New York & Tri-State + New Jersey + Healthcare | February 25, 2021

Prism Taps Healthcare Leasing Team for Edison Battery Factory Redevelopment

Prism Capital Partners has named Newmark Associates CRE as healthcare and medical office leasing agent for Edison Village in downtown West Orange, NJ. Prism’s redevelopment of Thomas Edison’s historic Invention Factory and Commerce Center encompasses 21 acres along Main Street in West Orange.

“Prism understands the market and has created exceptional space for healthcare providers while more than generously addressing parking, which can be a challenge in downtown areas,” said Newmark’s Judith Tell Feldman, managing director, who leads the company’s healthcare division. Her team also includes sales associate Jeannette Melillo.

To date, Prism has renovated and reconstructed Edison Village’s 100-year-old Edison Battery Factory and surrounding grounds to introduce Edison Lofts, with 334 luxury rental apartments and supporting amenities, a 630-space parking structure and 18,400 square feet of street-level retail. Approximately 13,000 square feet of the retail space has been allocated for healthcare and medical office leasing.

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About Paul Bubny

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. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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