Page 19 - RENJ Sept.21
P. 19

REALESTATENJTM 17
    roughly 400 members from a range of industries including life sciences, financial services and consulting, among others.
Notably, almost all of those tenants will be using co-working or flex space for the first time.
“A lot of companies are reading about co-working and HR departments are learning about
co-working,
so they’re
now doing
exploratory
work,” Shane
Connell,
executive vice
president at
The Connell
Co., said during a recent tour of the space. “So they’re coming to us, they’re coming to multiple locations. And New Jersey doesn’t have that many options that are branded, so when they come here, either they’re starting with us or they’re ending with us. It’s definitely a different reaction.”
Connell said RTS — which the firm
opened in partnership with CBRE’s Hana group and for which Gensler was the architect of record — saw steady traffic throughout the summer, despite the recent spike in COVID-19 cases and renewed concerns about returning to the office. The team
was encouraged not only by the interest, but the feedback it received from users that were able to project how they would use the different spaces. For instance, he pointed to
a nonprofit that was interested in
a 40-person studio with desks and meeting areas, but also gravitated to the main library as a space that could host monthly fundraisers.
Other potential tenants have inquired about leasing a 20- or 40-person suite “but want 10 or 20 extra cards” for their employees, he said, referring to the social membership option.
“That’s what I think is appealing — to have both uses,” Connell said.
At RT Farms, members can choose from an array of grab-and-go items such as salads, sandwiches, snacks and fresh juices, along with prepared dishes and made-to-order meals from
With nearly 400 total seats, Round Table Studios features co-working options and a mix of private offices, with sizes ranging from single-person suites to larger studios for more than 40 employees, along with on-demand conference and collaboration rooms.
  Shane Connell
the same high-end culinary team that has helped overhaul food service at The Park. The space also features
a coffee bar that transitions to cocktails from 4 to 7 p.m. daily, along with catering and specialty members- only dinners during the week.
With all of its items, RT Farms has placed a premium on wellness, using organic ingredients and providing labels with QR codes to allow diners
to see their nutrition data. It’s a common theme for a campus that also has an on-site health clinic, acres of outdoor park space and
a 12,000-square-foot, New York City-style fitness club known as the Fieldhouse.
According to Connell, a social membership includes access to RT Farms, its evening bar services and its Supper Club programs. It
   COUNT ON OUR CAPITAL. BUILD YOUR BUSINESS.
Walter Sierotko, EVP 732.726.5420
                  TOTAL TEAM
            LENDING
                  COMMITMENT YOU CAN COUNT ON.SM
RECENTLY FINANCED
                   $18,000,000 $16,500,000 $8,900,000
INDUSTRIAL CONSTRUCTION LOAN OFFICE BRIDGE LOAN OFFICE/RETAIL CONSTRUCTION PERMANENT LOAN
  PISCATAWAY, NJ RED BANK, NJ SUMMIT, NJ
    www.Provident.Bank
    


























































   17   18   19   20   21