The Hampshire Companies, a full-service, private real estate investment and development firm and The Pinnacle Companies, a privately held regional real estate development firm, announce the opening of The Clair, a 40-unit luxury multifamily community, located at 37 Orange Road in Montclair, N.J.
Located steps away from Montclair’s dynamic Bloomfield Avenue corridor, The Clair offers highly adaptable residences paired with an amenity package unmatched in the local market.
Designed by Minno & Wasko, The Clair’s studio, one and two bedroom apartments are built around the needs of today’s apartment residents with open floorplans, high ceilings, floor-to-ceiling windows, walk-in closets, stainless steel appliances and kitchen pantries. Beyond their homes, residents can enjoy a comprehensive amenity package that includes valet parking, package service, community wi-fi, EV charging stations, a clubhouse and business center, an outdoor courtyard with grills, a roof terrace and in-unit house cleaning.
Residents of The Clair enjoy exclusive access to the adjacent 159-room MC Hotel, built by The Hampshire Companies and The Pinnacle Companies, which offers a wealth of amenities including a fully-equipped business center, stylish indoor/outdoor lounge spaces, a modern fitness center, and convenient drop-off dry cleaning services. Additionally, the partnership provides residents with special perks such as discounted hotel rooms and catering events and savings at the hotel’s Allegory Restaurant & Bar, MC Market and the award-winning Alto Rooftop Lounge.
“Apartment residents today seek opportunities to connect not only with their fellow residents but also with the vibrant community right outside their doors,” said James E. Hanson II, President & CEO of The Hampshire Companies. “We are confident that The Clair’s comprehensive amenity package and prime location at the gateway to one of the state’s most dynamic downtowns provide the perfect environment to foster these connections.”[1]
“The Clair will offer residents a boutique living experience with only 40 residences, unparalleled amenities and hospitality services” added Brian M. Stolar, President and CEO of The Pinnacle Companies. “In addition to the outdoor club level courtyard and rooftop amenities, the Clair offers a 4,000 sf street level plaza that residents will enjoy as well.”
Jeff Sica, President, CEO, Chief Investment Officer of Circle Squared Alternative Investments, a partner on the project, continued, “It is an honor to be involved with bringing this beautiful project to what we consider the most exciting town in N.J.”
OceanFirst Bank provided financing for The Clair. The Hampshire Companies has tapped Sparrow Asset Management to oversee leasing at the community. The Hampshire Companies will serve as property manager upon stabilization.
To learn more about The Clair, please visit https://livetheclair.com/.
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About The Pinnacle Companies
The Pinnacle Companies is a privately held, regional real estate development firm based in Montclair,
N.J. The Pinnacle Companies focuses its core competencies on transformational residential, commercial
and retail properties with a concentration on redevelopment, mixed-use and transit-oriented Projects. Addiitonal information on The Pinnacle Companies is available online at The Pinnacle Companies.
About The Hampshire Companies
The Hampshire Companies is a full-service, private real estate investment firm based in Morristown, New Jersey. The Hampshire Companies is a vibrant, dynamic organization that combines creative vision and superior execution, thereby enabling it to create and enhance value in real estate investments. Additional information on the Hampshire Companies is available online at www.hampshirere.com.
To stay connected with The Hampshire Companies and for updates on the latest transactions and news follow Hampshire on Facebook, Twitter, and LinkedIn.
Media Contact:
Dan Johnson
R&J Strategic Communications
908-304-4113
djohnson@randjsc.com