A joint venture has closed on a $64 million loan for its plans to convert a historic Wonder Bread factory in Hoboken into an 89-unit luxury residential building.…
Prism completes site plan, eyes start of construction for Woodbridge rental project
Prism Capital Partners is poised to move forward with its redevelopment of five acres in downtown Woodbridge, where it’s planning a mixed-use project with more than 230 apartments.…
Prism unveils plans for Ralph Lauren building in Nutley
Prism Capital Partners has detailed its plans for the Nutley office building that will become home to Ralph Lauren Corp., the latest tenant to commit to its 116-acre ON3 campus.…
Incentive program enters final year, drawing concern from CRE sector
With the Grow New Jersey program set to expire in less than a year, the prospect of losing the incentive is already weighing heavily on the state’s commercial real estate market.…
Prism gains full approvals, expects to begin Morristown office project
Prism Capital Partners is set to begin construction on a plan to modernize and add two stories to an office building in downtown Morristown, bringing a much-needed infusion of high-end space.…
Reinvention of historic Edison complex nearly complete, as first residents move in
The long-awaited project known as Edison Village is nearing completion and already welcoming residents to its first phase: a new three-story, 34-unit building known as Edison Mews. In the coming month…
Roadway, utility upgrades underway at Prism’s ON3 campus
Prism Capital Partners has launched nearly $10 million in roadway and utility upgrades at the former Hoffmann-LaRoche campus in Nutley and Clifton, as it prepares to welcome new tenants to the 116-acr…
Finding new life: Young pharma, biotech firms offer second chance for New Jersey’s legacy R&D space
A growing pipeline of young life sciences firms has offered a second chance for New Jersey’s stock of legacy laboratory space. In the process, the ventures have served as anchors for developers …
Prism touts 65,000 sq. ft. in leasing at Bloomfield office park
A four-building, 380,000-square-foot office park in Bloomfield is nearing 90 percent occupancy after a flurry of new leases and renewals.…
Rutgers, Monmouth students set to weigh in on Roche campus at NAIOP program
Less than a month after hosting a forum for local residents and other stakeholders, the former Hoffmann-LaRoche campus will welcome aspiring commercial real estate professionals.…