District at 15Fifteen
The District at 1515 is an exciting new mixed-use project strategically located in Parsippany, New Jersey. The project has 1,000 linear feet of frontage along Route 10, which carries more than 60,000 vehicles per day past the site. The project will provide a combination of upscale national and local retailers, restaurants, cafes, and specialty services in a vibrant town center environment. Stage Capital Partners is an equity investor in the project.
Stage Capital Partners (“SCP”) was engaged by Solstice Sleep Products to assist with selecting a site for their sixth manufacturing facility after SCP’s performance in their most recent facility in Columbus, OH. SCP & Solstice identified several locations in South Carolina and ultimately acquired a new, 101,500 warehouse in Marion, SC. SCP was able to secure a 10-year tax abatement through the county for this project. SCP also worked with Solstice Sleep Products to secure state grants, job development credits and job tax credits.