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LOS ANGELES—Malls will continue to survive so long as they are “reborn” with tenant mixes and uses that are relevant and resonate with a discriminating public.
WILMINGTON, DE—The Delaware College of Art and Design is undertaking expansion initiatives involving enhanced studio and classroom space as well as student housing.
PIKESVILLE, MD— FutureCare Health and Management Corp. of Pasadena, MD has acquired the Courtland Gardens Nursing & Rehabilitation Center for $8.1 million from LifeBridge Health.
ATLANTIC CITY, NJ—One option being considered by state political leaders to turn around Atlantic City's fortunes is to create a non-profit development corporation that would help formulate new development projects here.
MOUNT LAUREL, NJ—Paramount Realty has sold the Village at Cambridge rossing, at the intersection of Route 38 and Interstate 295 in Mt. Laurel, NJ, to Cornerstone Real Estate Advisers for $41.7 million.
NORTH BERGEN, NJ—The recently completed transformation of a 300,000-square-foot former Liz Claiborne, Inc. headquarters building in North Bergen is drawing the attention of the brokerage and business communities, according to Cushman & Wakefield's Curtis Foster. Real Capital Solutions, which purchased the property at 5901 West Side Ave. in 2013, has made substantial investments into phase one and two to repurpose it as a modern, multi-tenant property.