Prism Capital Partners has relocated its headquarters to ON3, the owner/operator’s 116-acre redevelopment spanning the Township of Nutley and City of Clifton, NJ. The move from nearby Bloomfield serves to unify the company’s operations at this flagship project.
The move also responds to a significant period of growth for Prism. “The synergy of having all of our team members under one roof is a real plus as ON3 and Prism’s other regional projects move forward,” said Edwin Cohen, principal owner.
Cohen added that the firm’s long-term plan is to design and develop a new Prism headquarters building on the ON3 campus.
Since Prism’s 2016 acquisition of the ON3 site, sustained activity has been rebuilding the tenant population at the former Hoffmann-La Roche campus, attracting high-profile companies across a range of sectors. Prism expects that more than 5,500 people will be employed at ON3 by 2021.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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