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October 10, 2018   Developers Like Prism Are Turning Outdated, Out-Of-The-Way Monoliths Into Much-Sought-After Spaces
Real estate developer Edwin Cohen has been one of the biggest proponents of unlocking the potential of the state's aged, sometimes vacant and forgotten suburban megastructures.
Septmeber 27, 2018   Adaptive Reuse: Salvages Worth the Sweat
Adaptive reuse projects have enjoyed a resurgence in recent years, spurred in the multifamily sector by a shortage in skilled labor, rising construction costs, fewer reasonably priced investment opportunities in core markets, and the nation's ongoing affordability crisis.
Septmeber 13, 2018   Developers land $64 million loan for Hoboken 'Wonder Lofts' project
A joint venture has closed on a $64 million loan for its plans to convert a historic Wonder Bread factory in Hoboken into an 89-unit luxury residential building.
Septmeber 7, 2018   Parsippany welcomes MANE USA Corporate Headquarters
On Thursday, September 6, The Township of Parsippany-Troy Hills welcomed MANE USA, Fragrance Development Center, to the township.
Septmeber 6, 2018   Prism Capital Partners Opens 300-Unit Multifamily Community in New Jersey
Prism Capital Partners has opened The Residences at Edison Lofts, a 300-unit multifamily community in West Orange.
July 30, 2018   Prism Gains Full Approvals, Expects To Begin Morristown Office Project
Prism Capital Partners is set to begin construction on a plan to modernize and add two stories to an office building in downtown Morristown, bringing a much-needed infusion of high-end space.
July 13, 2018   West Orange's Edison Village Ushers in Modern Brand Of Luxury Living
A new brand of modern, amenity-filled living awaits at Edison Village in West Orange.
June 12, 2018   Reinvention Of Historic Edison Complex Nearly Complete, As First Residents Move In
At one point, the plans for restoring and converting the historic Thomas Edison factory complex in West Orange called for hundreds of spacious, well-appointed luxury condominiums.
June 1, 2018   New Medical School Debuts as Anchor of Roche Redevelopment
New Jersey's first new private medical school in 50 years occupies a cutting-edge facility, according to officials. There are no huge lecture halls, but rather numerous "learning studios" where students will cluster in small groups, each with their own video screen.
May 28, 2018   ON3, former Roche campus in Nutley/Clifton, takes another step toward completion
Road and infrastructure work has begun at the ON3 project, the former Hoffmann-La Roche campus in Nutley and Clifton, according to developer Prism Capital Partners.
May 17, 2018   NJ Towns Must Adapt to New Development Trends, Panel Says
The "frenzy" sparked by Amazon's search for a second headquarters site shows just how tough the competition for jobs has become, and New Jersey towns must adapt to that cutthroat real estate environment, according to a local developer at a conference Thursday.
May 10, 2018   Forward-Thinking Suburbs Ripe For Growth
Over the last several weeks, I have received quite an education from experts consultants, demographers, planners, architects and academics on the relentless changes advancing our way and what they may mean for New Jersey.
May 1, 2018   Angelo, Gordon & Co., Prism Capital to Redevelop Former Wonder Bread Facility
Angelo, Gordon & Co. and Prism Capital Partners have unveiled plan to recapitalize and redevelop a form industrial facility in Hoboken as an 89-unit apartment property with 10,000 square feet of indoor and outdoor amenity space as well as a street level retail space for $120 million.
May 2018   New Luxury Lofts Come to West Orange
The Mews at Edison Lofts is now open!
April 25, 2018   Redevelopment Can Bring New Jersey's Outdated Areas Into The 21st Century
All over New Jersey, swaths of land have been sitting vacant, underutilized or obsolete. To developers, many of these represent opportunities to create modern neighborhoods that are scarce in the state.
April 11, 2018   Prism putting finishing touches on Edison Lofts building at Edison Village in Downtown West Orange, N.J.
