Somerset Development has unveiled its plan to reopen its flagship Bell Works complex in Holmdel, providing a roadmap for office and retail tenants that were forced to leave as the COVID-19 crisis escalated in early spring.
Developers weigh new lab, research projects as New Jersey market continues to tighten
After decades of consolidation by Big Pharma, demand for modern lab and diagnostic space in New Jersey is on the rise, fueling rent growth and pushing some developers to consider new laboratory projects.
NKF: Large deals boosted Q1 office market, with COVID-19 impact now looming
New Jersey’s office market saw two major leases and a pair of blockbuster sales in the first quarter, headlining an active start to the year before the onset of the coronavirus crisis.
Hampshire, Circle Squared debut Essex medical office building alongside hospital leaders
A new medical office building has opened its doors in suburban Essex County, allowing for the expansion of services at the adjacent Mountainside Medical Center and cementing a new investment opportunity for the development team behind the project.
Hampshire, Circle Squared break ground on medical offices in Essex County (SLIDESHOW)
A development team has broken ground on a long-awaited medical office building on the border of Montclair and Glen Ridge, with the goal of expanding the footprint and services of the nearby Mountainside Medical Center.
Roadway, utility upgrades underway at Prism’s ON3 campus
Prism Capital Partners has launched nearly $10 million in roadway and utility upgrades at the former Hoffmann-LaRoche campus in Nutley and Clifton, as it prepares to welcome new tenants to the 116-acre redevelopment site.
Jersey Shore office building sold for $8.6 million
Investors have paid $8.6 million to acquire a nearly 50,000-square-foot office building in Monmouth County, according to executives with CBRE and Weiss Realty Inc.
Biotech startup commits to former Roche campus in Nutley, reports say
A biotech firm has reportedly opted to move its headquarters from Brooklyn to a piece of the former Hoffmann-LaRoche campus in Nutley, following the approval of a $32.3 million state tax credit aimed at luring the company to New Jersey.
Prism prepares for ‘next chapter’ of iconic Roche campus
An affiliate of Prism Capital Partners has closed on its purchase of the former Hoffman-La Roche campus in Nutley and Clifton, clearing the way for the developer to recreate the 116-acre site with a mix of new commercial tenants, retailers and residential development.
