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The Boston Globe

Theater & art

Fort Point artists going from tenants to owners

There were cheers and champagne in the lobby of Midway Studios as the news was delivered with a flourish, a black cloth pulled from a board to reveal a message: “We won the bid!”

Keen Development this week agreed to sell Midway Studios, a 200,000-square-foot building in Fort Point, to the residents for $20 million. Midway includes 89 artist studios, a gym, and commercial spaces.

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