TRT - Testosterone Replacement Therapy in East Hanover, NJ

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 HRT For Men East Hanover, NJ

What is Testosterone?

Testosterone is a crucial hormone for men and plays an important role throughout the male lifespan. Most of a male's testosterone is produced through the testicles. Also called the male sex hormone, testosterone starts playing its part during puberty.

When a male goes through puberty, testosterone helps males develop:

  • Facial Hair
  • Body Hair
  • Deeper Voice
  • Muscle Strength
  • Increased Libido
  • Muscle Density

As boys turn to men and men grow older, testosterone levels deplete naturally. Sometimes, events like injuries and chronic health conditions like diabetes can lower testosterone levels. Unfortunately, when a man loses too much T, it results in hypogonadism. When this happens, the testosterone must be replaced, or the male will suffer from symptoms like muscle loss, low libido, and even depression.

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How Does TRT Work?

TRT is exactly what it sounds like: a treatment option for men that replaces testosterone so that your body regulates hormones properly and restores balance to your life. Also called androgen replacement therapy, TRT alleviates the symptoms that men experience with low T.

Originally lab-synthesized in 1935, testosterone has grown in popularity since it was produced. Today, TRT and other testosterone treatments are among the most popular prescriptions in the U.S.

Without getting too deep into the science, TRT works by giving your body the essential testosterone it needs to function correctly. As the primary androgen for both males and females, testosterone impacts many of the body's natural processes – especially those needed for overall health. For example, men with low T are more prone to serious problems like cardiovascular disease and even type-2 diabetes.

When your body quits making enough testosterone, it causes your health to suffer until a solution is presented. That's where TRT and anti-aging medicine for men can help. TRT helps balance your hormones and replenish your depleted testosterone. With time, your body will begin to heal, and many symptoms like low libido and irritability begin to diminish.

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What Causes Low T?

For men, aging is the biggest contributor to lower testosterone levels, though there are other causes like obesity, drug abuse, testicular injuries, and certain prescribed medications. Sometimes, long-term health conditions like AIDS, cirrhosis of the liver, and kidney disease can lower testosterone levels.

When a man's testosterone levels drop significantly, it alters his body's ratio of estrogen and testosterone. Lower testosterone levels cause more abdominal fat, which in turn results in increased aromatase, which converts even more testosterone into estrogen.

If you're concerned that you might have low T, you're not alone. Millions of men in the U.S. feel the same way. The best way to find out if your testosterone is low is to get your levels tested.

For sustainable testosterone replacement therapy benefits, you must consult with hormone doctors and experts like those you can find at Global Life Rejuvenation. That way, you can find the root cause of your hormone problems, and our team can craft a personalized HRT plan tailored to your needs.

 Sermorelin East Hanover, NJ

Low Sex Drive

One of the most common reasons that men choose TRT is because they have lost that "spark" with their partner. It's not easy for a man to hear that they're not performing like they used to. Intimacy is a powerful part of any relationship. When a once-healthy sex life dwindles, it can cause serious relationship issues.

The good news is that low libido doesn't have to be a permanent problem. TRT and anti-aging medicines help revert hormone levels back into their normal range. When this happens, many men have a more enjoyable life full of intimacy and sex drive.

 TRT East Hanover, NJ

Inability to Achieve and Maintain an Erection

Weak erections – it's an uncomfortable subject for many men in the U.S. to talk about. It's even worse to experience first-hand. You're in the midst of an intimate moment, and you can't do your part. Despite being perfectly normal, many men put blame and shame upon themselves when they can't achieve an erection. And while the inability to perform sexually can be caused by poor diet, obesity, and chronic health conditions, low testosterone is often a contributing factor.

Fortunately, weak erections are a treatable condition. The best way to regain your confidence and ability in bed is to speak with your doctor. Once any underlying conditions are discovered, options like TRT may be the best course of treatment.

Hair Loss

 Hormone Replacement  East Hanover, NJ

Loss of Strength and Muscle Mass

Do you find it harder and harder to work out and lift weights in the gym? Are you having problems lifting heavy items that you once had no problem lifting?

