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GREAT POINT STUDIOS AND THE NEW JERSEY PERFORMING ARTS CENTER PARTNER WITH LIONSGATE TO OPEN 12 ACRE TV AND FILM COMPLEX IN NEWARK, NEW JERSEY

NJPAC, Lionsgate to open Newark film complex in 2024

NJPAC, Lionsgate to open Newark film complex in 2024
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RC Andersen Construction to join the STO Building Group

STO adds industrial contractor RC Andersen to platform

Tenant line-up likely to change as traditional retailers close stores

And office buildings   well, it’s not yet clear what will happen to them. Changes in the retail sector are already underway, said Hemo, whose firm has offices in Cherry Hill and Philadelphia. “We are seeing uses that have traditionally occupied office spaces now interested in retail spaces,” he observed. “Service industries, such as insurance brokers, medical/dental offices, and specialty pharmacies are taking advantage of the street frontage, high visibility, and foot traffic that many of these centers offer,” Hemo added. As one sign of the shift, Gopuff  a firm that delivers food, drink and household needs  wants to open a “micro-fulfillment” center in a former Kmart at the Brooklawn Shopping Center.

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