Education
NJIT opens 25,000 sq. ft. translational research center at NEST campus in Kenilworth

New Jersey Institute of Technology has officially launched a new research hub at the Northeast Science and Technology Center in Kenilworth, where it’s leasing 25,000 square feet from a joint venture that’s repositioning the former Merck & Co. campus.

Technology
Owners of NEST campus in Kenilworth launch major update of common spaces, amenities

The team behind the high-profile Northeast Science and Technology Center in Kenilworth have kicked off a multimillion-dollar renovation of the site’s anchor building, with plans to create 75,000 square feet of new amenities and common spaces for current and future tenants.

Technology
Newmark: Onyx, MIG sell portion of NEST campus to CoreWeave for $322 million

Onyx Equities and Machine Investment Group have sold a piece of the acclaimed NEST campus in Kenilworth to CoreWeave — the fast-growing cloud provider that is slated to build a data center at the property — in a deal valued at $322 million.

Top News
Onyx named first official supporter for FIFA World Cup New York New Jersey Host Committee

Onyx Equities is set to play a major role in next year’s FIFA World Cup, announcing Wednesday that it has become the first official supporter for the New York New Jersey Host Committee.

Events
‘Spirit of philanthropy’ in full focus as United Way honors Kossar alongside Crow Holdings at Carteret, NEST projects

Nearly 400 commercial real estate leaders came together last week in support of United Way of Northern New Jersey, raising $347,000 as part of a program that honored top industrial broker Rob Kossar along with two high-profile development projects.

Technology
NJIT to open 25,000 sq. ft. translational research center at NEST campus in Kenilworth

New Jersey Institute of Technology is planting a flag at the Northeast Science and Technology Center in Kenilworth, with plans to open a new research hub at the fast-growing campus.

Top News
Revlon takes 62,000 sq. ft. for R&D hub at Onyx-led NEST campus in Kenilworth

Revlon is heading to Onyx Equities’ Northeast Science and Technology Center in Kenilworth, where it will lease 62,000 square feet for its New Jersey-based research and development hub.

Technology
A.I. cloud startup CoreWeave to build $1 billion data center at Onyx’s NEST campus in Kenilworth

A new $1 billion data center is coming to the Northeast Science & Technology Center — the sprawling former Merck & Co. campus in Kenilworth — where cloud computing firm CoreWeave has signed a long-term lease with Onyx Equities and Machine Investment Group.

Health Care & Education
Onyx taps Outshine Properties as leasing, asset management partner as renovations begin at NEST life sciences campus in Kenilworth

Onyx Equities is set to begin renovations at the 2 million-square-foot former Merck & Co. campus in Kenilworth, having teamed with a known life sciences developer to spearhead its plan to upgrade and bring new tenants to the property.

Office
JLL: Life sciences still strong in New Jersey amid new office, manufacturing needs

Life sciences companies remain a leading driver of commercial real estate in New Jersey, accounting for more than a third of all office leases during the first half of 2023 and fueling a pipeline of deals for lab and manufacturing space.