Hackensack Meridian Health Leases 50000 SF Office At River Centre In Red Bank New Jersey

The property involved in this lease transaction is an office asset located at 331 Newman Springs Road in Red Bank, New Jersey, encompassing a total square footage of 50,000. It is situated in a market known for its mixed-use developments and vibrant business community.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 331 Newman Springs Road
• Market: Red Bank
• Landlord: Paramount Realty
• Tenant: Robert Garrett - Hackensack Meridian Health
• Landlord's Representative: Jamie Drummond, Andrew Perrotti & Luke Reid - Newmark
• Tenant's Representative: Suzanne Macnow - CBRE

This lease was facilitated by the representation of both the landlord and tenant by their respective brokers. CBRE represented the tenant, Hackensack Meridian Health, while Newmark acted on behalf of the landlord, Paramount Realty, to complete this transaction.