HOLMDEL, NJ — Meridian Capital Group, America’s most active dealmaker, arranged $200 million in financing to refinance Bell Works, a class A office campus that was magnificently redeveloped from the historic Bell Labs scientific research center in Holmdel.
The loan, provided by a balance sheet lender, was negotiated by Meridian senior managing director, Drew Anderman, senior vice president, Josh Berman, and vice president, Eli Serebrowski, who are all based in the company’s New York City headquarters.
Located at 101 Crawford’s Corner Rd., Bell Works, formerly a research and development facility for Bell Labs and Alcatel Lucent, was designed by Eero Saarinen and has become one of the country’s most architecturally significant office buildings, serving as the site of some of the 20th century’s greatest technological advancements. The sponsor preserved the building’s original architecture while modernizing it to accommodate today’s technology tenants, including iCIMS and WorkWave, as well as other credit tenants such as Guardian Life Insurance and Jersey Central Power & Light.