Somerset Development
Are Suburban Offices Strengthening Their Comeback?
Urbanization will be the biggest trend for these spaces, predicts Ralph Zucker of Inspired by Somerset Development.
Suburban New Jersey’s Future Takes Shape
Somerset Development’s Ralph Zucker tells the story of Somerville Station, the largest mixed-use development ever approved by the borough of Somerville, N.J.
Top 5 Markets for Office Construction Activity
More than 145 million square feet was under construction across the U.S. as of June. Here are the top-performing metros for development, based on Yardi Matrix data.
Leasing Surge Hits New Jersey’s Bell Works
With the signing of 16 new tenants, the office space at the 2 million-square-foot former Bell Labs campus is more than 90 percent occupied.
Somerset Buys Former Chicago-Area AT&T Campus
Together with partner Triangle Capital Group, the company will transform the 150-acre property in Hoffman Estates into a self-contained urban core following its unique ‘Metroburb’ concept.
Millennials Define the New Wave of Metroburbs
Young professionals hope to replicate the connectivity and creativity of urban office spaces in the suburbs. Finding out what they want, and delivering that product, is a challenge and an opportunity for real estate brokers.
Record-Setting Skylight Rings a Bell
The nation’s largest such solar installation crowns a reinvented New Jersey landmark.
Bell Works Lands $70M in Financing
Somerset Development is transforming the two million-square-foot property into an indoor “downtown area” with retail on the ground floor, office and hotel on the upper floors, as well as single-family and townhomes.
Guardian Life Signs 90 KSF NJ Lease
Guardian Life Insurance Co. relocated to a 90,000-square-foot space at Bell Works, New Jersey’s hottest multi-use space. The Garibaldi Group’s Jeff Garibaldi, Tara Keating and Kyle Mahoney arranged the 15-year lease.
Bell Works to Receive US’s Largest PV Glass Skylight
The installation will naturally illuminate the historic complex while generating free, clean solar energy.