SOSV Signs 10-Year Lease In Newark, Vonage Moves HQ To Bell Works

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SOSV Signs 10-Year Lease In Newark

  • Princeton-based venture capital firm SOSV has signed a 10-year lease for a 35,000-square-foot space at 707 Broad Street in Newark
  • The space will serve as the U.S. Headquarters of the company’s HAX hard tech accelerator.
  • HAX is expected to build out the space with attractive areas for startups to work plus the equipment needed by engineers working there to prototype their technologies.
  • Five startup companies are already engaged in the program at HAX’s temporary quarters in Newark, which are in the same building.
  • Last year, Governor Phil Murphy announced that the New Jersey Economic Development Authority (NJEDA) would match SOSV’s $25 million investment, bringing funding for the project to $50 million. 

Vonage Moves HQ To Bell Works

Bell Works building | Courtesy Bell Works
  • Vonage, a global cloud communications company that helps businesses accelerate their digital transformations, has moved its headquarters to Bell Works in Holmdel, a few minutes from its long-time company headquarters, also in Holmdel.
  • The company is moving to Campus, a flexible workspace within Bell Works.
  • “Holmdel has been our home for more than a decade, and we remain committed to this community,” said Stephen Lasher, CFO at Vonage.
  • “Like many companies, in the past two years we have moved to a hybrid working environment,” he added.
  • “The dynamic, creative, and tech-focused space at Bell Works will allow us to continue to expand right here in New Jersey as we continue to work toward making Vonage a top company for great talent,” Lasher said.

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