Prism gets go-ahead to build next-gen healthcare building

Construction is scheduled to begin in the first quarter of 2021 on a build-to-suit medical office building at Prism Capital Partners’ ON3 campus. The firm received final site plan approval this fall for the 80,000 s/f facility, which has been pre-leased by Hackensack Meridian Health.

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ROI Influencers: Real Estate 2020

Involved in a number of multifamily projects, but securing Eisai (and up to 1,200 employees) as an anchor tenant at the Roche tower in its ON3 project in Nutley-Clifton is the biggest office deal of the year.

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Multifamily Influencers

The year 2020 has been a long and hard slog for everyone, including the experts in the multifamily field. To be sure, apartments have weathered the pandemic relatively well, holding onto their private-market value and staying relatively flush with capital thanks in part to the GSEs.

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