A portion of Belleville’s former Roche Diagnostics campus is being redeveloped into a new retail hub anchored by Starbucks and Chipotle, according to a release from JLL Capital Markets.

JLL Capital Markets announced it secured construction financing for 11 Franklin Ave., a retail project in Essex County. The loan was arranged on behalf of developers Tulfra Real Estate and The Hampshire Companies through First Bank.

The 18.7-acre property was acquired as part of the Roche Diagnostics Redevelopment Area. The first building, which opened in October 2022, is fully leased to Starbucks. A second building will include three restaurant tenants — one of which is Chipotle, which has signed a long-term lease. Negotiations are ongoing with two additional national retailers.

“This property’s prime l

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