The former Merck campus in Kenilworth will become a hub of life sciences innovation known as the Northeast Science and Technology, or NEST, Center, the latest venture backed by leading real estate investment and property services firm Onyx Equities and equity partner Machine Investment Group.
Onyx purchased the state-of-the-art campus in February with an eye on the future of life sciences and biotechnology.
Located just 14 miles outside of New York City, NEST will attract the next generation of life sciences and technology leaders to the region, according to a news release. The campus empowers global organizations to tap into New Jersey’s highly educated labor pool.
NEST Center co-founder and Managing Partner John Saraceno will share full plans for the 2 million-plus-square-foot, purpose-built research and development campus while attending the BIO International Convention from June 5-8 at the Boston Convention & Exhibition Center, according to the release.
Read the full article from ROI-NJ here.