This spring, Prism Capital Partners' is putting the finishing touches on the Edison Lofts building at Edison Village, its industrial-to-residential redevelopment of the historic Thomas Edison Invention Factory and Commerce Center in West Orange, N.J.
March 26, 2018   Rutgers, Monmouth students set to weigh in on Roche campus at NAIOP program
Less than a month after hosting a forum for local residents and other stakeholders, the former Hoffmann-LaRoche campus will welcome aspiring commercial real estate professionals.
March 13, 2018   Hoboken project gets $120 million recap from Prism, Angelo Gordon
Angelo, Gordon & Co. and Prism Capital Partners have stepped in to help complete a plan to convert a former Wonder Bread factory in Hoboken, bringing a $120 million recapitalization to the stalled residential project.
March 8, 2018   Reshaping Roche campus with millennials in mind
Food, fitness and fun.
March 5, 2018   On-site Leasing Center Now Open for The Mews at Edison Lofts in Prism's Edison Village in West Orange, N.J.
The on-site leasing center is now open at The Mews at Edison Lofts in Edison Village, Prism Capital Partners' industrial-to-residential redevelopment of the historic Thomas Edison Invention Factory and Commerce Center in West Orange, N.J.
February 2, 2018   ON3 Growing, Says Mayor, And Nutley Will Benefit
Prism Capital Partners, the real estate investment company that purchased 116 acres left behind following the departure of the Switzerland-based, Hoffmann-La Roche pharmaceutical company, is asking the Nutley and Clifton communities what they want to see fill the empty remains.
January 23, 2018   Prism Set To Begin High-end Office Project in Downtown Morristown
A rare infusion of new Class A office space is coming soon to downtown Morristown, as a developer prepares to begin a project that will deliver about 50,000 square feet to the central business district.
December 2017   Developer Completes Purchase Of Tifa Site
Prism Capital Partners has officially purchased the Tifa site on Division Avenue in Millington.
December 15, 2017   First Phase of Edison Makeover Nears End
Exterior building restoration is nearing completion at Edison Village, Prism Capital Partners' industrial-to-residential redevelopment of the historic Thomas Edison Invention Factory and Commerce Center in West Orange.
November 15, 2017   Prism's Cohen, Edison Village Featured at Governor's Conference on Housing
Quest Diagnostics and Ralph Lauren could be among the newest tenants at the former Hoffmann-LaRoche campus in Clifton and Nutley, now known as ON3, following the approval of $88 million in tax credits to support more than 500,000 square feet of activity at the site.
November 14, 2017   Quest, Ralph Lauren Eye Projects At Ex-Roche Campus On Route 3
Prism Capital Partners' Edwin Cohen spoke on a redevelopment-focused panel at the prestigious Governor's Conference on Housing and Economic Development this fall.
October 18, 2017   Biofabrication Firm Advances Redevelopment of Nutley Hoffman-LaRoche Site
Modern Meadow, a biofabrication company pioneering the creation of biologically advanced materials, is moving to a state-of-the-art laboratory and pilot manufacturing site at ON3, the former Hoffmann-La Roche campus in Nutley, NJ, helped in part by $32 million in Grow NJ tax credits from the New Jersey Economic Development Authority.
October 17, 2017   Commercial Real Estate Report Shows Positive Signs In Office & Industrial Markets
In the office market, state economic development incentives are fueling growth in the technology sector and, in at least one case, helping to fill vacancies left behind by pharma companies shedding office space due to acquisitions and mergers.
October 10, 2017   Just How Important Are State Incentives? Ask Prism's Gene Diaz
"New York went after them as hard as we've ever seen New York go after another enterprise," Eugene Diaz, principal with Prism Capital Partners, said of the biotech firm.
October 5, 2017   Council Approves Phase II For Prism Redevelopment Project
The West Orange Township Council recently approved Phase II Of Prism Capital Partners' redevelopment plan as Phase I of the Edison Village project nears completion.
October 3, 2017   Execs Talk State Of Amazon, Infrastructure At NAIOP NJ Chapter Meeting
E-commerce and the role of the next governor in real estate were resounding themes at the New Jersey NAIOP CEO Perspective panel last week.
