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1972 – 50 years of service to the commercial industrial retail real estate industry – 2022.


January 15, 2016

The property tax initiative noted above is referred to as the “Collis” initiative after one of its primary proponents. The measure would create a sliding scale property tax surcharge on all properties (commercial and residential) assessed at more than $3 million. The increased taxes are dedicated to fund “poverty reduction programs.” So far, the initiative has collected about 25% of the signatures it needs to qualify and has until March 21, 2016, to collected the required 585,407 signatures needed. This initiative is becoming a reality that out industry must be prepared for.

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