AUGUST 2023

O wners , D evelopers & M anagers

M id A tlantic Real Estate Journal — Section C

www.marej.com

Steady leasing activity thrives in the work/live/play environment of the campus Gottesman and Mountain Development Corp. achieve full occupancy at 700 and 850 Canal St.

HI-LIGHTS AUGUST 2023 Learn About NJ’s Energy Benchmarking Law and How TAMFORD, CT — On the heels of an active leasing period resulting in full occupancy at 700 and 850 Canal St. in Stamford, joint venture owners Gottes- man Real Estate Partners and Mountain Development Corp. have announced an up- coming, 7,500 s/f opportunity at 700 Canal. The re-purposed mill building and its sister property comprise a distinctive waterfront office campus lo- cated in the heart of Stamford’s vibrant South End district. According to Gottesman’s S

gym, three private bathrooms (one with a shower) and high- grade finishes throughout. It represents the only foreseeable opportunity at the property for at least another year. Tenants at both 700 and 850 Canal St. can enjoy breakfast and lunch at The Granola Bar café, a complimentary bike share program and secure on- site bike storage, high-intensity fitness training at MADabolic, and custom golf lessons at Golftec. 700 Canal is also home to flexible workspace provider Serendipity Labs , which of- fers fully equipped conference, meeting and event spaces on a short-term rental basis. The buildings share a five- story parking garage and pro- vide easy access to The Vil- lage, the high-profile indoor/ outdoor waterfront campus at 860 Canal St. This popular arts and culture destination includes The Wheel, a unique farm-to-table restaurant that

is at the center of The Village's pioneering culinary program, as well as Cisco Brewers’ first Connecticut outpost and a state-of-the-art fitness center. Recent additions at 700 Canal include Mirador Inc., Tower Bay Asset Manage- ment, Intelisearch Inc. and Lessonbee Inc. Renewals have included KSL Capital Partners LP, Maxim Group, US Bever- age and The Granola Bar. Mi- rador committed to additional space at 850 Canal. “The success of these proper- ties has been remarkable, es- pecially in light of the challeng- ing office real estate market,” said Cushman & Wakefield’s Brian Scruton , who heads the leasing assignment with William Montague of the firm’s Stamford office. “The availability at 700 Canal is an unmatched opportunity for the right tenant to secure space at this highly sought-after ad- dress.” MAREJ

700 and 850 Canal St. in Stamford, CT

contemporary workspaces and a robust set of amenities to stel- lar accessibility to all that the South End has to offer,” he said. Available for occupancy No- vember 1, the loft-style space on the third floor of 700 Canal has large windows, ample natural light and spectacular wrap-around water views. Features include a large con- ference room, dedicated fitness

Kevin Byrd , vice president, the campus’ work/live/play environment has fueled steady leasing activity over the past 12 months. With the support of office leasing agent Cushman & Wakefield , property own- ership has inked nine trans- actions totaling more than 48,000 s/f. “These buildings have everything today’s profes- sional end-user demands, from PHILADELPHIA, PA — National Real Estate Advi- sors (National) in partner- ship with Kushner Real Estate Group (KRE) , along with Hunter Roberts and hundreds of men and wom- en from the building trades, proudly celebrate the topping out of 200 Spring Garden, now officially known as The Noble. The project developed as a joint venture between Na- tional's subsidiary, National Real Estate Development, and KRE, will begin pre- leasing in December, with the first units ready in early 2024. "The Noble represents our unwavering commitment to job creation, community en- gagement, and economic vital- ity while seeking to generate good returns for our inves- tors," said Jeffrey Kanne , president and CEO of National Real Estate Advisors. "We are grateful for the dedica- tion of our skilled workforce, which has enabled us to create

National Real Estate Advisors and KRE Group announce topping out of The Noble

Can Help You Comply 1C

SPOTLIGHT

Architects / Engineers

2-5C

Greysteel orchestrates sale of Fieldcrest in Richmond, Virginia

The Noble

borhood's unique character. Alongside the units, residents will have access to extensive amenities, including a 75-foot lap pool, co-working space, bike room, juice bar, an ame- nity lounge, party room, pri- vate landscaped deck, dog run, and over 10,000 s/f of outdoor public green space featuring a custom mural by Mural Arts of Philadelphia. The building will feature marquee corner retail as well as a flagship 17,000 s/f City Fitness.

“Today’s topping out cel- ebration marks another step towards realizing our collec- tive vision with National to unlock the potential that lies within the corridor connecting Old City and Northern Liber- ties,” said Jonathan Kush- ner , president of KRE Group. “Through the multiphase trans- formation of 2nd Street, we have a remarkable opportunity to redefine the landscape and forge a thriving community for all to enjoy.” MAREJ

valuable jobs within the com- munity. This project serves as a testament to our ongoing partnership with KRE and our mission to deliver high-quality living options that truly ben- efit neighborhoods." Designed by Handel Ar- chitects , The Noble's archi- tecture takes inspiration from the warehouse-style buildings of Northern Liberties. With its striking radiused corner, the modern L-shaped residential tower embodies the neigh-

9C

ALSO INSIDE Robert R. Stout PE., PLS, Stout & Caldwell Eng., LLC..3C Withum......................... 6C People on the Move....12C www.marej.com

Made with FlippingBook - Share PDF online