September 15, 2017   Affordable Housing In Focus at PlanSmart NJ Forum
With less than two months until Election Day, surrogates for New Jersey's two leading candidates for governor on Thursday spoke directly to real estate and land use experts.
September 2017   Prism got second place for NJBIZ Reader Rankings/Developer
September 4, 2017   Battery Building Gets Energized
The former Thomas Edison factory complex in West Orange, New Jersey, is on its way to becoming a mixed-use center, serving as the anchor to a large redevelopment on this historic property.
August 25, 2017   Modern Meadow Agrees To Move HQ To Former Roche Campus
Biofabrication firm Modern Meadow recently announced that, after receiving a Grow NJ tax incentive from the New Jersey Economic Development Authority, it has decided to relocate to ON3, the former Hoffmann-La Roche campus in Nutley and Clifton.
August 18, 2017   Big city biotechs decamp for suburbs as property costs rise
The biotech industry is facing high rents and tight lab space in Boston, New York and San Francisco, forcing companies into the suburbs in a sign the "live, work and play" movement into big cities may have hit a roadblock.
August 16, 2017   Modern Meadow Moves Headquarters into State-of-the-art Facility in New Jersey
Modern Meadow, the biofabrication company pioneering biologically advanced materials, announced its long-anticipated move.
July 25, 2017   Biotech firm offered $32M to relocate to ex-Roche site
New Jersey's Economic Development Authority has awarded a Brooklyn biotech firm $32.2 million in incentives to move to the former Hoffmann-La Roche campus in Clifton and Nutley.
July 21, 2017   Transformation of Former Pharmaceutical Complex in Nutley and Clifton Continues
An 116-acre complex that, until 2013, was one of the largest employers in the Northern New Jersey suburbs, is in the process of undergoing several changes that will revitalize the property.
July 14, 2017   Brooklyn startup offered $32 million tax credit to move to former Roche campus
The state has offered a $32.3 million tax credit to a Brooklyn-based biotech firm that is considering a move to the former Hoffman-LaRoche campus in northern New Jersey.
June 21, 2017   Nutley Commissioners meet with Prism to Discuss On3 Redevelopment Project on Former Roche Site
Eugene R. Diaz, president and Edwin H. Cohen, principal of Prism Capital Partners met with the Nutley Board of Commissioners on a rescheduled meeting on Thursday, June 8 to discuss the development of On3, the former Roche site on the Nutley/Clifton border.
June 15, 2017   Ex-Roche campus reinvented as 'On3' science center
Developer seeks to create "mini-metropolis in the suburbs" with gathering of life sciences businesses.
June 15, 2017   New owner of Bloomfield office park gets off to fast start
Less than three months after acquiring a well-known office park in Bloomfield, a real estate firm has inked more than 50,000 square feet in leasing activity at the property.
June 14, 2017   Roundabout Proposed for On3 Entrance on Kingsland Street for Former Roche Site
Eugene Diaz of Prism Capital Partners told the Nutley Board of Commissioners that the company is working on plans to install traffic circles as part of the roadways plan for the former Roche campus.
June 2, 2017   How Developers Are Adapting to Residents' New Live-Work-Play Lifestyles
Developer Christopher Brown hardly ever uses his home office anymore. The dedicated office space in his Manhattan home is the first place his two kids want to be, especially when he's there. So now, he rents shared office space four blocks from home and retreats there when he wants to knock out e-mails or review the pro rata numbers on his latest development deals.
June 1, 2017   NAIOP Gala Honors Projects and CRE Leaders of Past and Present
May 31, 2017   Prism: Fragrance Maker Acquires Parsippany Building as Part of HQ Move
Prism Capital Partners has sold a 102,000-square-foot office building in Parsippany to a global fragrance and flavor company, allowing the business to relocate its U.S. headquarters to the property.
