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A Building Owner Returns, A Building Fills Up

PARSIPPANY, NJ-With Biomets' move into 399 Jefferson Road here, a large building that was vacant three years ago is now fully occupied. Prism Capital Partners recently completed work on the build-out.

By Antoinette Martin | Updated on November 15, 2013

PARSIPPANY, NJ-Prism Capital Partners‘ intense on-again, off-again relationship with 399 Jefferson Road over the past ten years has reached a milestone of success: The building is now reconfigured, expanded and 100% leased as the headquarters for two companies. 

Prism initially acquired 399 Jefferson Road in 2003 as its first investment. The building was later sold it to a user, but then re-acquired – vacant – in 2010. Pinnacle Foods leased space for its headquarters at the facility in 2011 and later expanded its occupancy to a total of 104,000 square feet. 

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