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Denholtz Properties Negotiates Lease Renewal at Site of Newly Renovated Office in Red Bank, N.J.

28 August 2019

Denholtz Properties has announced a lease renewal with DefinedLogic LLC for 12,224 square feet at 116 Chestnut Street, Red Bank, N.J., where Denholtz Properties recently relocated its headquarters. This renewal allows DefinedLogic, a digital agency and consultancy with a robust in-house development team, to continue providing expert services in digital transformation and application development to clients across various sectors.


Located within walking distance of the Red Bank NJ Transit train station and at the heart of Red Bank’s vibrant downtown, the 30,898-square-foot office building at 116 Chestnut Street is undergoing exterior renovations, expected to complete in fall 2019. The building is also part of Denholtz Properties’ The Rail @ Red Bank Station mixed-use project, a transformative development that will introduce a 57-unit luxury apartment building with 6,000 square feet of ground-level retail, scheduled for completion in 2020.


“Having been in Red Bank for almost twenty years, we have seen tremendous change take place across the city,” said Michael Simon, Partner at DefinedLogic. “We are excited for Denholtz Properties to bring that transformation over to the West Side with their improvement project at 116 Chestnut and the construction of The Rail @ Red Bank Station next door. These projects made renewing our lease an easy decision, and we look forward to being an integral part of the ongoing revitalization of this neighborhood.”


Kristine B. Hurlbut, Senior Vice President of Leasing at Denholtz Properties, added, “As one of New Jersey’s most-desirable and dynamic towns, there are few other locations in the state that appeal to growing businesses and their employees more than downtown Red Bank. Through our creation of a modern office building with exciting retail and residential opportunities next door, we’re confident that the strong growth fundamentals of Red Bank will allow us to continue to attract and retain high-quality tenants looking to call this town home.”


With this lease renewal, DefinedLogic and Denholtz Properties continue to contribute to the growth and vibrancy of Red Bank’s West Side, creating a dynamic, live-work-play environment that further enhances the borough’s appeal.

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