HOLMDEL, NJ—The two-million-square-foot Bell Works project here is close to naming a large office tenant from the tech sector that will take up about 200,000 square feet, as part of the overall $100-million readapative-reuse project, Ralph Zucker, president of Somerset Development, tells GlobeSt.com.
Additionally, the developer is in talks with several retaurant and food concepts; a gym and a hotel and conference space are also planned. "We don't have names that we can release," Zucker says of potential tenants. "There is a huge amount of interest on the restaurant and food."
The one tenant that been named so far is Community Health Associates. Their contracct allows the company to take anywhere from 100,000 squre feet to 400,000 square feet of medical office, and they will likely begin to move in October. A total of 750,000 square feet of office is planned for the total development.
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