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NEWARK, NJ—What began as a temporary pop-up gallery has been transformed into a permanent arts hub in one of Newark's landmark office complexes. With the support of C&K Properties, The Gateway Project will expand from an exhibition space to a permanent 25,000 square foot facility in 2 Gateway that includes sixty rentable artist studios, an artist residency program, and a gallery space.
PHILADELPHIA, PA–Rosemont Realty has renewed its lease with The Board of Pensions of the Presbyterian Church (USA) at 2000 Market Street, where the Board has been headquartered since 1996.
LINDEN, NJ—Kelco Industries/C&C Cola has signed a long-term lease for industrial space at 301 Pleasant Avenue in Linden, NJ, a new class A, 144,000-square-foot industrial facility. Bussel Realty Corporation brokered the transaction.
MIAMI—Last year, a Bloomberg article suggested that homebuyers avoiding chores is fueling a condo-hotel revival in the United States. Newgard Development Group and Merrimac Ventures are getting in on the revival.
MINNEAPOLIS—The ACA has made it imperative for healthcare providers to build more retail-like facilities, and Opus, one of the nation's better-known developers, sees opportunities.
LOS ANGELES—CBRE's annual Investor Intentions Survey also found that a solid majority of industry players plan to go out further on the risk spectrum this year.