, metal and cardboard containers for recycling * Low VOC emitting sealants and adhesives
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Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their