M id A tlantic Real Estate Journal — Owners, Developers & Managers — September 2024 — 9
www.marej.com
O wners , D evelopers & M anagers Circle Squared Alternative Investments served as partner on project The Hampshire Cos. & The Pinnacle Cos. intros. The Clair, Montclair, NJ’s multifamily community M ONTCLAIR, NJ — The Hampshire Companies , a full-
of the state’s most dynamic downtowns provide the per - fect environment to foster these connections.” “The Clair will offer res - idents a boutique living experience with only 40 residences, unparalleled amenities and hospitality services” added Brian Sto- lar , president and CEO of The Pinnacle Companies. “In addition to the outdoor club level courtyard and rooftop amenities, the Clair offers a 4,000 s/f street level plaza that residents will enjoy as well.”
Jeff Sica , president, CEO, chief investment officer of Circle Squared Alternative Investments , a partner on the project, continued, “It is an honor to be involved with bringing this beautiful project to what we consider the most exciting town in NJ.” OceanFirst Bank provided financing for The Clair. The Hampshire Companies has tapped Sparrow Asset Man- agement to oversee leasing at the community. The Hamp - shire Companies will serve as property manager upon stabilization. MAREJ
service, private real estate investment and develop - ment firm, and The Pinna - cle Companies , a privately held regional real estate de - velopment firm, announced the opening of The Clair, a 40-unit luxury multifamily community, located at 37 Orange Rd. in Montclair. Located steps away from Montclair’s dynamic Bloom - field Avenue corridor, The Clair offers highly adaptable residences paired with an amenity package unmatched in the local market. Designed by Minno & Wasko , The Clair’s studio, one and two-bedroom apart - ments are built around the needs of today’s apartment residents with open floor - plans, high ceilings, floor- to-ceiling windows, walk-in closets, stainless steel appli - ances and kitchen pantries. Beyond their homes, resi - dents can enjoy a compre - hensive amenity package that includes valet parking, package service, community wi-fi, EV charging stations, a clubhouse and business center, an outdoor courtyard with grills, a roof terrace and in-unit house cleaning. Residents of The Clair enjoy exclusive access to the adjacent 159-room MC Ho - tel, built by The Hampshire Companies and The Pinnacle Companies, which offers a wealth of amenities includ - ing a fully-equipped business center, stylish indoor/outdoor lounge spaces, a modern fit - ness center, and convenient drop-off dry cleaning ser - vices. Additionally, the part - nership provides residents with special perks such as discounted hotel rooms and catering events and savings at the hotel’s Allegory Res - taurant & Bar, MC Market and the award-winning Alto Rooftop Lounge. “Apartment residents to - day seek opportunities to connect not only with their fellow residents but also with the vibrant community right outside their doors,” said James E. Hanson II , president & CEO of The Hampshire Companies. “We are confident that The Clair’s comprehensive ame - nity package and prime loca - tion at the gateway to one
The Clair
YOUR LIABILITY INSURANCE UNQUESTIONABLY HAS A POLLUTION EXCLUSION That means no protection against direct and indirect liability losses, and property devaluation, caused by mold, bacteria, legionnaires disease, oil spillage, lead, and many more pollution-related claims. E. B. Cohen Insurance and Risk Management has solutions and coverages to fill this gap in your security.
GET A FREE RISK SURVEY AND NO OBLIGATION CONSULTATION TODAY
Made with FlippingBook flipbook maker