A physician is expanding its practice with the purchase of a 3,050-square-foot medical office building in Nutley, in a newly announced deal by Midtown Commercial Realty.
Prism Capital Partners has moved its headquarters within its flagship ON3 campus, making way for the global pharmaceutical firm that will occupy the site’s distinctive 15-story office tower.
Prism Capital Partners has sold a 157,000-square-foot life sciences building at its ON3 campus, in a sign of investor appetite for modern lab and research and development space.
Office leasing in New Jersey rebounded modestly in the third quarter, even as the pandemic continues to weigh on the market and fuels a sizable uptick in availabilities.
The developer of a 108-unit apartment building in Nutley has sold the property for $19 million, in a newly announced transaction by Gebroe-Hammer Associates.
A global pharmaceutical company is moving its U.S. headquarters to Prism Capital Partners’ ON3 campus, having signed a full-building lease for the site’s landmark 15-story office tower.
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.
Prism Capital Partners is doing its part to help the health care community in the fight against COVID-19, having donated a trove of critical safety gear found at its flagship ON3 campus.
