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In the past three years, nearly 8 million square feet of office space has been built in the Valley and nearly 75 percent of that construction has been for office condominiums, according to a recent study. To capture that much market share looks impressive on the surface, but the assessment by Kammrath & Associates, a Phoenix-based commercial real estate analysis firm, isn’t particularly good. According to the report, “it may be a bit early to hold a memorial service for office condominiums, but there are signs pointing in that direction.” More…