NEWARK, NJ – Residents have begun moving in to One Easton, Newark’s newest 220-unit, 440-bed apartment community located in the heart of town that also is just a short walk to the University of Delaware campus and Newark’s Main Street.
More than 157 residents have already enjoyed early move-ins this summer. The property features 10 different two-bedroom floor plans, allowing residents to select the floor plan type that best fits their needs. The Bainbridge Companies, LLC and Pinecrest Partners, LLC are partners on the property. Campus Advantage is the property and leasing manager.
“One Easton is the perfect place for the young professional to unwind and for the student to study – all in one place,” said Jay Perez, general manager of One Easton.
One Easton units are fully furnished and feature individual bathrooms for each bedroom. Amenities include a 24-hour fitness center, an all-season courtyard with a heated pavilion, hammocks, business center, all-inclusive rent and a private, covered parking garage. One Easton is a “one step shop” in that all of its amenities are under one roof, which is unique in the Newark market.
“Here at One Easton, our staff strives to provide excellent customer service while fostering a sense of community,” said Briana Moore, leasing manager of One Easton.
“We believe this investment fits our objective of creating and operating high quality, well-located student housing facilities at desirable universities, and we look forward to successful operations at this property going forward,” said Stephen Perlmutter, CEO of Pinecrest.
One Easton’s staff provides events, resources and information to help create an experience catered to the individual resident, such as opportunities to meet fellow residents, participate in volunteer and philanthropy activities, obtain career coaching, learn about local attractions and events or receive referrals to community resources.
The property also includes a study lounge with individual study nooks, group project rooms and a computing center with color printing, as well as a stylish clubroom with the fastest internet speeds in town and a tea and coffee bar.
About The Bainbridge Companies
The Bainbridge Companies is a leading owner, developer and manager of luxury multifamily apartment communities in the Eastern United States. Founded in 1997, Bainbridge is a fully-integrated family of real estate companies engaged in the development, construction, management and acquisition of residential and commercial real estate. The current Bainbridge portfolio ranges from luxury class AA to communities being repositioned with locations ranging from Miami northward to Long Island, New York. Bainbridge maintains regional corporate offices in Wellington, FL, Orlando, FL, Cary, NC, Washington, DC, and New York. For more information, visit www.bainbridgecompanies.com.
About Pinecrest
Pinecrest provides a focused investment strategy, supplying capital and development expertise to create high quality, purpose- built, campus proximate student housing throughout the U.S. Pinecrest executes its strategy through joint ventures with developers and operators, as well as through independent investment and development. Pinecrest is an affiliated company of Perlmutter Investment Company, a multi-disciplined real estate investment company established in 1998. For more information, visit www.pinecrestUS.com.
About Campus Advantage
Campus Advantage is an Austin-based real estate firm that offers student housing management, development, acquisition, and consulting services. The company has been creating successful communities since its founding in 2003. Its proven expertise and time-tested approach creates better student living experiences, which in turn creates financial success. For additional information, please visit www.campusadv.com.