Cover Story
As towns push fair share plans, developers face an interesting twist
Along with a new opportunity, a potential statewide push for affordable housing comes with a touch of irony for developers like Pennrose.
A new lease on life: Prism, local officials prepare for ‘next chapter’ of Roche campus
The resurrection of the Roche property in Nutley and Clifton is well underway — and Prism Capital Partners is already seeing tangible signs of the promise that its sprawling campus holds.
Not your average fixer-upper: Prism plans major renovations at remaining Roche buildings
For all the appeal of the five modern, institutional-grade office and R&D buildings that were left standing on the former Roche campus, there is still work to be done. In fact, Prism Capital Partners is planning a multimillion-dollar renovation at three of the buildings.
Turnkey R&D space, utility plant fueling interest from tenants
The planned Seton Hall-Hackensack Meridian School of Medicine is undoubtedly driving much of the interest at the former Roche campus. But it’s certainly not the only attraction.
Global appeal: Foreign investors see new opportunity in New Jersey
As an investment opportunity, 800 Scudders Mill Road checked just about every box. A state-of-the-art, trophy office complex that was only three years old. A prime location just outside Princeton. And, perhaps most important of all, a net lease with a blue-chip, global pharmaceutical giant, Novo Nordisk Inc., with a longstanding presence in the market.
