Andrew DeNardo, a principal of First National said, "The Coastal building is truly a one of a kind asset. The views the building offers the tenants at the property are remarkable. We look forward to working with the tenants at the property to ensure their continued success. The team here at First National is excited to be a part of the Red Bank community. We look forward to working with all local stakeholders and ensuring a successful project for everyone involved."
FIRST NATIONAL REALTY PARTNERS, an institutional real estate investment firm, announced the acquisition of The Coastal Building, a Class A, 29,178 square foot trophy office building located directly on the prestigious Navesink River in fast growing Red Bank, NJ. The property was acquired in an off market transaction and adds another high quality asset to the firm's growing portfolio of premier real estate assets throughout the United States.
The Coastal Building is a hallmark office property in the hip, and up-and-coming Jersey Shore town. It boasts a world class tenant roster and captivating, sprawling views of the Navesink River. Tenants enjoy ample parking, which is highly coveted in Red Bank. First National plans to improve the property with targeted upgrades focused on green initiatives and technology.
Andrew DeNardo, a principal of First National said, "The Coastal building is truly a one of a kind asset. The views the building offers the tenants at the property are remarkable. We look forward to working with the tenants at the property to ensure their continued success. The team here at First National is excited to be a part of the Red Bank community. We look forward to working with all local stakeholders and ensuring a successful project for everyone involved."
First National Realty Partners, LLC (FNRP) is a leading vertically integrated real estate investment firm focused on acquiring institutional quality commercial real estate assets throughout the United States. The firm is an active, opportunistic and value-add investment firm that is equipped to operate in all facets of the real estate acquisition process as investor, developer and asset manager of commercial investment properties. FNRP enhances the value of properties through hands-on management and targeted investments, resulting in substantial returns for investors.
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Severity: Warning
Message: count(): Parameter must be an array or an object that implements Countable
Filename: amp/news_details_amp.php
Line Number: 252
Backtrace:
File: /home/smartmarketnews/public_html/application/views/amp/news_details_amp.php
Line: 252
Function: _error_handler
File: /home/smartmarketnews/public_html/application/controllers/Amp_controller.php
Line: 41
Function: view
File: /home/smartmarketnews/public_html/index.php
Line: 315
Function: require_once
Smarter Decisions with Smart News
Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.
media@smartmarketnews.com | sales@smartmarketnews.com
Contact Us