Jersey Mike's Subs Leases 68,750 Square Feet At 1 Commvault Way Tinton Falls

An office property located at 1 Commvault Way in Tinton Falls, featuring a total square footage of 68,750, has been leased. This property is part of the Bell Works Fort Monmouth campus owned by Inspired by Somerset Development.

Summary of transation details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 1 Commvault Way
• Market: Tinton Falls
• Landlord: Ralph Zucker - Inspired by Somerset Development
• Tenant: Peter Cancro - Jersey Mike's Subs

This transaction is noted as one of the largest office deals in Q1 2026. Jersey Mike's Subs' leasing of roughly 70,000 square feet at this location is driven by the company's preparations for an IPO, following Blackstone’s reported $8 billion majority stake acquisition.