M id A tlantic Real Estate Journal — Retail Development Reimagined — November 13 - December 10, 2020 — 7A
www.marej.com
R etail D evelopment R eimagined
ED BANK, NJ — Denholtz Proper- ties , a privately held, Melonhead will take 565 s/f of the development’s 6,500 s/f of ground-level retail space Denholtz Properties announces first retail tenant for transformative Red Bankmixed-use community R healthy breakfast options for an easy way for commuters to start their day.
“The Rail @ Red Bank’s retail tenants are not only an exciting amenity for the building’s resi- dents but a key component in jumpstarting the local economy surrounding the train station,” said Steven Denholtz , CEO of Denholtz Properties. “Through attracting in-demand and grow- ing tenants like Melonhead as well as new residents, we are confident that The Rail @ Red Bank will be a powerful cata- lyst in the continued growth of the business community on the West Side.” MAREJ
fully integrated real estate development and investment company, announces it has inked its first lease for The Rail @ Red Bank, a mixed-use ground-up development project in Red Bank’s West Side neigh- borhood. Melonhead, a juice, smoothie and acai bowl shop, will take 565 s/f of the develop- ment’s 6,500 s/f of ground-level retail space with an anticipated April 2021 opening. Currently under construc- tion, the completion of The Rail @ Red Bank in 2021 will mark the next chapter in the ongoing evolution of Red Bank’s West Side neighborhood. Strategi- cally located next to the Red Bank train station, the site is also adjacent to the recently renovated 30,000 s/f 116 Chest- nut St. office building that is home to Denholtz Properties’ corporate headquarters. Since opening the first loca - tion in Sea Bright in 2016, Melonhead founder Nick Fran- gipane has taken inspiration from his travels around the globe to inspire the unique menu filled with a diverse selection of all-natural juices, smoothies and acai bowls. His new business partner, Jim Whelan, has been a great ad- dition to the Melonhead team, bringing fresh ideas and skills to the table. Building upon the success of the first location, Melonhead’s newest location at The Rail @ Red Bank will feature a so- phisticated, island-style design with outdoor bistro seating to activate the area surrounding The Rail and the train station. Further capitalizing on their location next to the train sta- tion, Melonhead will also offer an expanded breakfast menu including coffee, oatmeal, ba- gels, and muffins as well as be managed through various permitting options, which may allow certain activities to occur within wetlands and wetland buffers. Early identification however is the key to the proper management. This approach prevents the potential need for expensive project redesign and schedule delays Stout and Caldwell Engi- neers, LLC is a New Jersey- based civil engineering firm. MAREJ continued from page 2A WETLANDS 101: . . .
The Rail @ Red Bank
BORRUS ASSOCIATES Commercial Investment Real Estate NEED INVESTMENT PROPERTIES
Julius Borrus Broker & President Borrus Associates 340 Rte 35 South Red Bank, NJ 0771 P: 908-839-0052
borruscommre@aol.com A Member Of The International Council Of Shopping Centers NY, NJ, CT, PA INVESTMENT REAL ESTATE
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