Top News
State officials promise a proactive approach to repurpose Bell Labs campus in Murray Hill

The news that Nokia Bell Labs will build a new research and development hub in downtown New Brunswick — ensuring that it remains in New Jersey — was undoubtedly triumphant. But it was not lost on Gov. Phil Murphy that the company would be leaving its home of more than 80 years in the Murray Hill section of Berkeley Heights and New Providence.

Technology
Nokia to open new 360,000 sq. ft. facility in New Brunswick by 2028, eyeing ‘the next 100 years’ of its historic Bell Labs research arm

Nokia Bell Labs will break ground in 2025 on its new 360,000-square-foot facility in downtown New Brunswick, executives said Monday, as they hailed a project that will allow it to remain at the forefront of innovation while boosting its appeal for the state’s future talent pool.

Office
Nokia Bell Labs moving to New Brunswick as sole tenant at new 360,000 sq. ft. research, office tower at city’s HELIX campus

One of New Jersey’s most iconic technology companies is headed to New Brunswick, where it will occupy a new lab and office building that’s slated to include some 360,000 square feet.

Government & Public Policy
Demand for studio space still growing in New Jersey, as officials move to expand opportunities

New Jersey’s fast-growing film and television industry has created a boom in studio construction and a new market for commercial spaces that can serve as set locations, as state officials take new steps to help more municipalities reap the benefits.

Government & Public Policy
Somerset Development marks milestone for Bell Works, provides $5.2 million to Holmdel

Somerset Development announced that it has provided more than $5 million to the township of Holmdel, fulfilling a redevelopment agreement tied to the acclaimed transformation of the iconic former Bell Labs facility into the 2 million-square-foot, mixed-use Bell Works campus.

Top News
Bell Works: Zucker recounts shutdown of iconic complex, eyes reopening after COVID crisis

The coronavirus crisis has upended Bell Works, one of New Jersey’s most complex and high-profile adaptive reuse projects in recent memory, as it was nearing the peak of its success. The developer behind the landmark project is now navigating this latest challenge.

Office
Bell Works touts 16 new leases, 90 percent milestone for office space

More than a dozen new tenants have joined the roster at the mixed-use Bell Works project in Holmdel, bringing overall office leasing at the complex to more than 90 percent.

Professional Services
Somerset taps boutique firm to oversee retail marketing at Bell Works

Somerset Development has hired a real estate marketing firm to help lure new visitors to the growing slate of retailers, restaurants and services at its landmark Bell Works project.

Events
Monmouth to honor Zucker, Marchetta at annual real estate dinner

Monmouth University will honor Ralph Zucker and Anthony Marchetta at its upcoming real estate awards dinner, adding to the list of industry leaders to be highlighted at the annual event.

Office
Somerset acquires ex-AT&T campus, plans second Bell Works near Chicago

Riding the success of its Bell Works project — the adaptive reuse of the landmark Bell Labs campus in Holmdel — Somerset Development is taking its show on the road.