S hopping C enters S outhern NJ S potlight

M id A tlantic Real Estate Journal — Southern New Jersey — October 16 - 29, 2020 — 9B


Dougherty of Metro Commercial represents Planet Fitness in 25,000 s/f lease NRDC announce new tenants to occupy a total of 58,690 s/f at Liberty Square Center B

private workspaces for enter- prise users as well as team meeting rooms and the shared, coworking-style space. Round Table Studios offers excep- tional experiences for personal and business meetings and a variety of office environments for accomplishing great things. Round Table Studios’ private workspaces are designed to promote a work-life balance by providing a full array of curated office spaces, amenities and hospitality services for co- working, mid-to-large tenants and their guests. Offerings in- clude best-in-class workspaces, onsite health clinic by Eden Health, Round Table Studios fitness and nutrition teams, dining and barista services at the club’s restaurant (RT Farm), catering and event planning solutions as well as access to The Park’s outdoor workspaces, parks and walking trails. MAREJ nesses. The brands located in Liberty Square Center are some of the most prominent names in retail and will allow the shopping center to thrive well into the future. In order to ensure the ongo- ing operations of its tenants, National Realty & Devel- opment Corp. has worked extremely hard on custom- izing rent plans, guidance on where to find proper funding resources and advocating for outdoor dining during the CO- VID-19 pandemic. NRDC has also implemented designated curbside pickup so tenants and their customers can stay connected, and retail services remain accessible in a safe environment through limited occupancy. Liberty Square Center is strategically located along Route 541, which connects Burlington with Mount Holly and intersects with other ma- jor New Jersey corridors in- cluding Interstate 295, Route 130 and the New Jersey Turn- pike. MAREJ

BERKELEYHEIGHTS, NJ — The Connell Company has partnered with Hana, a subsid- iary of CBRE Group, Inc. , to open and operate Round Table Studios, a new shared, flexible workspace at Connell Park (The Park), at 200 Connell Dr. in Berkeley Heights. Round Ta- ble Studios will occupy 40,000 s/f at The Park and is scheduled to open in late 2020. This is the first owner-branded managed solution for Hana, which oper- ates flexible workspaces under its own brand in the U.S. and the U.K. Located 22 miles west of New York City directly off Interstate 78 and proximate to the Sum- mit and Berkeley Heights train stations, Round Table Studios at The Park offers the perfect location for both urban and suburban companies looking to provide their employees with a healthy and productive local office solution. URLINGTON, NJ — National Realty & Development Corp. (NRDC) announced that na- tional tenants Ross Dress For Less and Planet Fitness are getting ready to open at Liber- ty Square Center, the 380,383 s/f retail center in Burlington. Five Below officially opened for business at its 11,600 s/f space in June. Ross Dress For Less, which is scheduled to open in Octo- ber, will occupy 22,090 s/f of retail space. Lastly, Planet Fitness has signed for 25,000 s/f of space and is set to open its doors at the center in the first quarter of 2021. The new tenants join the center’s existing anchor ten- ants, Walmart Supercenter and Marshall’s/Home Goods, as well as a wide variety of other businesses including H&R Block, AutoZone and America’s Best Contacts and Eyeglasses. NRDC was represented by president John Orrico in the Ross lease. Vice president of

Liberty Square Center

retail leasing Nick Hrvatin represented the company in the Five Below and Planet Fitness agreements. Rick Schuch of CBRE represented Five Below, John Krause of CBRE represented Ross Dress

For Less, and Joseph Dough- erty of Metro Commercial represented Planet Fitness. “We are excited to add these three nationally recognized, highly successful brands to Liberty Square Center,” said

Hrvatin. “Despite the sig- nificant challenges brought on by the current pandemic, we have been able to complete our renovation of this property and now have a great mix of retailers and service busi-

The Connell Company partners with Hana to open flexible work - space, Round Table Studios in Berkeley Heights, New Jersey

Round Table Studios

the conveniences of an urban center in a park-like setting,” said Shane Connell of The Connell Company. “Hana is the perfect partner to operate all that Round Table Studios has to offer its members.” Hana’s team will manage and operate all office-related aspects of Round Table Studios, including institutional-grade

“The Connell Company has done an amazing job with the vision of Round Table Stu- dios and the onsite amenities across The Park. We’re eager to layer on our deep hospitality and management experience,” said Andrew Kupiec, CEO of Hana. “This is yet another example of our solutions for working with owners and inves-

tors seeking to have a trusted, stable operator of flexible work- space solutions.” “Our vision was to create a place in the suburbs where people can live and work in a balanced, healthy, more pro- ductive way. Round Table Stu- dios is a natural extension of all the changes being made at The Park, where we are creating

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