Real Estate Journal — Central New Jersey — May 12 - 25, 2017 — 7B
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M id A tlantic
C entral N ew J ersey
Newmark Grubb Knight Frank’s Greiner serves as the local brokerage resource The Garibaldi Group represents Somerset Development in 90,000 s/f office lease H olmdel, NJ — Somerset Develop- ment announced a
launched its innovative plat- form; and vi Collaboration Hub, a co-working space and networking group for technol- ogy companies and innovators in the region. Bell Works’ leasing momen- tum comes on the heels of its latest plans to house the Hol- mdel Township Library and Learning Center, which will feature a host of upgrades, including new educational programs and services, as well as updated technological infrastructure and a museum dedicated to preserving the building’s unique history. n
Other prominent commercial tenants include: Acacia Com- munications, a recognized optical transmissions manu- facturer; Jersey Central Power and Light; MetTel, a NewYork City-based telecommunica- tions firm; McCann Systems LLC, a national audiovisual company; NVIDIA Corpora- tion, a publicly traded multi- platform technology firm; Spirent Communications, an international telecommunica- tions firm; Suttons Interna- tional, a worldwide logistics company; Symbolic IO, a data storage company that recently
new lease agreement with The Guardian Life Insurance Com- pany of America (Guardian), one of the nation’s largest mu- tual life insurers and a leading provider of employee benefits, who will occupy 90,000 s/f at Bell Works, the revitalization of the renowned two-million s/f Bell Laboratories into the iconic “metroburb” located in Holmdel as of 2018. Jeff Garibaldi , president, Tara Keating , vice presi- dent, and Kyle Mahoney , associate vice president, of The Garibaldi Group – Bell Works’ office leasing agency – represented Somerset De- velopment in the transaction. T ed Uzelac , president of FISCHER and Guardian’s corporate real estate services partner, represented Guard- ian in the transaction, with Newmark Grubb Knight Frank executive managing director Tim Greiner serv- ing as the local brokerage resource. “Welcoming Guardian to Bell Works is significant to the building’s breadth of next-lev- el organizations”, said Ralph Zucker , president of Somerset Development. “People are at- tracted to Bell Works for its ability to foster collaboration across industries and all walks of life. As the Bell Works com- munity continues to grow and thrive, it will be comprised of those who are the best in their craft coming together to create and inspire.” “A Guardian campus at Bell Works will help us realize our workplace enhancement goals for our employees, enable us to attract talent from the New Jersey technology commu- nity and, in turn, better serve our customers,” said Andrew Schwartzberg, vice president of Enterprise Shared Services of Guardian. Guardian joins a tenant ros- ter of established companies, many of which specialize in technology, upholding the legacy of Bell Laboratories as a tech hub of innovation. Recent additions include an- chor tenant iCIMS, a lead- ing provider of innovative Software-as-a-service (SaaS) talent acquisition solutions, and a headquarters lease with cloud-based business manage- ment and fleet management solutions companyWorkWave.
Bell Works
Commercial Real Estate Brokerage
Paterson, New Jersey 106 Units plus 2 Stores Don Baxter ext 265
Marlboro, New Jersey 90 Residential Units Daniel Lanni ext 248
Long Branch, New Jersey 63 Residential Units Daniel Lanni ext 248
Sussex, New Jersey 20 Units plus 5 Commercial Joseph Keenan ext 256
Paterson, New Jersey 56,000 SF Office/Retail Michael Salomon ext 243
Englewood, New Jersey 14,600 SF Retail Andrew Scheinerman ext 247
www.kislakrealty.com 732 750 3000 The Kislak Company, Inc. Investment Sales Commercial Sales and Leasing
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