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New York, NY – September 14, 2020 — The Connell Company today announced that it has partnered with Hana, a subsidiary of CBRE Group, Inc., to open and operate Round Table Studios, a new shared, flexible workspace at Connell Park (The Park), at 200 Connell Drive in Berkeley Heights, New Jersey. Round Table Studios will occupy 40,000 square feet at The Park and is scheduled to open in late 2020. This is the first owner-branded managed solution for Hana, which operates flexible workspaces under its own brand in the U.S. and the U.K.
Located 22 miles west of New York City directly off Interstate 78 and proximate to the Summit and Berkeley Heights train stations, Round Table Studios at The Park offers the perfect location for both urban and suburban companies looking to provide their employees with a healthy and productive local office solution.
“The Connell Company has done an amazing job with the vision of Round Table Studios and the entire onsite amenities across The Park. We’re eager to layer on our deep hospitality and management experience,” said Andrew Kupiec, CEO of Hana. “This is yet another example of our solutions for working with owners and investors seeking to have a trusted, stable operator of flexible workspace solutions.”
“Our vision was to create a place in the suburbs where people can live and work in a balanced, healthy, more productive way. Round Table Studios is a natural extension of all the changes being made at The Park, where we are creating the conveniences of an urban center in a park-like setting,” said Shane Connell of The Connell Company. “Hana is the perfect partner to operate all that Round Table Studios has to offer its members.”
Hana’s team will manage and operate all office-related aspects of Round Table Studios, including institutional-grade private workspaces for enterprise users as well as team meeting rooms and the shared, coworking-style space. Round Table Studios offers exceptional experiences for personal and business meetings and a variety of office environments for accomplishing great things.
Round Table Studios’ private workspaces are designed to promote a work-life balance by providing a full array of curated office spaces, amenities and hospitality services for co-working, mid-to-large tenants and their guests. Offerings include best-in-class workspaces, onsite health clinic by Eden Health, Round Table Studios fitness and nutrition teams, dining and barista services at the club’s restaurant (RT Farm), catering and event planning solutions as well as access to The Park’s outdoor workspaces, parks and walking trails. Club membership also includes access to the onsite 12,000-square-foot gym (FIELDHOUSE), game room and locker room open 24/7 with fitness classes and individualized fitness plans.
CBRE Hana, LLC is a wholly-owned subsidiary of CBRE Group, Inc., the world’s largest commercial real estate services and investment firm (based on 2019 revenue). Hana partners with real estate owners to develop and operate integrated, scalable, flexible workspaces. Each unit contains office suites (Hana Team), conference rooms and event space (Hana Meet) and co-working (Hana Share). Hana provides property owners increased transparency and a valuable offering for companies that desire to maintain their culture and brand while leveraging the benefits of a flexible space offering. More information is available at www.yourhana.com.
Hana helps institutional property owners meet the rapidly growing demand for flexible office space solutions. Hana offers a range of partnership solutions for real estate investors that may include Hana designing, building and operating the facilities and services.
The Park, formerly known as Connell Corporate Park, is undergoing a $400 million repositioning to bring an urban energy and community to the suburbs. Situated on a walkable, 185-acre campus with a 176-room Embassy Suites Hotel, 112,000 square foot LifeTime Fitness center and over 2.25 million square feet of Class A offices, flexible workspaces and collaborative lounges all anchored by a hospitality, culinary and wellness culture. The Park is currently adding The District, which includes 328 apartments and 85,000 square feet of restaurants and entertainment retail, bringing the whole campus together into one vibrant destination.
The Connell Company, founded in 1926, is one of the largest diversified, privately held corporations in the United States. Since its inception, there have been four generations of the Connell family owning and directing the business. Over its 94+ years in business, Connell has evolved from a commodities-based organization to a real estate and finance-based firm. More information is available at https://connellco.com/.