WEST ORANGE--Two long-term leases totaling 23,500 sf have been signed at 475 Prospect Ave., announced Prism Capital Partners, owners of the 38,000-sf, three-story asset.

Omni Eyecare and Reproductive Medical Associates of New Jersey (RMA) join current tenant Essex Specialized Surgical Institute at the site, a former single-tenant headquarters building that has been repositioned for multi-tenant healthcare use.

Omni Eyecare's 19,000-sf occupancy includes a four-unit Operating Room Ambulatory Surgery (ORAS) center built to hospital-level standards and open for other doctors to utilize. RMA, occupying 4,500 sf, is a fertility group that is currently expanding with additional locations in the state. William Hassan, senior associate with CB Richard Ellis, teamed with the firm's Charles Laginestra to represent the ownership.

"We acquired the property, intent on creating a state-of-the-art medical office building, and these leases validate that achievement," said Eugene Diaz, principal of Prism Capital Partners. "It is equidistant to two major medical centers and had previously been the headquarters of a pharmaceutical manufacturer."

As part of the transition, 475 Prospect Ave.'s interior was substantially renovated, including a complete lobby makeover and installation of a medical compliant elevator. All building systems were upgraded to provide adequate power and water for any type of medical use.