Ralph Lauren makes full-building commitment at Prism Capital Partners’ ON3
NUTLEY AND CLIFTON, NJ — Ralph Lauren Corporation has signed a full-building lease at Prism Capital Partners’ ON3, becoming the latest tenant to commit at the 116-acre campus in Nutley. The iconic American lifestyle brand will remain headquartered in NYC and will move its New Jersey hub to 100 Metro Blvd., supported by a $33 million Grow NJ grant. Prism Capital Partners will immediately launch a renovation of the seven-story building, highlighted by a complete lobby redesign featuring 30-foot ceilings and a new entryway. Outside, the firm will create a courtyard with communal areas for social and business gatherings. Additionally, Prism will complete the construction of a parking garage to serve both 100 Metro Blvd. and future tenants at the adjacent, 15-story 200 Metro Blvd. tower in time for Ralph Lauren’s anticipated move-in.
ON3 is positioned to set a benchmark in Walking Urbanism. Located just nine miles from Manhattan on Rte. 3, the mixed-use complex will integrate office and R&D facilities, recreational, hospitality and wellness options, among others.