Recent studies show that when men are inactive, they lose .5% of muscle strength every year, from ages 25 to 60. After 60, muscle loss doubles every decade. While some muscle loss is common as men age, a significant portion can be tied to low testosterone levels. When a man's T levels drop, so does his muscle mass.

Testosterone is a much-needed component used in gaining and retaining muscle mass. That's why many doctors prescribe TRT East Hanover, NJ, for men having problems with strength. One recent study found that men who increased their testosterone levels using TRT gained as much as 2.5 pounds of muscle mass.

Whether your gym performance is lacking, or you can't lift heavy items like you used to, don't blame it all on age. You could be suffering from hypogonadism.

Testosterone Replacement Therapy East Hanover, NJ

Hair Loss

If you're like millions of other men in their late 20s and 30s, dealing with hair loss is a reality you don't want to face. Closely related to testosterone decline and hormone imbalances, hair loss is distressing for many men. This common symptom is often related to a derivative of testosterone called DHT. Excess amounts of DHT cause hair follicles to halt their production, causing follicles to die.

Because hair located at the front and crown is more sensitive to DHT, it grows slower than other follicles and eventually stops growing permanently. Thankfully, TRT and anti-aging treatments for men in East Hanover, NJ, is now available to address hair loss for good.

While it's true that you can't change your genes, you can change the effects of low testosterone on your body. Whether you're suffering from thinning hair or hair loss across your entire head, TRT and other hormone therapies can stop hair loss and even reverse the process.

 TRT For Men East Hanover, NJ

Gynecomastia

Also called "man boobs," gynecomastia is essentially the enlargement of male breast tissue. This increase in fatty tissue is often caused by hormonal imbalances and an increase in estrogen. For men, estrogen levels are elevated during andropause. Also called male menopause, andropause usually happens because of a lack of testosterone.

If you're a man between the ages of 40 and 55, and you're embarrassed by having large breasts, don't lose hope. TRT is a safe, effective way to eliminate the underlying cause of gynecomastia without invasive surgery. With a custom HRT and fitness program, you can bring your testosterone and estrogen levels back to normal before you know it.

 HRT For Men East Hanover, NJ

Decreased Energy

Decreased energy was once considered a normal part of aging. Today, many doctors know better. Advances in technology and our understanding of testosterone show that low T and lack of energy often go hand-in-hand.

If you're struggling to enjoy activities like playing with your kids or hiking in a park due to lack of energy, it could be a sign of low T. Of course, getting tired is perfectly normal for any man. But if you're suffering from continual fatigue, a lack of enjoyment, or a decrease in energy, it might be time to speak with a doctor.

Whether you're having a tough time getting through your day or can't finish activities you used to love, TRT could help.

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Lack of Sleep

A study from 2011 showed that men who lose a week's worth of sleep can experience lowered testosterone levels – as much as 15%, according to experts. Additional research into the topic found almost 15% of workers only get five hours of sleep (or less) per night. These findings suggest that sleep loss negatively impacts T levels and wellbeing.

The bottom line is that men who have trouble sleeping often suffer from lower testosterone levels as a result. If you find yourself exhausted at the end of the day but toss and turn all night long, you might have low T.

TRT and anti-aging medicines can restore your T levels back to normal, which can help you sleep better with proper diet and exercise.

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Depression

You're feeling down about everything, and there's no solid explanation for why you're in such a crummy mood. Your daily life is great and full of success, but you can't help but feel unexcited and unmotivated. If you're experiencing symptoms like these, you may be depressed – and it may stem from low testosterone.

A research study from Munich found that men with depression also commonly had low testosterone levels. This same study also found that depressed men had cortisol levels that were 67% higher than other men. Because higher cortisol levels lead to lower levels of testosterone, the chances of severe depression increase.

Depression is a very real disorder and should always be diagnosed and treated by your doctor. One treatment option gaining in popularity is TRT for depression. Studies show that when TRT is used to restore hormone levels, men enjoy a lighter, more improved mood. That's great news for men who are depressed and have not had success with other treatments like anti-depression medicines, which alter the brain's chemistry.

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Inability to Concentrate

Ask anyone over the age of 50 how their memory is, and they'll tell you it wasn't what it used to be. Memory loss and lack of concentration occur naturally as we age – these aren't always signs of dementia or Alzheimer's.

