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CBRE inks sale of eight-acre redevelopment site in Morris County

CBRE inks sale of eight-acre redevelopment site in Morris County

by Joshua Burd | Oct 10, 2019

A rendering of a new multiservice medical office center at 757 Route 15 in Jefferson Township — Courtesy: CBRE By Joshua Burd A developer has acquired a vacant former supermarket property in Morris County, where it’s now planning a multiservice medical office center....
NKF touts $152 million sale of Bridgewater life sciences campus

NKF touts $152 million sale of Bridgewater life sciences campus

by Joshua Burd | Sep 27, 2019

The New Jersey Center of Excellence in Bridgewater By Joshua Burd A joint venture has reaped more than $150 million from the sale of a high-profile life sciences campus in Bridgewater, under a recent transaction by Newmark Knight Frank. Brokers with NKF on Monday...

JLL: Atlantic Health adds 92,000 sq. ft. ‘health pavilion’ in Rockaway for $26 million

by Joshua Burd | Sep 13, 2019

By Joshua Burd Atlantic Health System has acquired a 92,326-square-foot property in Rockaway for nearly $26 million, becoming an owner-occupier at a site that already houses many of its medical services. The hospital network and brokers with JLL announced the $25.9...
Summit Medical inks $140 million sale of flagship medical office campus

Summit Medical inks $140 million sale of flagship medical office campus

by Joshua Burd | Sep 10, 2019

By Joshua Burd Summit Medical Group has sold its flagship 270,000-square-foot medical office campus in Berkeley Heights, where it is now a tenant as part of a sale-leaseback agreement. Brokers with JLL represented Summit Medical in the sale of the six-building,...
JLL: Mahwah investor expands out of state, acquires medical office asset in Syracuse

JLL: Mahwah investor expands out of state, acquires medical office asset in Syracuse

by Joshua Burd | Aug 22, 2019

Crouse Medical Center at 5000 Brittonfield Parkway in Syracuse — Courtesy: JLL By Joshua Burd A Mahwah-based commercial real estate investor has acquired a two-building medical office complex in Syracuse, New York, in an $18 million sale arranged by JLL. Brokers,...
Progress inks $16 million acquisition loan for student housing portfolio

Progress inks $16 million acquisition loan for student housing portfolio

by Joshua Burd | Aug 18, 2019

A student housing portfolio adjacent to Lehigh University in Bethlehem, Pennsylvania — Courtesy: Progress Capital By Joshua Burd Progress Capital has arranged $16 million in financing for a client to acquire a 219-bed, multisite student housing portfolio near...
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