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 […]
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 […]
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 […]
NUTLEY, NJ — ON3 can now boast 100-percent occupancy, thanks to the lease recently signed by Eisai Inc., a pharmaceutical company that will move its New Jersey–based headquarters from Woodcliff Lake to the Nutley and Clifton redevelopment in late 2021. “Initially, we were drawn to this location as it offers us the opportunity to have […]
WEST ORANGE, NJ — The New Jersey Builders Association has named Katherine Likaont and Hannah Yoo as finalists in its 33rd annual Sales & Marketing Awards program in recognition of their work for Prism Capital Partners’ Edison Lofts at Edison Village in West Orange. Likaont and Yoo both work for The Marketing Directors, a residential […]
WEST ORANGE, NJ — Urban Land Institute Northern New Jersey recently honored Prism Capital Partners’ Edison Village with its 2019 Excellence Award in the residential category. Encompassing 21 acres in the heart of the West Orange Downtown Redevelopment Area, this smart-growth project centers on the industrial-to-residential-and-retail reimagining of the 100-year-old Thomas Edison Invention Factory and […]
WEST ORANGE, NJ — The International Concrete Repair Institute has awarded its “Repair Project of the Year” honor to Prism Construction Management for its work on Residences at Edison Lofts in Edison Village. The industrial-to-residential redevelopment of the Thomas Edison Invention Factory and Commerce Center in West Orange included the reconstruction of a 100-year-old, cast-in-place […]
WEST ORANGE, NJ — The Residences at Edison Lofts in Edison Village will host an open house on Sunday, Jan. 6, from 11 a.m. to 3 p.m. Prospective residents are invited to attend and experience the newly built homes and amenity-filled living within Prism Capital Partners’ redevelopment of the historic Thomas Edison Invention Factory and […]
WEST ORANGE, NJ — The Township Council approved two resolutions at its Nov. 27 meeting that will allow a study to be done on the West Orange Public Library to determine whether it qualifies as a noncondemned area in need of redevelopment. One resolution, passed unanimously, authorizes the West Orange Planning Board to investigate if […]
WEST ORANGE, NJ — During a recent open house luncheon, leadership and brokers of Berkshire Hathaway HomeServices New Jersey Properties experienced The Mews at Edison Lofts within Prism Capital Partners’ redevelopment of the historic Thomas Edison Invention Campus in West Orange. The Mews features a boutique collection of 34 one- and two-bedroom new construction homes. […]