Case Studies
Former Corporate Headquarters
Metropark South II, Matawan, NJ
OPPORTUNITY
- Bankruptcy of Kara Homes halted construction of new headquarters building in early stages of construction
- Ideal site for relocation and expansion of Denholtz Associates headquarters
CHALLENGES
- Acquisition structured around Kara Homes’ bankruptcy
- Partially completed construction necessitated extensive re-engineering
RESULTS
- Financing provided by local relationship bank
- Corporate offices relocated
- Building 100% leased before completion
