Inspired by Somerset Development Launches Third-Party Buildout and Tenant Improvement Services Arm
Noted Bell Works developer will help partners save time and money while creating
modern, flexible office spaces that appeal to a wide variety of modern users
HOLMDEL, N.J., March 23, 2023--(BUSINESS WIRE)--Inspired by Somerset Development (Inspired), one of the real estate industry’s foremost innovators in large-scale mixed-use redevelopment, today announced the launch of its Third-Party Buildout and Tenant Improvement Services for tenants in the office sector.
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Among Inspired’s recent successes was the buildout of a 26,615-square-foot office space at Bell Works New Jersey for CentralReach, a leading provider of electronic medical record (EMR) software and services for applied behavior analysis (ABA) and related behavioral health practices. CentralReach was designed by Paola Zamudio, npz studio+, architecture by G3, and construction by Inspired by Somerset Development. (Photo credit: Jonathan Hokklo)
Led by Executive Vice President David Schreiber, Inspired will leverage both its in-house team and network of experienced architects, engineers and designers who are aligned in their ability to proficiently navigate the complex design and construction processes to create modern, highly flexible workspaces that cater to the evolving needs of today’s office tenants. Its expertise includes the creation of traditional workspaces, medical offices, laboratories and tech firms, with solutions also available to subletting tenants through a direct deal with Inspired.
Inspired is based in Holmdel, N.J. and offers its third-party buildout and tenant improvement services to tenants throughout the Tri-State Area.
"Today’s office owners and tenants alike are hyper-focused on project timelines and bottom lines as they look to create work environments that can cater to and pivot the fast-evolving nature of the market," said Schreiber. "These third-party solutions will allow us to work directly with the tenant to streamline every aspect of the design and construction process to create highly desirable, turnkey office spaces. We pride ourselves on treating every dollar like it was our own dollar and strive to complete each project in a timely and affordable manner. In a market where time and money are paramount, Inspired is offering its proven redevelopment expertise to bolster the success of office construction for companies of all sizes."
Inspired’s success to date as a third-party buildout and tenant improvement manager has been driven by its success creating Bell Works, the country’s first ‘metroburb’ — a self-contained metropolis in suburbia — for the past decade by successfully transforming the abandoned 2 million-square-foot Bell Labs facility in Holmdel, N.J., into a thriving ecosystem of technology, traditional office, retail, dining and hospitality.
In addition to Bell Works, the firm has spent years designing and developing other residential and commercial projects throughout New Jersey, leveraging a hands-on approach to obtain building permits and navigate the logistical process that often slows down other redevelopment projects.
With the launch of these new third-party services, the veteran team will offer its expertise to tenants outside its portfolio who are in need of fit-out construction within existing office spaces. Companies ranging from startups to major corporations will be able to collaborate with Inspired and receive preliminary sketches as well as projected timelines and numbers to ensure that overall budgets are adhered to and a successful outcome obtained.
Among Inspired’s recent successes was the buildout of a 26,615-square-foot office space at Bell Works New Jersey for CentralReach, a leading provider of electronic medical record (EMR) software and services for applied behavior analysis (ABA) and related behavioral health practices. The company’s staff of 300-plus workers operates on a fully remote basis but worked closely with Schreiber and the Inspired team to create a unique, collaboration-focused space it has deemed "the office of the future."
"Of all the office buildouts I have done in the past, this was the most seamless by far. The project was tightly managed, came in under budget, timelines were met if not beat and we were able to leverage Inspired’s relationships on the architectural, design and furniture end to achieve great pricing with best-in-class vendors," said Nicole Trivigno, Senior Manager of Global Workplace and Employee Experience at CentralReach. "I could go on and on about how happy we are with our space at Bell Works. Inspired always had our best interest at heart, and I look forward to partnering with them on additional projects in the future."
Inspired’s long history of representing office owners as well as tenants ensures the efficient navigation of both sides of the buildout process. The company’s portfolio includes 3.8 million square feet of reimagined office space at the two Bell Works locations in Holmdel, NJ, and Hoffman Estates, IL, where it has completed more than 1 million square feet in tenant buildouts to date. Past redevelopment projects include the in-house coworking space ‘coLab’, which maintains space in both Bell Works locations.
For more information, please visit https://inspiredsd.com/
About Inspired by Somerset Development
Inspired by Somerset Development is a leading real estate developer focusing on large-scale transit-oriented and brownfield redevelopment projects, led by a team of principals with more than 40 years of development experience. The company has positioned itself as one of the nation’s foremost real estate firms specializing in innovative mixed-use and adaptive reuse projects, including the planning and development of Traditional Neighborhood Design communities that evoke a strong sense of place and reflect a distinctive character.
With several high-profile, large-scale redevelopment and development projects under construction or in the planning stages, Inspired has earned a quality reputation for its unwavering commitment to excellence through responsible development practices. For more information on Inspired by Somerset Development, contact the company by calling (732) 367-2828 or via the company’s new website at inspiredsd.com.
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