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
Shinnecock Indian Nation Chairman Bryan Polite and an aerial of Shinnecock Nation in Southampton (Linkedin, Google Maps)
Southampton sees casino plan as tribe’s bargaining chip
Southampton sees casino plan as tribe’s bargaining chip
Photos from the 60s of John Steinbeck and his poodle Charley on their property. (Getty)
Sag Harbor pessimistic on preserving Steinbeck retreat
Sag Harbor pessimistic on preserving Steinbeck retreat
Amazon's Jeff Bezos with 1770 Walt Whitman Road (Getty, Google Maps)
Amazon plans Melville fulfillment center as it expands across LI
Amazon plans Melville fulfillment center as it expands across LI
A rendering of the facility at 1029 Newark Avenue in Elizabeth, Fidelco chairman Marc Berson and Elberon Development Group chairman Ann Evans Estabrook (Photos via JLL, Fidelco and Elberon)
Cold storage facility in New Jersey gets $34M loan
Cold storage facility in New Jersey gets $34M loan
Atlantic City, New Jersey (iStock)
Atlantic City home prices rising on demand from Philly
Atlantic City home prices rising on demand from Philly
(Getty)
Summer camps can reopen, but much remains unknown
Summer camps can reopen, but much remains unknown
The American Dream mall in East Rutherford, New Jersey (Getty)
Bonds for troubled American Dream mall up 25% this year
Bonds for troubled American Dream mall up 25% this year
An aerial of the project site at 1205 Majors Path in North Sea (Photo via Google Maps)
Southampton demands EIS for contentious condo project
Southampton demands EIS for contentious condo project
arrow_forward_ios

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

Loading...