May 30, 2017   Prism Capital Partners Sells 339 Jefferson Road in Parsippany to Mane USA
Prism Capital Partners has sold 339 Jefferson Road in Parsippany to Mane USA. A worldwide leader in the fragrance and flavor industry, the French company will relocate its U.S. headquarters to the Class A office property from Wayne as owner/occupier.
May 22, 2017   NAIOP New Jersey Celebrates Commercial Real Estate Industry at Annual Gala
More than 800 members of the New Jersey commercial real estate community turned out to celebrate the industry at NAIOP New Jersey's 30th Annual Awards Gala on May 11.
May 12, 2017   NAIOP gala honors projects and CRE leaders of past and present
Before thanking a long list of executives, attorneys and others who are behind one of New Jersey's largest redevelopment projects, Eugene Diaz made mention of the company that gave rise to the opportunity in the first place.
May 4, 2017   Ripco RE to handle leasing at Shops at Edison Village
Bloomfield-based Prism Capital Partners has recently announced it selected Ripco Real Estate to handle retail leasing for the Shops at Edison Village, a mixed-use development under construction in West Orange.
May 3, 2017   Prism Capital Partners Names Cushman & Wakefield Office Agent for ON3
With master planning underway, the 116-acre former Hoffmann-La Roche Inc. North American Headquarters campus, spanning the Township of Nutley and the City of Clifton, represents New Jersey's largest contemplated redevelopment.
May 1, 2017   It's Official: Development on Roche Property Called 'On 3'
People will be able to Create, Learn, Work, Connect, and Ideate on Prism's development on the former Roche Campus. A billboard announcing the name 'On 3' was recently installed.
May 2017   Prism Capital Partners Sells BroadAcres Office Park in Bloomfield, NJ, to P3RE Properties
April 28, 2017   Officials: full steam ahead on La Roche development
The redevelopment of the former Hoffman-La Roche campus, which officials said is well under way, is expected to create as many as 8,000 jobs, according to Nutley township attorney Alan Genitempo.
April 2017   MidAtlantic Real Estate Journal - Best of 2016 - Best Developers Top Projects
April 2017   MidAtlantic Real Estate Journal - Best of 2016 - Largest Owners' Properties
March 13, 2017   NAIOP N.J. Announces Deal Of The Year Nominees
The New Jersey chapter of NAIOP has announced the finalists for its Deal of the Year awards, with the winners to be announced May 11 at the organization's Commercial Real Estate Awards Gala.
March 13, 2017   See 10 More Cool N.J. Offices
NJBIZ profiled five of the coolest offices in New Jersey, from the ultramodern to the classic, whether with the latest features or a minimalist approach. But they are certainly not the only places in the Garden State that stand out for their workspace cool.
March 7, 2017   A New Lease On Life: Prism, Local Officials Prepare For 'next Chapter' Of Roche Campus
After giving a tour of the former Hoffman-LaRoche campus, Eugene Diaz and Edwin Cohen each took a seat in the expansive, sun-filled lobby of the tower known as Building 76.
February 22, 2017   New Jersey Needs To Be More Than A State Of Commuters
In New Jersey, commercial real estate developers are seeking to define themselves by more than their proximity to New York or Philadelphia.
February 5, 2017   Prism Has Yet To Use Millions In WO Bonds
The mortgage holder that foreclosed on one of Prism Capital Partners' West Orange properties last year purchased the land in a Dec. 13 foreclosure sale.
January 24, 2017   JZA+D Design Created To Catch The Eye Of Tenants at Princeton Corporate Center
Located at 989 and 1009 Lenox Avenue within the Princeton Pike Corporate Center campus, the redesigned structures feature bold architectural details and shared amenities, greatly improving their value and position within the area's commercial marketplace, according to Joshua Zinder, AIA, founding principal of the full-service design studio.
December 24, 2016   Foreclosure Sale Will Not Affect Edison Village Redevelopment
The mortgage holder that foreclosed on one of Prism Capital Partners' West Orange properties last year purchased the land in a Dec. 13 foreclosure sale.
