Pharma firm signs 332K-sf lease in what appears to be NJ’s biggest office lease of the year

Tri-State /
Aug.August 13, 2020 08:48 AM
Eugene Diaz, Edwin Cohen, Tatsuyuki Yasuno, and the building

Eugene Diaz, Edwin Cohen, Tatsuyuki Yasuno, and the 15-story Nutley, N.J., building that will serve as Eisai’s headquarters

Pharmaceutical company Eisai Inc. signed a 332,800-square-foot lease for the entirety of the former Hoffmann-La Roche headquarters building at Prism Capital Partners’ ON3 mixed-use campus in Nutley, New Jersey. The deal appears to be the largest office lease in New Jersey this year.

Savills represented the company and announced the deal Tuesday. Eisai plans to move up to 1,200 employees to its new 15-story headquarters in late 2021.

Prism Capital Partners bought the 116-acre campus in 2016 from Hoffman-La Roche and has been repositioning it as a multi-tenant campus with plans to add retail, residential, hospitality, and entertainment space. — Dennis Lynch


Related Articles

arrow_forward_ios
75 Park Lane South (Plaza Construction)
This year’s top-selling Hudson County homes
This year’s top-selling Hudson County homes
Cushman's Gary Gabriel and Adam Spies with one of the Long Island Industrial Assets (Cushman, Sherwood Equities, Getty Images)
Silverman picks up Sherwood’s LI industrial portfolio for $76M
Silverman picks up Sherwood’s LI industrial portfolio for $76M
3720 Montauk Highway in Sagaponack and Nest Seekers International's Patti Ann Kelly (Wainscott Inn, Nest Seekers)
Wainscott Inn sold for $12.3M
Wainscott Inn sold for $12.3M
Ruschmeyer’s Hotel (Facebook, Getty)
Montauk hotspot quietly for sale after losing liquor license
Montauk hotspot quietly for sale after losing liquor license
1591 Alps Road in Wayne, NJ and March Associates Construction president Louis March (Google Maps, Getty, March Associates)
North Jersey funeral home to be reborn as strip mall
North Jersey funeral home to be reborn as strip mall
(Illustration by The Real Deal with Getty Images)
Hamptons rental where fire killed 2 skipped safety inspection
Hamptons rental where fire killed 2 skipped safety inspection
Planet FItness' Chris Rondeau with 177 Old Country Road (Planet Fitness, Google Maps)
Planet Fitness expansion plans answer Long Island’s retail vacancies
Planet Fitness expansion plans answer Long Island’s retail vacancies
Five Pointe Real Estate's Corey Gluckstal with 7 Beach Lane (Five Pointe Real Estate, Douglas Elliman)
Westhampton Beach inn to reopen as luxury hotel
Westhampton Beach inn to reopen as luxury hotel
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...