Prism Capital Partners is set to reposition a former bank headquarters in downtown Rutherford after acquiring the 40,000-square-foot building, in a deal arranged by Cushman & Wakefield.
Prism Capital Partners has obtained nearly $6.3 million in financing for its purchase of a 53,000-square-foot mixed-use building and parking garage in Rutherford.
Every year has its ups and downs. Every market has highs and lows. Both were true when it came to New Jersey’s commercial real estate sector in 2021, a year that marked ongoing dominance for some asset classes, as COVID-19 continued to loom over others. Whether those trends endure in 2022 remains to be seen, but we’ve recruited some of the industry’s most prominent developers, service providers and insiders to help set the stage. You can find their predictions, insights and more in our special 2022 Market Forecast.
Prism Capital Partners is planning a spring delivery for the first two buildings at a new luxury residential complex in Dunellen, the developer announced last week.
Prism Capital Partners has rented 50 percent of its new 232-unit luxury apartment building in downtown Woodbridge, hitting the milestone in less than three months.
A joint venture has reached a milestone in its conversion of a historic factory in Hoboken, having sold more than half of the 83 luxury condominiums that are now available at the site.
Three new retail tenants are coming to Edison Village, the recently opened, mixed-use property at the site of a historic Thomas Edison factory complex in West Orange.
The UPS Store is coming to the base of a luxury apartment complex in downtown Woodbridge, marking the second retailer at the newly completed property by Prism Capital Partners.
Prism Capital Partners has added a vice president of construction to support its growing pipeline of ground-up projects.