ON3 in Nutley and Clifton
Life sciences companies are also interested in Roche’s former 116-acre world headquarters in Nutley and Clifton, a complex being redeveloped by Prism Capital Partners. The reimagining already includes major tenants such as a Quest Diagnostics’ flagship laboratory, biotech Y-mAbs Therapeutics, pharmaceutical giant Eisai, Inc., the Hackensack Meridian School of Medicine, and The Hackensack Meridian Health Center for Discovery and Innovation (CDI), for example. An overall 1.1 million square feet of future research and development space is planned. Among other features, a Marriott AC / Element combined hotel and four nationally known retail pad users will also grace the site.
Again, time is of the essence in New Jersey. Echoing others’ sentiments regarding the dearth of life sciences real estate in the state is Edwin H. Cohen, principal at Prism Capital…