Denholtz Properties, a Red Bank-based commercial real estate developer, signed an agreement with Regus to manage a 9,729-square-foot coworking space at 140 Broad St., a 37,351-square-foot office building located in downtown Red Bank.
Regus, a subsidiary of International Workplace Group, is a leading workplace solutions company dedicated to providing businesses with choice, flexibility and accessibility to thriving communities across the globe. The company’s vast network of managed workspaces spans over 2.5 million members, from entrepreneurs to multibillion-dollar corporations.
Regus will operate the entirety of the second floor to provide flexible hybrid and coworking options to meet the needs of individuals and businesses throughout Red Bank and the surrounding communities.
“Companies across virtually every industry continue to reevaluate their office space needs in the post-COVID-19 era,” Kristine Hurlbut, senior vice president, leasing at Denholtz Properties, said. “Our agreement will bring Regus’ highly successful operating platform to Red Bank to help companies of all sizes find the right space to support their continued growth.”
In addition, Denholtz Properties recently completed a comprehensive capital improvement project at 140 Broad St. that included an updated façade and the addition of new HVAC rooftop units and LED lighting throughout the building as well upgrades to the roof, elevator, chairlift and windows.
