10Y UST4.74%+1.07%30Y MTG6.65%-0.30%SOFR3.65%VNQ$99.13+0.03%XLRE$45.36+0.07%FED FUNDS3.63%
Real Estate Trail
Institutional Press Wire
REBusiness Online · Office

Jersey Mike’s Signs 72,326 SF Office Headquarters Lease in Tinton Falls, New Jersey

Via REBusiness Online · August 25, 2026
Compiled by Real Estate Trail Editorial · August 25, 2026

Why this matters

Office continues to trade in two distinct markets: trophy assets in walkable submarkets that are leasing at or near record rents, and commodity Class B and C buildings where the basis is still resetting. Underwriting on the latter has moved toward replacement-cost-minus, with credit underwriting now leaning on tenant covenant and remaining lease term rather than mark-to-market expectations. For LP-positioned capital, the read-through is that the bifurcation is now a structural feature of the sector, not a cycle to wait out.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

  • Disclosed office deal value tracked in August 2026: $15.5B across 57 reported transactions. All Office coverage

Computed from Real Estate Trail’s own tracked coverage

Excerpt from REBusiness Online:
TINTON FALLS, N.J. — Jersey Mike’s has signed a 72,326-square-foot office headquarters lease near the Jersey Shore in Tinton Falls. The space is located within Bell Works Fort Monmouth, a redevelopment of the former h…
Read the full article at REBusiness Online

External link. Real Estate Trail does not republish source content.

Related coverageOffice