However, what many men consider a symptom of age may be caused by low testosterone. A 2006 study found that males with low T levels performed poorly on cognitive skill tests. These results suggest that low testosterone may play a part in reducing cognitive ability. If you're having trouble staying on task or remembering what your schedule is for the day, it might not be due to your age. It might be because your testosterone levels are too low. If you're having trouble concentrating or remembering daily tasks, it could be time to talk to your doctor.

Why? The aforementioned study found that participating men experienced improved cognitive skills when using TRT.

 TRT East Hanover, NJ

Weight Gain

Even though today's society is more inclusive of large people, few adults enjoy gaining weight as they age. Despite their best efforts, many men just can't shed the extra pounds around their midsections, increasing their risk of heart disease and cancer.

Often, male weight gain is caused by hormone imbalances that slow the metabolism and cause weight to pile on. This phase of life is called andropause and happens when there is a lack of testosterone in the body. Couple that with high cortisol levels, and you've got a recipe for flabby guts and double chins.

Fortunately, TRT treatments and physician-led weight loss programs can correct hormone imbalances and lead to healthy weight loss for men.

 TRT For Men East Hanover, NJ

What is Sermorelin?

Sermorelin is a synthetic hormone peptide, like GHRH, which triggers the release of growth hormones. When used under the care of a qualified physician, Sermorelin can help you lose weight, increase your energy levels, and help you feel much younger.

 HRT For Men East Hanover, NJ

Benefits of Sermorelin

Human growth hormone (HGH) therapy has been used for years to treat hormone deficiencies. Unlike HGH, which directly replaces declining human growth hormone levels, Sermorelin addresses the underlying cause of decreased HGH, stimulating the pituitary gland naturally. This approach keeps the mechanisms of growth hormone production active.

Benefits of Sermorelin include:

  • Better Immune Function
  • Improved Physical Performance
  • More Growth Hormone Production
  • Less Body Fat
  • Build More Lean Muscle
  • Better Sleep
 Human Growth Hormone East Hanover, NJ

What is Ipamorelin?

Ipamorelin helps to release growth hormones in a person's body by mimicking a peptide called ghrelin. Ghrelin is one of three hormones which work together to regulate the growth hormone levels released by the pituitary gland. Because Ipamorelin stimulates the body to produce growth hormone, your body won't stop its natural growth hormone production, which occurs with synthetic HGH.

Ipamorelin causes growth hormone secretion that resembles natural release patterns rather than being constantly elevated from HGH. Because ipamorelin stimulates the natural production of growth hormone, our patients can use this treatment long-term with fewer health risks.

 Ipamorelin East Hanover, NJ

Benefits of Ipamorelin

One of the biggest benefits of Ipamorelin is that it is suitable for both men and women. It provides significant short and long-term benefits in age management therapies, boosting patients' overall health, wellbeing, and outlook on life. When growth hormone is produced by the pituitary gland using Ipamorelin, clients report amazing benefits.

Some of those benefits include:

  • Powerful Anti-Aging Properties
  • More Muscle Mass
  • Less Unsightly Body Fat
  • Deep, Restful Sleep
  • Increased Athletic Performance
  • More Energy
  • Less Recovery Time for Training Sessions and Injuries
  • Enhanced Overall Wellness and Health
  • No Significant Increase in Cortisol

Your New, Youthful Lease on Life Starts Here

Whether you are considering our TRT services, HRT for women, or our growth hormone peptide services, we are here to help. The first step to turning back the hand of time starts by contacting Global Life Rejuvenation.

Our friendly, knowledgeable TRT and HRT experts can help answer your questions and walk you through our procedures. From there, we'll figure out which treatments are right for you. Before you know it, you'll be well on your way to looking and feeling better than you have in years!

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Latest News in East Hanover, NJ

Opportunities Amidst Volatility

Much uncertainty abounds, but we think there are opportunities and provide our thoughts.Growth anxietiesIncoming data continue to support the view of ongoing economic expansion, but growth momentum remains on a decelerating path, buffeted by the fluid Russia-Ukraine war, listless Chinese and European economies, and the Fed and other central banks pivoting assertively to tighten monetary policy and, in turn, financial conditions in the face of persistently high inflation.We think the key question for investors is w...

