Neyer Properties has signed leases with Thermal Tech, Gilman Partners and State Auto at Red Bank Village. Combined, these three leases bring the current occupancy at Red Bank Village to 80 percent.
Thermal Tech will be occupying a nearly 10,000 square foot space; Gilman Partners is moving into a 5,600 square foot space. Thermal Tech and Gilman Partners will be on the second floor. State Auto signed a lease for 2,001 square feet on the first floor.
Gilman Partners will be moving in this month with Thermal Tech and State Auto to follow in June.
Existing tenants at the building include DaVita Dialysis, In Home Health and MBA Insurance. Approximately 7,500 square feet remains available at the building. Neyer is currently working with additional prospects to lease up the remaining spaces.
Neyer Properties purchased Red Bank Village, a two-story office building, in December 2010. At purchase, the building was only at 20 percent occupancy.
Since acquiring the building Neyer has added a secondary entrance to the building for easier access to the rear parking spots and upgraded monument signage along Red Bank Expressway.