MIAMI—Columbia Residential knows all aboutadaptive reuse projects. The company hasundertaken several challenging prospects, including the ImperialHotel in Downtown Atlanta. caught up with Jim Grauley,president and COO of Columbia, to his insights on when theadaptive reuse strategy works, why it works betterin some markets than other, and some of the biggest challenges hesees with the strategy. Click here to read part one of this exclusiveinterview if you missed it. When does the adaptive reuse strategywork? When does it not work? What factors help you decide whetherto pursue the opportunity?

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