Ralph Lauren Corporation has signed a full-building, 255,000-square-foot lease at Prism Capital Partners’ ON3 in Nutley, NJ. The lifestyle brand will remained headquartered in New York, while moving its New Jersey hub from Lyndhurst to 100 Metro Blvd. on Prism’s 116-acre mixed-use project that’s rising on the site of the former Hoffman-LaRoche headquarters complex.
Prism will immediately launch a renovation of the seven-story 100 Metro, highlighted by a complete lobby redesign featuring 30-foot ceilings and a new entryway. Additionally, Prism will complete the construction of a parking garage to serve both 100 Metro and future tenants at the adjacent, 15-story 200 Metro Blvd. tower in time for Ralph Lauren’s anticipated move-in.
The developer is proceeding with a multi-tier infrastructure and site work development plan at the property. Phase I of the plan is slated for completion by year-end.
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