Roche markets 5 buildings on Nutley campus, razing the rest

Roche in Nutley

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

 

Related Blogs

    About Matthew DeFede

    Nutley Real Estate Agent

    Show Buttons
    Share On Facebook
    Share On Twitter
    Share On Google Plus
    Share On Linkedin
    Share On Pinterest
    Share On Youtube
    Share On Reddit
    Share On Stumbleupon
    Contact us
    Hide Buttons