Denholtz Properties’ ground-up mixed-use development The Rail at Red Bank is rounding out its retail tenancy with two new leases.
The commercial real estate development and investment company said Jan. 26 it negotiated leases that will bring Filoncino Café and Todd Goldstein DDS to the property located at 118 Chestnut St. in the municipality’s emerging West Side neighborhood.
Both are expected to open in mid-2023, according to Denholtz Properties, and each tenant’s lease at The Rail at Red Bank marks the second location for the business.
Filoncino Café, a Staten Island-based Italian bakery and café, will occupy a 2,500-square-foot space. The eatery offers more than 120 sandwich options in addition to a range of fresh baked goods, desserts and Italian specialty items.
Todd Goldstein DDS currently operates an office at 39 Broadway in Manhattan. He will expand his cosmetic dental services to New Jersey from a 2,214-square-foot space in Red Bank.
Home sweet home
Residents began moving into The Rail at Red Bank last fall.
The property features 57 units, amenities and a total 7,500 square feet of ground-level retail space. The exterior features a striking design from Livingston-based Rotwein+Blake.
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The new additions join Melonhead, the property’s first retail tenant.
“The Rail at Red Bank was born from the idea that real estate investment can and should be a catalyst for positive economic development in our local neighborhoods,” said Kristine Hurlbut, senior vice president, Leasing at Denholtz Properties. “We are honored that Filoncino Café and Todd Goldstein DDS, share our vision for the West Side of Red Bank and we look forward to their openings …”
Farther north in Central Jersey, Denholtz Properties is seeking to apply that model in Bound Brook in Somerset County.
As part of a joint venture with Redwood Real Estate Group, Dentholz announced plans for The Rail at Bound Brook last fall: a 143-unit multifamily development located within an Opportunity Zone and a designated New Jersey Department of Transportation Transit Village.