A representative marketing the sprawling Roche campus that straddles Nutley and Clifton is “pretty confident” the property will be sold to a developer before the end of the year.
Tom Stanton, managing director at Jones Lang LaSalle, the real estate firm marketing the property, said the pharmaceutical giant’s former home has drawn interest from more than 30 groups, but he declined to say which developers are close to considering a deal.
JLL hopes to sell the 116-acre campus as a single parcel.
Roche, which moved last year after more than eight decades on the site, has been razing many of the buildings. According to Stanton, only five of about 40 buildings will be left when demolition is scheduled to completed this winter. Read More
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