Denholtz Properties negotiates lease renewal in renovated Red Bank office building

Exterior rendering for 116 Chestnut St. in Red Bank - DENHOLTZ PROPERTIES

By: Linda Lindner / llindner@njbiz.com

Denholtz Properties announced a lease renewal with DefinedLogic LLC for 12,224 square feet of office space in Red Bank.

116 Chestnut St. is a part of a Denholtz mixed-use project, The Rail @ Red Bank Station, which will bring a 57-unit luxury apartment building with 6,000 square feet of ground level retail to Red Bank in 2020.

Denholtz Properties moved their headquarters to the 30,898-square-foot boutique office building earlier this year.

Red Bank’s location and overall setting have made the borough one of the state’s most attractive places for businesses. With close proximity to a New Jersey Transit train station in the heart of downtown Red Bank, 116 Chestnut St. is a multi-tenanted boutique office building. Renovations to the building’s façade are currently underway and will be completed in the fall of 2019.

DefinedLogic is an award-winning digital agency and consultancy, with an in-house development team that works with companies to identify technology needs, implement web content management systems, manage digital transformation and develop native and web-based applications.

“Having been in Red Bank for almost twenty years, we have seen tremendous change take place across the city,” said Michael Simon, partner at Defined Logic. “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.”