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Office Building Sale

Real Estate
ON3 Flagship Tower Sells For Whopping $132 Million ON3 Flagship Tower Sells For Whopping $132 Million
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…

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by Cecilia Levine