Continuing to set a path for progress in downtown West Orange, Edison Lofts has reached the 95% leased mark. The announcement by Prism Capital Partners signifies another milestone for the firm’s award-winning, industrial-to-multifamily-and-retail redevelopment of the historic Thomas Edison Invention Factory and Commerce Center on Main Street.
Prism Capital Partners has received new zoning approval from the City of Clifton that accommodates limited retail uses at ON3.
The City of Clifton has granted Prism Capital Partners final site plan approval for a dual-brand Marriott AC/Element Hotel with rooftop bar at ON3, paving the way for the introduction of a hospitality component at the 116-acre flagship redevelopment.
Earthwork and utility construction is underway at Dunellen Station, marking the official groundbreaking for Prism Capital Partners’ redevelopment of the former Art Color industrial facility at 100 South Washington Avenue.
Former Rutgers University football player Eric LeGrand will open a new café in downtown Woodbridge, becoming the first retail tenant at a new development by Prism Capital Partners.
Speaking during a recent webinar, Gene Diaz recounted a call he had received only a day earlier from a prospective tenant. The user, a small life sciences company, asked if Prism Capital Partners had any vacant laboratory space at its ON3 campus in northern New Jersey.
Prism Capital Partners has secured new financing for its high-profile adaptive reuse project in West Orange, the site of more than 330 new homes and ground-floor retail space.
With high-profile projects ranging from luxury rental and for-sale multifamily, to office and mixed-use redevelopment, to turn-of-the-century industrial adaptive reuse, Prism Capital Partners continues to significantly and positively impact its regional commercial real estate market, businesses and local communities.
Prism Capital Partners has relocated its headquarters to 310 Kingsland Street at ON3, the commercial real estate owner/operator’s 116-acre flagship redevelopment spanning Nutley and Clifton.
Prism Capital Partners secured a 330,000 s/f lease with pharmaceutical company Eisai Inc. at ON3, its high-profile redevelopment of the 116-acre former Hoffmann-La Roche campus spanning Nutley and Clifton, NJ.