Three retail tenants coming to The Shoppes at Edison Village in West Orange

Three retail tenants coming to The Shoppes at Edison Village in West Orange

WEST ORANGE, NJ — Three tenants are coming to The Shoppes at Edison Village on Main Street in West Orange, developed by Prism Capital Partners. Late winter/early spring 2022 openings are anticipated for BK Lobster restaurant, SportsMed Physical Therapy and Golden Aide Health & Pharmacy.  The tenants leased a combined total of 7,700 square feet […]

Back-and-forth between Nutley and Prism continues

Back-and-forth between Nutley and Prism continues

NUTLEY, NJ — On Nov. 4, the township of Nutley approved a resolution authorizing a preliminary study to investigate the possibility of obtaining a portion of the former Hoffmann–La Roche site through the redevelopment process. This move comes after Nutley officials have long criticized the property’s redeveloper and owner, Prism Capital Partners, with claims that […]

The Residences at Edison Lofts nearly 100-percent leased

The Residences at Edison Lofts nearly 100-percent leased

WEST ORANGE, NJ — Prism Capital Partners announced Aug. 19 that the Residences at Edison Lofts, located in West Orange, is now 95-percent leased, a milestone for the firm’s award-winning, industrial-to-multifamily-and-retail redevelopment of the historic Thomas Edison Invention Factory and Commerce Center on Main Street. The Residences at Edison Lofts, which opened in 2018, features […]

Prism receives final site plan approval for Marriott AC/Element Hotel at ON3

Prism receives final site plan approval for Marriott AC/Element Hotel at ON3

CLIFTON / NUTLEY, NJ — The city of Clifton has granted Prism Capital Partners final site plan approval for a dual-brand Marriott AC/Element Hotel with rooftop bar at ON3, paving the way for the introduction of a hospitality component at the 116-acre flagship redevelopment.  “The city of Clifton understands the immense benefits of a world-class, mixed-use property; […]

Edison Lofts installs electric vehicle chargers

Edison Lofts installs electric vehicle chargers

WEST ORANGE, NJ — At his West Orange Invention Factory and Commerce Center, famed inventor Thomas A. Edison in the early 1900s focused on developing a storage battery aimed at powering automobiles. Fast forward more than 100 years, and innovation still has a home at Edison Lofts at Edison Village, the residential and retail adaptive […]

Prism secures refinancing for Edison Lofts in West Orange

Prism secures refinancing for Edison Lofts in West Orange

WEST ORANGE, NJ — Prism Capital Partners has secured new financing for Edison Lofts, moving from a construction loan to permanent financing. Edison Lofts is a multifamily and retail adaptive re-use of the historic Thomas Edison factory space on Main Street in West Orange. Edison Lofts is currently 80-percent leased. “Securing new financing and reaching […]

Prism Capital Partners relocates HQ within ON3 Campus in Nutley

Prism Capital Partners relocates HQ within ON3 Campus in Nutley

NUTLEY, NJ — Prism Capital Partners has relocated its headquarters to 310 Kingsland St. at ON3, the commercial real estate owner/operator’s 116-acre flagship redevelopment spanning Nutley and Clifton. Prism’s move from 200 Metro Boulevard, where the firm has operated since 2019, makes way for Eisai Inc.; the pharmaceutical company signed a full-building commitment for the […]

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