Wall Street Journal: WorkWave Leases 72K SF At Bell Works
As a company that hires lots of recent college graduates, WorkWave CEO Chris Sullens described the motivation for the decision saying, “we saw it as a way to not only retain people but to attract people who are commuting into the city and give them an alternative. We thought this was a great way to take our environment, supersize it, if you will, and put it in a place that had a whole bunch of amenities around it”
To date, there have been roughly 200,000 square feet of office space leased at Bell Works to a range of tenants, including tech firms. Somerset Development president Ralph Zucker says that he expects to have 500,000 square feet leased to office tenants within two months.
“It’s validating our concept of creating an urban hub in a suburban location,” Mr. Zucker said.
WorkWave has an option to take another 72,000 square feet by 2020, a strong possibility given the company’s current pace of expansion. The company, which has 220 employees in a handful of cities, has grown from 38 New Jersey positions to 166 in the state today.
“Very few buildings had enough square footage and are designed in a way that could fit the way we work,” Mr. Sullens said.
The Garibaldi Group is the exclusive office brokers representing the building, lead by the team of Jeff Garibaldi, Tara Keating and Kyle Mahoney. For questions and inquiries please contact them at 973-507-0369, or email Tara Keating.
For the complete Wall Street Journal article on the lease, please click here.