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Office building renovations aim to reposition 'stale' properties

from Building Operating Management

When a new owner took over two commercial properties in Princeton, New Jersey, the investment strategy was to reposition those office buildings with base building upgrades and renovations to tenant spaces. The goal, says Ron Fallivene, a project manager for Normandy Real Estate Partners, "was to enhance the experience of our tenants by refreshing and improving the aesthetics and increase the energy efficiency of the buildings." more

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