News
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.
Prism Capital Nears Completion of 232-Unit Multifamily Project in Woodbridge, New Jersey
Prism Capital Partners, in a joint venture with Northwestern Mutual Life Insurance Co., is nearing completion of 10 Green Street at Woodbridge Station, a 232-unit multifamily project located south of Newark in Woodbridge.
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.
Prism: Edison Lofts opens up last block of new apartments
Prism Capital Partners announced on Thursday that it has opened up the last remaining block of new apartments to lease at its luxury rental community in West Orange.
Prism: Hoboken ‘Wonder Lofts’ condo, apartment project slated for June 2021 delivery
Prism Capital Partners is eyeing a June completion date for its conversion and restoration of a historic Wonder Bread factory in Hoboken, where it will deliver 89 new residential units.
Eisai Pharmaceuticals to Make ON3 Campus its US Headquarters
Eisai Inc., an oncology- and neurology-focused pharmaceutical company and the U.S. subsidiary of Eisai Co., Ltd., (based in Tokyo) announced the relocation of its New Jersey-based headquarters to the technologically-advanced and cutting-edge ON3 property in Nutley.
Developers weigh new lab, research projects as New Jersey market continues to tighten
After decades of consolidation by Big Pharma, a host of smaller, younger life sciences companies have found space at legacy research sites throughout the Garden State.
Best of 2019 – Best Redevelopment/Adaptive Reuse Specialist
Prism Capital Partners is one of New Jersey’s most active and respected developers focusing on the adaptive re-use and repurposing of excess corporate facilities and turn-of-the-century industrial buildings.
Best of 2019 – Most Unique Mixed-Use Project
The intersection of urban vitality and suburban flexibility sits just nine miles from Manhattan at ON3.
Best of 2019 – Best New Project Breaking Ground
Prism acquired this five-acre, former Lucas Chevrolet dealership property in Woodbridge and is transforming the under-utilized site into a luxury, mixed-use transit-oriented community.