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Sale June 2008
Gelt Properties sells the OKAP Building in Hammonton, New Jersey.

New Purchase
Gelt Properties purchases a 90,000 square foot shopping center in Charlotte, North Carolina.


At Gelt Properties, LLC, our goal is to acquire and reposition undervalued commercial real estate. The properties should be those to which value can be created by the assumption of development risk, lease-up risk, market repositioning, property rehabilitation or change of purpose. Properties should also have income growth potential. We believe that we have the perfect combination of real estate management, renovation, fit-out, legal and financial experience to maximize our potential on target properties.

We generally invest in properties that are within a 2-hour drive of our Philadelphia area office. However, we currently own and will acquire properties outside of our core area, if a good enough opportunity presents itself.

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