Much uncertainty abounds, but we think there are opportunities and provide our thoughts.

Growth anxieties

Incoming data continue to support the view of ongoing economic expansion, but growth momentum remains on a decelerating path, buffeted by the fluid Russia-Ukraine war, listless Chinese and European economies, and the Fed and other central banks pivoting assertively to tighten monetary policy and, in turn, financial conditions in the face of persistently high inflation.

We think the key question for investors is whether the current slowdown, particularly in the U.S., is an intra-cycle soft patch to be followed by renewed expansion—Fairly common episodes in expansion cycles—or a precursor to a recession.

With healthy corporate balance sheets, ongoing strength in employment and wage growth, and households in solid financial shape with a sizable amount of excess savings that can tapped into to smooth spending, we believe the outlook for the largest components of the U.S. economy—personal consumption and business investment—is likely to remain adequately robust to sustain the expansion over the coming quarters. This, together with a relatively benign message from our recession scorecard, underpins our current assessment that U.S. recession risk, while present and rising, remains reasonably moderate on a 12-month horizon.

Nevertheless, we are cognizant that the risks to this sanguine view stemming from the headwinds mentioned above are building, which suggests to us that “end-of-cycle” worries are likely to persist until markets gain greater visibility on the path of inflation, Fed policy, and the durability of the current U.S. expansion.

More “income” in bonds

Bond markets have endured a bruising stretch over the past 12 months amid a rising rate environment, which has broadly pressured bond prices lower. Despite the understandable frustration associated with negative returns in bonds, we believe the recent rout in bonds comes with some potential positive aspects that investors should take into consideration.

First, as bond prices fall, their yields rise, so the recent selloff in bonds has meaningfully bolstered their expected returns. Thanks to the downward repricing, the yields on most major segments of the bond market have not only improved substantially compared to a year ago, but also climbed near or above their respective averages since 2002. Moreover, credit spreads—a measure of the additional yield compensation for credit risk over government bonds—have widened, pointing to enhanced excess return potential for corporate bonds.

Yield profiles look increasingly reasonable

Second, now that bond yields have moved off historically low levels, relatively higher starting yields today can offer more of a cushion to weather further rises in rates, as well as help augment the ability for fixed income to act like a shock-absorbing diversifier in multi-asset portfolios during periods of equity market turbulence.

While the rising rate backdrop has resulted in short-term capital losses in bonds, the combination of considerably higher all-in yields and improved diversification capacity suggests to us that some value is starting to emerge in fixed income assets.

An equities markdown

Aside from emerging markets, forward 12-month earnings estimates for major markets have displayed impressive resilience, particularly for Canada’s resource-heavy S&P/TSX Composite (see table). In stark contrast, the forward price-to-earnings (P/E) multiples investors are willing to pay for these expected earnings streams have declined sharply, as the backdrop of a global economy undergoing a slowdown and higher interest (discount) rates—which reduce the present value of future profit streams—have prompted investors to demand a higher risk premium to own equities.

When in doubt, focus on earnings

In an environment of heightened macro uncertainty, we think earnings delivery will be taking on added importance for equities. Our expectation for slower, but still positive, economic growth suggests that, despite a moderating growth rate, earnings are likely to be higher 12 months from now. Because the direction of stock markets typically aligns with profit trends (beyond the near term), a further expansion in earnings in coming quarters should provide some degree of fundamental support for share prices.

Emergent opportunities

Market corrections, while always unnerving, occur with regularity as a normal part of the investing cycle. Importantly, these phases of the cycle often provide opportunities for long-term investors to deploy capital at relatively more compelling prices that are beneficial to long-run outcomes.

While we believe investors should remain nimble in light of a wider range of outcomes for the economy and corporate earnings over the next 12 months, if our view that the current slowdown will likely unfold as a “growth scare” is correct, then valuations across a number of asset markets are starting to look quite appealing.

