The developer of more than 129,000 square feet of new industrial space in Tinton Falls has tapped Zimmel Associates as its leasing team for the property.
Inspired by Somerset Development has acquired the Tinton Falls headquarters of cybersecurity firm Commvault, with plans to repurpose the building as a new phase of its landmark Bell Works campus in nearby Holmdel.
Despite a week of bad headlines for the coworking industry, the world’s largest provider of flexible workspaces is in the midst of a major expansion in New Jersey.
Data management giant Commvault is selling and leasing back a fraction of its 275,000-square-foot headquarters in the Tinton Falls section of Fort Monmouth, it said this week.
The state has completed its sale of a 36-acre parcel at Fort Monmouth — the onetime home of a Cold War-era research complex — where plans call for a long-awaited, sprawling health care campus to be operated by Monmouth Medical Center.
The owner of a plumbing and heating supply business has sold a 33,000-square-foot industrial building in Tinton Falls for $5.4 million, brokers with Zimmel Associates announced.