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39°
Monday, nov 25
Tag:
Prism Capital Partners
Business
Starbucks Now Open At New ON3 Campus, Report Says: See The Renderings
ON3 is shaping up. A brand-new 2,500-square-foot Starbucks has opened at the mixed-use property, which spans Clifton and Nutley, purchased by Prism Capital Partners nearly a decade ago, as first reported by NorthJersey.com. The outlet says that the Starbucks is located off Route 3 and the main highway access road to Metro Boulevard. The 118.7-acre property formerly home to Hoffmann-La Roche sits across both Clifton (67.39 acres) and Nutley (51.31 acres), according to an update on the project from Prism Capital Partners last July. "The current commercial and academic occupants of the…
Real Estate
ON3 Flagship Tower Sells For Whopping $132 Million
A massive office tower on a Nutley campus has sold for $137 million, Prism Capital Partners announced last week. The 300,000-square-foot tower is located at 200 Metro Blvd., and is part of the ON3 mixed-use campus that straddles Nutley and Clifton. It's served as Eisai Inc.’s corporate headquarters since 2020, following a renovation. Prism acquired the former Hoffmann-LaRoche research campus on Route 3 in 2016 and repurposed it, dubbing it "ON3." The real estate development firm reportedly has more expansion plans. The building was purchased by Cantor Fitzgerald, and is…