Somerset Development has achieved a remarkable 99% occupancy rate at Bell Works New Jersey and Chicagoland, leasing over 120,000 square feet of commercial space. The leases include expansions, extensions, and new agreements with notable companies such as Vydia, MACOM, LeagueMed Enterprises. According to Inspired by Somerset Development CEO Ralph Zucker: “As we celebrate the 10-year anniversary of our Holmdel metroburb in 2023,I am immensely proud of the successful leasing at both Bell Works locations.” These spaces continue to exceed industry standards and defy trends due to their high-design and amenity-rich offerings.

U.S. Office Sector Faces Rising Risk as $289B in Loan Maturities Near 2028
New research from Yardi Matrix indicates that the U.S. office sector is heading into a period of elevated refinancing pressure

