Bell Works Fort Monmouth at 1 Commvault Way in the Tinton Falls section of Fort Monmouth — File photo/Courtesy: Rotwein+Blake
By Joshua Burd
A major deal with Jersey Mike’s Subs isn’t the only lease at the new Bell Works Fort Monmouth, where tenants have committed to more than 222,000 square feet in less than a year.
The sandwich chain, which was founded at the Jersey Shore and long based in Manasquan, has taken 72,326 square feet of office space at the campus under a previously reported deal with Inspired by Somerset Development. The new corporate headquarters will open alongside a 2,286-square-foot Jersey Mike’s retail location, as the landlord noted last week as it detailed a flurry of tenant activity at the former Commvault property in Tinton Falls.
Lindsey Florio of Inspired by Somerset Development played an active role as lease administrator throughout the transaction. NAI James E. Hanson’s Jeff Garibaldi, Tara Keating and Phil Mylod represented Bell Works Fort Monmouth, while Nick Pistolakis of Lakis Commercial represented Jersey Mike’s.
“With companies rethinking how and where their employees work, there is a growing demand for environments that offer much more than just office space,” said Ralph Zucker, CEO and president of Inspired by Somerset Development. “We’ve been able to transform the single-tenant underutilized campus into a true community-driven destination. The leasing momentum at Bell Works Fort Monmouth continues to build, and welcoming a household name like Jersey Mike’s is a great next chapter for us.”
The company announced last week that Bell Works Fort Monmouth, the 276,900-square-foot office building that it acquired last year from Commvault, is now roughly 88 percent leased. That comes amid a plan to repurpose the property as a new phase of its landmark Bell Works campus in nearby Holmdel, catering to tenants seeking high-quality, experiential office and retail spaces with extensive amenities and offerings for employees.
That includes Commvault, a publicly traded cybersecurity firm, which has leased back 101,878 square feet. Inspired has also leased 13,087 square feet to Sax LLP, the accounting and advisory firm, and 10,998 square feet to the New Jersey Economic Development Authority and Fort Monmouth Economic Revitalization Authority, two key state agencies.
Other deals are as follows:
- Soluna Fitness, a yoga and Pilates studio offering a wide range of wellness offerings, leased 8,387 square feet.
- Bell Market, a culinary destination offering a diverse selection of food and beverage options, leased 5,000 square feet.
- OlenderFeldman LLP, a multidisciplinary law firm, leased 2,812 square feet.
- Booz Allen Hamilton, a global consulting firm, leased 2,116 square feet.
- Foley Prep, a transportation and logistics company, leased 1,359 square feet.
- SERHANT, a real estate brokerage and media company, leased 1,358 square feet.
- Munimatrix Inc., a government and municipality data platform, leased 719 square feet.
Bell Market, which was introduced at Bell Works Holmdel and later expanded to Bell Works Chicagoland, will open at the Fort Monmouth location this month, according to a news release. The concept offers a diverse mix of food and beverage options, weekly programming and private event space, further activating the campus and serving as a key component of Inspired’s “Metroburb” model.
The firm also touted the property’s event space and conference center, which serves everything from corporate meetings and conferences to weddings and special celebrations. Designed to be flexible and inviting, the venue accommodates up to 250 guests and has floor-to-ceiling windows, an outdoor patio and on-site catering.
Bell Works Fort Monmouth, with a focus on flexible office solutions, continues to market “Ready-To-Wear” office suites with turnkey spaces ranging from 700 to 3,000 square feet. Larger full-floor layouts range from 10,000 to more than 30,000 square feet.
The building also includes coLab, Bell Works’ official coworking concept, offering flexible workspaces such as shared and dedicated desks, private executive offices and team suites, the news release said. Since the campus’ rebrand, coLab has had significant leasing activity in its temporary space, with 90 percent of current private offices leased.
