Prism completely redeveloped the interior and exterior of this two building 73,000-square-foot, industrial facility, formerly the home of Quest Diagnostics. This acquisition required resolution of a complex set of title issues involving NJ State Tideland Claims. As a result, it was not immediately eligible for customary market financing and was purchased all cash by Prism. The company committed $1.5 million in renovations, including a new façade, infrastructure, mechanical and roof upgrades. Although the complexities of this property were numerous, the value was inherent due to the property's excellent location just north of Riverside Square Mall - adjacent to the upscale, retail corridor of Route 4. The property also has as-of-right zoning for 20% of the space to be used for retail sales, and it includes abundant parking.