We think the bottom line is that risk-reward for equities and bonds look considerably more attractive than even a few months ago. This is markedly the case for riskier corporate credit such as high-yield bonds, whose volatility-adjusted expected return potential is arguably competitive with equities.

Heard of microweddings? This East Hanover event space has been made over to host them

David Alan, owner of David Alan Caterers, was inspired to revamp his event space by the rise of microweddings.Never heard of them? That's because they're a relatively new concept.The wedding website The Knot describes microweddings as a full wedding — with vows and a reception — just with a smaller ...

David Alan, owner of David Alan Caterers, was inspired to revamp his event space by the rise of microweddings.

Never heard of them? That's because they're a relatively new concept.

The wedding website The Knot describes microweddings as a full wedding — with vows and a reception — just with a smaller guest list. During the pandemic, these smaller weddings expectantly (and in many cases due to necessity) became more popular.

The website New Jersey Bride points out that at microweddings, because the guest list is smaller, the couple may have more money to splurge for add-ons. There's even an entire wedding planning company called NJ Microwedding, based in Princeton, that specializes in Central Jersey weddings for 25 people or less.

With this newfound interest, Alan saw an opportunity to completely re-do his space to fit such events.

The room has been changed from an all-white 50s-style to what Alan calls “farmhouse glam," semi-inspired by his love of HomeGoods' decor.

“I always go into HomeGoods, and I’m like, ‘Let me buy everything in the store,’” he said. He pulled from its quirky yet chic aesthetic often found in the furnishings and decor when overhauling his East Hanover event space, called The Warehouse.

The Warehouse now has the look of a trendy, chic saloon. Rustic barn doors, a brown leather couch with curved arms and warm chandeliers in intricate old-school shapes give the space a quaint charm, in contrast to the often blank-slate look of most event spaces.

“I wanted it to be very cool and relaxing,” said Alan.

Alan is best known as a caterer through his main business David Alan Caterers. But, he also has a shop that sells prepared foods like salads, sandwiches and wraps called David Alan’s Marketplace.

The Warehouse is 2,000-square-feet and can hold about 60 people comfortably. It includes a 12-foot bar, a buffet and an open kitchen. The room also connects to another 2,000-square-foot space with more seating.

“There’s no hiding behind walls,” said Alan. “People love to see how things are made, and with this open kitchen they can.”

And, Alan said, microweddings at The Warehouse are typically affordable. The cost per guest is negotiable depending on what add-ons the client wants (including a DJ, higher-priced dishes and the like). But, he assures, “no one will ever walk away because of price.”

The Warehouse is at 12-16 Littell Road, East Hanover; 973-520-0533. Go to davidalanwarehouse.com more information.

Looking for more?

New Jersey Brides lists the following North Jersey spots as venues that host microweddings.

Rebecca King is a food writer for NorthJersey.com. For more on where to dine and drink, please subscribe today and sign up for our North Jersey Eats newsletter.

Can’t afford Private Cloud?... Think again!

According to the Small Business Administration’s Office of Advocacy (SBA) there are about 30.2 million small businesses in the United States. That’s 99.7% of all businesses in the United States.These 30.2 million small businesses have very few options when they consider transitioning to the cloud. Although they may need to adhere to the same compliance regulations as larger organizations, they are unable to due to the expensive options of a Private Cloud. They are forced to subscribe to a public cloud service which costs a...

According to the Small Business Administration’s Office of Advocacy (SBA) there are about 30.2 million small businesses in the United States. That’s 99.7% of all businesses in the United States.

These 30.2 million small businesses have very few options when they consider transitioning to the cloud. Although they may need to adhere to the same compliance regulations as larger organizations, they are unable to due to the expensive options of a Private Cloud. They are forced to subscribe to a public cloud service which costs are difficult to predict from month to month.

What is the difference between Public and Private Cloud? Simply stated, Private cloud is a service that is fully controlled by your organization. The infrastructure, applications, and your data are all controlled and secured on your own private platform in the cloud. You are physically and logically isolated from other customers. Public cloud is a platform that hosts multiple customers on the same platform.

Imagine a private cloud as your own private house and public cloud as an apartment in a large building.

