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Leases

Bell Works adds 16 new tenants to roster

Somerset Development announced 16 new office leases at Bell Works, the revitalizated two-million-square-foot former Bell Laboratories in Holmdel, N.J.

The latest office users to join the mixed-use metroburb – a self-contained metropolis in a suburban locale – include advisroy firm, CohnRznick, which leased 18,993 s/f.

Somerset Development was represented in each of the transactions by The Garibaldi Group President Jeff Garibaldi, Vice President Tara Keating and Broker Support Analyst Lindsey Florio – its exclusive team of office leasing agents.

Bell Works has leased roughly one million square feet of office space, including 90 percent of its “ready-to-wear” offices, which range from 500 to 4,500 s/f. Each office is custom designed by NPZ Style + Decor, led by Bell Works Design and Creative Director Paola Zamudio. Of the 16 recently signed office leases, 15 were signed for “ready-to-wear” space, and Somerset plans to dedicate additional square footage for these designed spaces in 2020.

The recently signed tenants include:

• Avlino Inc., a software company that designs, develops, and delivers industry-specific AI-powered solutions that focus on resolving pain-points within organizations.

• Beverage Works, the largest Red Bull distributor in the world, servicing the greater New York and New Jersey territories since 2000.

• Edward Jones, a full-service financial services firm offering a complete range of investments and services to individual investors through its branch network of more than 14,000 locations.

• Fairview Funding LLC, an organization operating in the factoring services industry.

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