Onyx Equities, Machine Investment Group buys 2msf campus

A joint venture between Onyx Equities and Machine Investment Group has acquired Merck Sharp & Dohme, former world headquarters, which features nearly 2 million square feet of biologics, research, and development buildings on its 108-acre campus in Kenilworth, N.J.

The sales price was not disclosed.

This closing represents one of the largest New Jersey office and life sciences transactions in history.

The venture will market the site’s state-of-the-art laboratories and support facilities to biotechnology, pharmaceutical, and technology companies that value a highly educated life sciences labor pool and proximity to regional infrastructure and thoroughfares. Merck will lease back all the historic site, vacating in phases over the next several years.

“This collaboration is an incredible opportunity to help reimagine the hub of life sciences while also continuing Merck’s strong history and legacy of serving patients and communities,” said Shefali