Are you considering re-locating your financial market company to the Red Bank or Shrewsbury area? Do you want to open a sales or trading branch of your company?  

I represent prospective buyers and tenants in search of Professional Office space in the Red Bank and Shrewsbury area. (We'll also list commercial office space and real estate and represent the sellers/landlords.)

Here are a few factors influencing supply, demand and rental rates: 

• Red Bank and Shrewsbury are considered the financial market centers of Monmouth County. Many professionals have nicknamed the area "Wall Street South."
• There is robust demand for high quality office space among banks, insurance companies and NYSE/NASD broker-dealers. The private equity boom (hedge funds) has also added to the demand for fully functional trading spaces.
• Red Bank and Shrewsbury offer ample support services like restaurants, shopping and suppliers.
• Red Bank and Shrewsbury are conveniently located to the Belford Ferry so you can visit or entertain clients from downtown Manhattan and the Wall Street area easily.

Why call ANDREW J. LENZA REALTY when looking for office space? 

• As the former Chief Operating Officer of Troster Singer (TSCO) and a Managing Director of Spear, Leeds & Kellogg (SLK) I have an extensive background in trading room technology and operational support.
• Another way I add value for traders, financial advisors, institutional sales staff, direct access providers who are eager to "set up shop" in the Red Bank and Shrewsbury areas.
• The landlord offers a commission for Realtors who procure ready, willing and qualified tenants. You get the advantages of woking with a professional without additional cost. Why go it alone?

What are the local commercial rates for professional office space?  

• The current market rates for Red Bank start at approximately $18.00 per Square Foot (SF) and go as high as $36.00/SF.
• The current market rates for Shrewsbury start at approximately $16.00/SF and go as high as $27.00/SF.

Not every commercial rental rate is equal.

There are various differences in the basic services or charges of that per Square Foot price. Some rents are termed "gross" and others "net." Tenants usually pay for their own utilities and may also pay for Common Area Maintenance (CAM), property taxes and insurance.

Interested in the exciting and dynamic area of Red Bank and Shrewsbury?

Just call ANDREW J. LENZA REALTY at (732) 431-9003 or email at andrewlenza@verizon.net. Visit our company site at http://www.lenza4real.com/

Photo of office building courtesy of http://www.realestatecompanies.us/commercial.htm Check out their site for excellent commercial real estate content. Lease graphic courtesy of http://contracts.consusgroup.com/categories/kicat_124_1.asp another interesting real estate website.