Russo Development and Onyx Equities have jointly acquired 62 acres at the well-known Novartis campus in East Hanover, with plans to build more than 800,000 square feet of new industrial space in place of currently vacant office buildings.
Located at Route 10 and Ridgedale Avenue, the redevelopment will produce two modern distribution center buildings comprising between 383,000 and 489,000 square feet.