A new office and innovation campus is taking shape in East Hanover, with sweeping exterior upgrades now complete and additional updates underway as New Vernon Equities breathes new life into a piece of a legacy pharmaceutical campus.
New Vernon Equities has acquired 350,000 square feet of high-end office space at the former Novartis Corp. campus in East Hanover, with plans to incorporate the buildings into a larger development that caters to firms in life sciences and other innovation sectors.
The developer of a nearly 76,000-square-foot industrial building in East Hanover has secured $15 million in permanent financing, according to a debt placement team with JLL.