Top News
Onyx rebrands Merck campus in Kenilworth, plans full marketing push at BIO conference

Onyx Equities has revealed new details of its plan for the 2 million-square-foot former Merck & Co. campus in Kenilworth, as it prepares a broad campaign to attract life sciences and biotechnology firms seeking both turnkey space and new ground-up facilities.

Events
Join us June 7 for The Newark Redevelopment Update

Despite billions of dollars in new investment, Newark still trails the likes of Jersey City, Hoboken, Harlem and Brooklyn Heights, which have been transformed by redevelopment and an influx of new residents. When will it finally happen? What still needs to be done?

Hear from the developers and insiders behind the city’s most important commercial real estate projects, as they tackle those questions and more in this must-attend event.

Community
Russo, Saraceno among honorees as Meadowlands YMCA raises $846,000 for food pantry

Two of the state’s leading developers were among the honorees last week as the Meadowlands Area YMCA marked a fundraising milestone for its food pantry program.

Health Care & Education
Demand for lab, R&D space in New Jersey still surging as developers hunt for new supply

Turnkey, high-end life sciences space remains in high demand in New Jersey, creating an opportunity for owners of the state’s few remaining legacy pharmaceutical campuses or those that can find other ways to create new space without building speculatively.

Office
Onyx lands 290,000 sq. ft. lease in Summit for J&J consumer health spinoff headquarters

Johnson & Johnson’s highly anticipated consumer health spinoff is leasing 290,000 square feet of office and laboratory space in Summit, in a deal that will activate a campus recently acquired by Onyx Equities.

Photos
Rock Brook supports leukemia, lymphoma research in ‘Big Climb’ event at One Gateway

The state’s commercial real estate industry turned out last week at the new-look One Gateway Center in Newark, the host of the annual Big Climb event, helping to raise more than $58,000 in support of The Leukemia & Lymphoma Society.

Editor’s Note
Supply search

Our April edition highlights the ongoing demand from established pharmaceutical firms, startups and a growing pool of international users for high-quality, turnkey laboratory and manufacturing space in New Jersey — and the opportunity for landlords that can provide it.

Office
Karafiol, longtime Onyx executive, joins JLL agency team in New Jersey

A key executive with Onyx Equities has returned to brokerage, joining JLL as an executive vice president with the firm’s New Jersey team.

Office
JLL: Buyer wanted for Three Gateway in Newark, amid ongoing overhaul of iconic complex

Three Gateway Center, one of four buildings in Newark’s revamped Gateway complex and the home of more than 500,000 square feet of office space, is on the market for sale.

Top News
Onyx, Machine Investment Group buy 2 million sq. ft. Merck campus in Kenilworth

Merck & Co. has sold its 108-acre campus in Kenilworth to a joint venture of Onyx Equities and Machine Investment Group, with plans to lease back the nearly 2 million-square-foot complex while it relocates in phases over the next several years.