Located at 118 Chestnut St. in Red Bank, The Rail at Red Bank is home to 57 apartments and 7,500 square feet of retail space. — Courtesy: Denholtz Properties
By Joshua Burd
Denholtz Properties has filled the final retail space at a high-profile redevelopment project in Red Bank’s West Side neighborhood.
The tenant, Hydraderm Spa, has leased 1,970 square feet at what’s known as The Rail at Red Bank, the site of 57 apartments that are also fully leased. Scheduled to open in early 2024, the high-end beauty and health spa will offer a range of services including facials, buccal massage, micro-needling, hydrafacial, radio frequency, body massage and wrapping, allowing it to expand beyond its current location in Englishtown.
Other retail tenants at The Rail at Red Bank include Melonhead, a juice, smoothie and acai bowl shop, as well as the Italian bakery and café Filoncino Café and Todd Goldstein, DDS, a cosmetic dentist. Gary Krauss of Pierson Commercial represented Denholtz in all four transactions at the 7,500-square-foot retail component.
“Retail offerings must be viewed as a key part of any mixed-use building’s amenity package,” said Kristine B. Hurlbut, senior vice president for leasing at Denholtz. “We knew that it was critical to attract tenants who could provide unique experiences to our residents and the Red Bank community. We are excited to celebrate full occupancy of both the retail and residential portions of our new community as we welcome Hydraderm Spa to The Rail at Red Bank family.”
In addition to the on-site businesses, amenities at The Rail at Bank include two outdoor decks with fireplaces, seating areas, outdoor TVs and grills, a modern fitness center, an outdoor dog park, bike storage, a yoga studio, a clubroom with desks and kitchen areas and a game room with pool table.
“As we embarked on our search for a second location for our business, our priority was to find a space that offered our clients on-site parking as well as convenient access to a variety of complementary restaurants, shopping, and cultural options,” said Ekaterina Vasileva, owner of Hydraderm Spa. “After touring The Rail at Red Bank, it was clear that it checked all of our boxes and would be the perfect location for us to serve our growing client base across Monmouth County.”