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Hackensack University Health Network

Developer Closes on Former Roche Campus, Future Home of New Seton Hall and Meridian Health Medical School

Roche seton and hackensackNutley, NJ, October 12, 2016 — Eric Strauss reports in NJBIZ that Prism Capital Partners has closed on its purchase of the former Hoffmann-La Roche Inc. campus that will house the planned Hackensack Meridian Health and Seton Hall University medical school.

Bloomfield-based Prism’s affiliate PB Nutclif I LLC wrapped up the deal following the necessary approvals from constituents including the municipalities of Nutley and Clifton, where the 116-acre campus is located.

Hackensack Meridian and Seton Hall have signed a long-term lease for two major buildings and 16 acres at the property. Prism is marketing three additional office buildings totaling more than 700,000 square feet of space, as well as additional development sites on the campus. Continue reading

Seton Hall University and Hackensack University Medical Center Move Closer to Medical School’s 2017 Opening

Roche seton and hackensackNutley, NJ, August 23, 2016 — Sara Jerde reports in The Star-Ledger that a medical school that would occupy a former industrial site on the Clifton-Nutley border is one step closer to reality as Nutley officials are preparing to offer it a tax exemption and approve a redevelopment plan, NorthJersey.com reported.

The Hoffmann-La Roche campus was sold in July to an affiliate of Prism Capital Partners. Ahead of the sale, Hackensack University Hospital and Seton Hall University announced their intentions to open the medical school at the former pharmaceutical campus.

Last month, the medical school entered a longterm agreement to rent 16 acres. Financial details were not disclosed.

The medical school, the state’s fifth, is expected to open in the fall of 2017. Continue reading

New Seton Hall, Hackensack Medical School Approved for $16.9 Million in Incentives

Roche seton and hackensackTrenton, NJ, November 17, 2015 ― Andrew George reports in NJBIZ that the future medical school of Seton Hall University and the Hackensack University Health Network received approval on November 13 from the state’s Economic Development Authority (EDA) for a 10-year, $16.9 million Grow New Jersey award.

The joint venture, which will be housed on the now-vacant former Roche corporate campus in Nutley and Clifton, was first announced last January.

In June, Seton Hall and Hackensack finalized the terms of their agreement, which calls for creating the first private medical school in the state. Continue reading

Hackensack University Health Network and Seton Hall University Sign Definitive Agreement to Form Medical School

South Orange, NJ, June 10, 2015 ― Hackensack University Health Network (HackensackUHN) and Seton Hall University (SHU) announced yesterday that the two organizations have signed a definitive agreement to form a new, four-year school of medicine. Earlier this year, HackensackUHN and SHU signed a memorandum of understanding regarding the establishment of the school.

This partnership will establish the only private Catholic school of medicine currently in the state and provide a significant economic boost to the region. Continue reading

Seton Hall and Hackensack University Health Network to Open Medical School on Roche Property

Nutley, NJ, January 15, 2015 NJBIZ reports that Hackensack University Health Network and Seton Hall University today formally announced their plans to start the state’s first four-year, private medical school on the campus of the former Roche headquarters in Nutley and Clifton.

Alongside Seton Hall President A. Gabriel Esteban, Hackensack CEO and President Robert C. Garrett called the plan a “game-changer” and an “absolutely monumental event.” Continue reading