Located in the epicenter of West Orange, near I-280 and immediately south of Essex Green Shopping Center, this three-building parcel formerly served as home to Organon USA, a prescription drug manufacturer. Prism purchased the asset in 2005 and has strategically repositioned it as a state-of-the-art medical office campus – leveraging its location equidistant to two major medical centers.

After acquiring the property, Prism immediately arranged for a 50 percent reduction in real estate taxes and initiated redevelopment studies for the site. A lobby makeover was completed at 475 Prospect Ave. in 2008, and Essex Specialized Surgical Institute leased the building’s entire second floor.