Newmark Secures Leases For 80,000 SF At Red Bank's River Centre

The River Centre office campus in Red Bank, NJ has secured leases for over 80,000 sq ft, including Med Metrix (16,186 sq ft), Seventy2 Capital (14,000 sq ft), and Sycamore Medical Management (16,925 sq ft). The Class A office campus, owned by Paramount Realty and First Mile Capital/Crown Acquisitions, is undergoing $25 million in upgrades and is located at 331 Newman Springs Road. It is home to tenants such as UBS, Withum, Wells Fargo, Innocor FXI, and Achieve 3000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 331 Newman Springs Road, Red Bank, NJ
• Market: Red Bank
• Asset Type: Office
• Square Footage: 80,000 sq ft

Among the key individuals and companies involved in the deal are Maurice Zekaria representing the landlord Paramount Realty, and First Mile Capital/Crown Acquisitions. The tenants include Med Metrix represented by Joseph Davi, Seventy2 Capital represented by Thomas Fautrel, Sycamore Medical Management, UBS represented by Sergio P. Ermotti, Withum represented by Jose C. Antunes, Wells Fargo represented by Charles W. Scharf, and Achieve 3000 represented by Dr. Douglas Fisher. The brokers Andrew Perrotti and Jamie Drummond from Newmark were involved in securing the leases for the River Centre office campus.

Note: Newmark facilitated the leasing of over 80,000 sq ft of space at the River Centre office campus in Red Bank, NJ. The campus is currently undergoing $25 million in upgrades and features a variety of prestigious tenants including UBS, Withum, Wells Fargo, and Achieve 3000.