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DocuSign Envelope ID:CE42193E-DEC3-438B-8214-C3DA7BEAA226 <br /> Do you occupy FRANK Gallery is located in University Place, Chapel Hill in a purpose <br /> physical space? built space designed for a previous gallery by Philip Szostak, <br /> architect of DPAC. FRANK Gallery moved to our current space at the <br /> end of 2018 after functioning for 8 years on East Franklin Street, <br /> motivated by the promise of a lower rent with more parking and foot <br /> traffic. Although our current space is smaller than our original gallery <br /> its elevated ceilings and contemporary design make for a better <br /> display space. The loss of our larger original space where we <br /> displayed both the work of local artists and community groups led us <br /> to open the Community Gallery at University Place where we <br /> displayed the work of many local nonprofit arts groups. In June 2020 <br /> we lost that space to redevelopment. That loss and COVID-19 has <br /> forced us to rethink our community outreach gallery concept <br /> resulting in the creation of online partnerships with our local <br /> nonprofit partners. Essential to the success of FRANK Gallery is its <br /> physical, retail gallery space. The current space allows us to display <br /> the work of our 22 member artists and the work of a wide range of <br /> local and regional artists. Our office and limited storage space are <br /> also at this venue. The gallery is a teaching venue for our Karen <br /> Youth Art Group. We lease the space on an annual basis and have <br /> survived the transfer of University Place to new owners without a rent <br /> increase of our $1608/monthly rent and 6% net commissions. <br />