The biggest barrier to Private Cloud for many small businesses has always been the cost of entry. Many small businesses think they are unable to afford or manage their own private cloud, until now.

iQmedia provides Managed Private Cloud Services for the small business. We provide a secure managed private platform. This allows small businesses to adhere to compliancy regulations, data integrity, and cloud accessibility.

Our private platform allows businesses to migrate any application to the cloud. There is no need to change to a different “cloud App” …we take your existing applications and convert them to cloud apps for you.

For example, a 25-person law firm was considering migrating their Practice Management Software to the cloud. They were given a project quote by a software as a service provider for $45,000 to migrate the software to a new cloud platform. This did not include the monthly costs of the software and were told there is no guarantee that all the data could be migrated.

The law firm reached out to our iQmedia team, and we moved the existing Practice Management Software migration to our Private Cloud Platform at no cost. The application did not change, therefore there was no learning curve for the staff. The benefit of moving the legacy application to our platform was a seamless move over the weekend and little downtime for the organization. We also offer a flat monthly fee which allows them to predict monthly costs.

Here are other benefits of Managed Private Cloud?

So, if you think you can’t afford Private Cloud…think again!

Let us take you on our cloud journey.

Contact us:

1 888 444-6080

Marc Peritore is the Founder of iQmedia Technology Group, LLC. iQmedia specializes in Private Cloud, Cyber Security, Business Analytics and Dedicated Support. iQmedia provides enterprise level services for the small to medium sized business. For more information or questions regarding any technical issues please contact iQmedia at [email protected] or 1 888 444-6080

Colliers secures 4 leases totaling over 36,000 sq. ft. in East Hanover office building

Colliers on Monday said it secured leases for four tenants totaling 36,000 square feet of space at a 177,820-square-foot, Class A office building in East Hanover.Located at 120 Eagle Rock, the building is now almost 90% occupied. Each lease is for five to 10 years, ensuring long-term stability for the building owner.Colliers Executive Managing Director Samuel Horowitz represented ownership, ...

Colliers on Monday said it secured leases for four tenants totaling 36,000 square feet of space at a 177,820-square-foot, Class A office building in East Hanover.

Located at 120 Eagle Rock, the building is now almost 90% occupied. Each lease is for five to 10 years, ensuring long-term stability for the building owner.

Colliers Executive Managing Director Samuel Horowitz represented ownership, Northeast Capital Group, in the transactions.

The property features an updated lobby and modern common areas, as well as other amenities, including a full-service café with outdoor seating, multiple conference rooms and a fitness center with weight/cardio machines and locker rooms. The three-story building also includes several leading coworking amenities. Additionally, there are nearly 600 parking spaces, on-site FedEx and mail drop boxes and 24-hour secure key card access with an after-hours security guard.

Tenants that signed new leases include Pillar Care Continuum, Kingdom Financial, Paris Ackerman LLP and Eastgate Group.

“We were pleased to work with Northeast Capital Group to capture the momentum and enthusiasm that has been rising for a return to the office,” Horowitz said. “The New Jersey office has been well on its way to recovery over the past year, and we expect the market will resume a positive momentum in the coming months.”

“The activity that we have seen at 120 Eagle Rock speaks to the quality of the building, the attentiveness of property management and the efforts of our brokers,” Joel Kiss, CEO, Northeast Capital Group, said. “We are pleased to welcome our new tenants as several companies in New Jersey begin to return to the office in earnest.”

The property is centrally located in eastern Morris County between exits 1 and 4 off of Interstate 280 with immediate access to Interstates 80 and 287.

Pillar Care Continuum was represented by Curtis Foster and Jerry Shifrin from Cushman & Wakefield. Kingdom Financial was represented by David DeMatteis and Mena Shehata from Cushman & Wakefield. Additionally, Eastgate Group was represented in-house, and Paris Ackerman was represented by Barbara Gross from Sheldon Gross Realty.

Novartis HQ tower in East Hanover to be demolished; developer will build industrial space

An iconic Route 10 office tower will be demolished next year along with several other buildings on the Novartis Corp. campus in East Hanover to be replaced with modern industrial office space.Russo Development and Onyx Equities announced the purchase of 62 acres along Route 10 and Ridgedale Avenue from Novartis and plan to eliminate 900,000 square feet of vacant office buildings, including the corner office building with the corporation's logo on top.Demolition will likely begin in the second quarter of 2022, sai...

