Skip to content
NJ News HubNewsHub

Real Estate

Bell Works Fort Monmouth Lands $60 Million Refinance as Leasing Nears 90%

Source: Jersey Digs · Jul 20, 2026, 9:45 AM

AI-assisted briefing from the publisher’s public headline and excerpt — not original reporting. How we write briefings

Bell Works Fort Monmouth mixed-use development at former military base

Bell Works Fort Monmouth, a major mixed-use development at the former Fort Monmouth military base, has secured a $60 million bridge loan for refinancing as the project approaches 90% occupancy.

The financing, arranged by Inspired by Somerset Development, supports the ongoing leasing and development of the sprawling complex that has transformed the decommissioned base into a vibrant commercial and residential destination.

Key points

  • Bell Works Fort Monmouth secures $60 million bridge loan refinancing
  • Project nears 90% occupancy milestone
  • Development demonstrates strong leasing momentum and market demand
  • Inspired by Somerset Development continues major Fort Monmouth transformation
  • Refinancing supports ongoing mixed-use development at former military base

FAQ

What is Bell Works Fort Monmouth?
Bell Works Fort Monmouth is a major mixed-use development built on the site of the former Fort Monmouth military base in New Jersey. It combines commercial, residential, and entertainment spaces to revitalize the 140-acre property.
Who is developing Bell Works Fort Monmouth?
Inspired by Somerset Development is leading the development of Bell Works Fort Monmouth and has secured the recent $60 million refinancing to support the project's continued growth.
How much of Bell Works is leased?
The project has reached approximately 90% occupancy, indicating strong leasing performance and market acceptance of the mixed-use development.

Briefing prepared for NJ News Hub. Verify details on the original story. See our editorial policy.