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.
Several of New Jersey’s largest, most prominent life sciences complexes are now on the path toward redevelopment, with new anchor tenants in place or new owners that can reclaim the value of what was left behind.
In the most high-profile cases, a team at JLL has been right in the thick of it.
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.
By Joshua Burd JLL has bolstered its life sciences practice with the addition of John Cunningham, a broker with more than 30 years of experience in the state’s commercial real estate sector. The firm announced Tuesday that Cunningham has been…
State officials have approved a $20 million tax credit to help support the construction of a new parking and retail structure in Clifton, in what they say is a key part of the planned Seton Hall-Hackensack Meridian School of Medicine at the former Hoffman-LaRoche 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.
