Hana Enters First Owner-branded Agreement
The Connell Company has revealed that it will partner with CBRE’s flexible office branch Hana to open Round Table Studios, a shared workspace in Berkeley Heights, New Jersey.
The workspace will offer services ranging from coworking, private workspaces and team meeting rooms for medium to large companies and take up 40,000 square feet at The Park. The space in the 1.5 million square foot mixed-use development is expected to open later this year.
This marks the first time Hana will be entering an owner-branded agreement, where it will still manage and operate the office operations.
Connell Park will also use CBRE’s services that include a tech platform and app, as well as gain access to CBRE’s hospitality and concierge team.
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“As employee and business needs continue to evolve, we wanted a flexible office solution that allowed The Park to cater to all potential employer needs, whether they are a single entrepreneur or a large tenant looking for a traditional long-term lease or a prebuilt flexible workspace,” said Shane Connell, executive vice president. “We have been hearing from many tenants that they are increasingly looking at flex to help address the increase in remote work, the need to be in the office a few days a week for collaboration and meetings, and to be in a conveniently located, highly amenitized area like The Park.”
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