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Prism Capital Sells 157,000 SF Life Sciences Building in Nutley, New Jersey

111-Ideation-Way-Nutley-New-Jersey

The life sciences building at 111 Ideation Way in Nutley anchors the 116-acre ON3 campus. The building was fully leased at the time of sale.

NUTLEY, N.J. — Prism Capital Partners has sold 111 Ideation Way, a 157,000-square-foot life sciences building in the Northern New Jersey city of Nutley. The building, which was fully leased at the time of sale, is part of Prism’s 116-acre ON3 campus that is a redevelopment of the former North American headquarters site of Swiss pharmaceutical company Hoffman-La Roche. Prism Capital sold the asset to Chicago-based Harrison Street for an undisclosed price. Andrew Merin, David Bernhaut, Gary Gabriel, Frank DiTommaso Kyle Schmidt, John Alascio and Sridhar Vankayala of Cushman & Wakefield brokered the deal.

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