An iconic Route 10 office tower will be demolished next year along with several other buildings on the Novartis Corp. campus in East Hanover to be replaced with modern industrial office space.

Russo Development and Onyx Equities announced the purchase of 62 acres along Route 10 and Ridgedale Avenue from Novartis and plan to eliminate 900,000 square feet of vacant office buildings, including the corner office building with the corporation's logo on top.

Demolition will likely begin in the second quarter of 2022, said Ed Russo, CEO of Russo Development. Groundbreaking on two new buildings ranging between 300,000 and 500,000 square feet should take place before the end of 2022.

“We are excited to redevelop a portion of one of northern New Jersey’s premier sites into a first-class industrial project,” Russo said. "We appreciate the opportunity to work with East Hanover and Novartis as the company transforms its East Hanover campus to a more flexible and collaborative workplace design.”

The site was carved from the 202-acre campus of Novartis' U.S. headquarters, largely consisting of the land adjacent to Route 10 east and Ridgedale Avenue. Novartis will continue to occupy the remainder of the land.

The new development will be one of the largest new industrial projects in Morris County, Russo said. Planning Board approval was obtained in July. The selling price was not released.

Representing one of Morris County's largest employers, the highly visible building was topped by a large "Sandoz" sign for decades.

The Swiss global pharma giant acquired the property in the late 1940s after outgrowing its offices in New York and began construction on the first buildings there in 1950.

Winter coming:A year into NJ's COVID vaccine rollout, waning immunity is contributing to hospitalization rise

Sandoz became one of Morris County's leading employers when it opened its East Hanover research facility in 1964. It merged with Summit-based Ciba-Geigy in 1996 to form Novartis. The company still has 4,800 employees assigned to the East Hanover campus, and 16,000 statewide, a Novartis spokesperson said.

Additional buildings along the Ridgedale Avenue corridor also are slated for demolition.

While the office market has contracted over the last decade, the market for industrial space in Morris County and New Jersey is robust, Russo said. Most of the buildings included in the sale were unoccupied when the property went on the market last year and were vacated before closing, Russo said.

"Industrial space, especially modern industrial space, is so scarce right now," Russo said. "The vacancy rates are almost zero."

He said the new buildings are characterized by single stories with high ceilings "that can accommodate uses that a traditional office building cannot, such as warehousing, R&D, manufacturing, data centers. Our company has built 10 data centers over the past 20 years."

“This project reflects Onyx’s strong track record of repositioning large corporate campuses and growing industrial pipeline, and will bring new jobs, businesses and commerce to East Hanover,” said Onyx Equities managing principal John Saraceno Jr. “Morris County is a jewel for commercial uses of all types because of its extensive highway system and pool of highly qualified, skilled labor.”

"There's great fiber optic and power infrastructure in the immediate vicinity," Russo added. "You have access to a great employment base."

The 202-acre property was assessed at $425 million this year, producing $10.2 million in property taxes for the township, tax records show.

“Novartis has been making changes to our East Hanover campus over the past few years to create a more flexible workplace design that provides our associates with more choice in where they work, both onsite and offsite, and fosters greater collaboration," th Novartis spokesperson said. "As this design is a more efficient use of space, we need fewer buildings to accommodate our employees’ workspaces and have divested approximately 62 of the 202 acres on the East Hanover Campus.”

The demolition will be done incrementally and will not involve implosion or explosives, Russo said.

This is the second joint venture between Onyx Equities and Russo Development, which are currently building Vermella Woodbridge, a mixed-use project with 500 apartments and 23,000 square feet of retail space, on 26 acres in Woodbridge acquired from Hess Corp. in 2020.

In addition to East Hanover, Russo and its partners have more than 6 million square feet of industrial projects ranging from 200,000 to 3 million square feet planned in various communities including Montville, Mahwah, Kearny and Lyndhurst.

William Westhoven is a local reporter for DailyRecord.com. For unlimited access to the most important news from your local community, please subscribe or activate your digital account today.

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