December 14, 2016   NJ Real Estate Execs Are Watching These Top Trends In 2017
As New Jersey rings in 2017, commercial real estate is poised for another year of strong activity. We asked executives what top three trends will impact their business after the ball drops.
October 13, 2016   Nutley editorial: Moving forward
The deal has finally been reached.
October 11, 2016   An inventive way to save Edison's last factory
This is a building that refuses to go down without a fight.
October 9, 2016   Mayor, district: Edison Village will not overload schools
Representatives from the township, school district and Prism Capital Partners are saying the first phase of the Edison Village project will not have a major impact on local schools when people move into the mixed-use project's residential units.
September 26, 2016   Public hearing to precede any action on Millington rezoning, transit site
A public hearing before the Planning Board will precede any consideration by the Township Committee to rezone property near the Millington train station, where a developer has proposed a "transit village."
September 26, 2016   LETTER: Density impact key issue in proposed Millington complex
Last May, site developer Prism Capital Partners presented to the Long Hill Township Committee a proposal to erect a complex of buildings on the Tifa site in Millington. This 12-acre complex would include eight multi-story buildings, with retail space on the ground floors and 220 apartments housing at least 425 people on the upper floors.
September 19, 2016   HPC questions WO, Prism on redevelopment
The West Orange Historic Preservation Commission told the Township Council during the council's Sept. 6 meeting that Prism Capital Partners, which is currently overseeing development on the construction of the Edison Village complex, has not been using the drawings for the Main Street building facade that the HPC had approved for a Certificate of Appropriateness in April 2015.
September 16, 2016   PrismCapital Partners, Hoffmann-La Roche sign purchase & sale agreement for 116-acres
In a blockbuster acqui- sition play, PB Nutclif I, LLC , an affiliate of locally based Prism Capital Partners (Prism) signed a pur- chase and sale agreement with Hoffmann-La Roche Inc.
July 14, 2016   Proposed private medical school at ex-Roche site moves a step closer
New Jersey's first private medical school in 50 years moved closer to reality when officials from Hackensack Meridian Health and Seton Hall University signed a lease with developers of the former Hoffmann-LaRoche site in Nutley and Clifton, officials announced Thursday morning.
July 12, 2016   Prism Capital secures new tenant at office park in Bloomfield
Prism Capital Partners LLC announced Tuesday it has leased space to two new tenants at the BroadAcres Office Park in Bloomfield.
April 22, 2016   Prism Capital Partners Launches Edison Village Redevelopment in West Orange
The much-anticipated industrial-to-residential redevelopment of the historic Thomas Edison Invention Factory and Commerce Center in West Orange is underway, announced Prism Capital Partners.
April 12, 2016   Renovations at Parsippany Building Yield Leases With Pharma, Construction Firms
Tenants have leased more than 22,000 square feet in two recent deals at 339 Jefferson Road in Parsippany, a three-story office building that is undergoing a series of renovations.
April 6, 2016   $230M Edison Village Work Begins, Despite Setbacks
Prism Capital Partners LLC of Bloomfield, NJ has begun work on Edison Village, a $230 million, 21-acre redevelopment on the site of Thomas Edison's last factory in West Orange, NJ.
April 7, 2016   Rising on Once-Fertile Ground
April 1, 2016   Millennials are Driving Changes in Real Estate
March 20, 2016   Medical School-to-Roche Campus Deal is Done
Seton Hall University, Hackensack University Health Network, Roche and Prism Capital Partners have struck a deal to bring the yet to be formally named Hackensack-Seton Hall medical school to the 117-acre site on the former campus of Roche.
March 3, 2016   Redeveloper Finally Closes Deal on $70M Loan
January 22, 2016   Joint venture sells upgraded Lawrenceville office park
Nearly three years after acquiring an eight-building office park in Lawrenceville and launching a series of major upgrades, a joint venture has sold the property.
January 2, 2016   Commercial real estate predictions
Industry leaders look ahead for 2016