RED BANK, NJ—Well-known musician and restaurateur Tim McLoone's restaurant company has signed a 20-year lease with Onyx Equities at 26 Broad Street in Red Bank, NJ. McLoone's Restaurants has opened The Robinson Ale House – the latest of the company's 11 restaurants in New Jersey – in the property in the heart of Red Bank's central business district. CBRE's retail group FAMECO worked with Onyx to close the transaction.

The CBRE FAMECO team of Jay Miller and Steven Winters represented Onyx Equities in the company's search for a new high-profile restaurant operator to fill this iconic location. The team was able to secure an ideal tenant and complete the transaction in fewer than three months.

“The city of Red Bank offers retailers and restaurant owners an iconic location with access to a very large consumer base comprised of city residents and employees of area businesses,” says Miller. “McLoone's, which already has a strong presence in the Jersey Shore region, instantly recognized the opportunity offered by this dynamic live-play-work community.”

“We were very impressed by Steven and Jay's efforts and targeted approach to filling our space,” says John Saraceno, managing partner of Onyx Equities. “They secured McCloone's in near record time and their professionalism and market knowledge was impressive.”

The Robinson Ale House, now situated in the 5,000-square-foot property owned by Onyx Equities, features an alehouse design with a modern menu. McLoone's signed a 20-year lease at the property.

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Musician/Restaurateur McLoone Opens Robinson Ale House in Red Bank

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