Health Care & Education

The health care and education sectors are undergoing dramatic changes. So are their real estate needs.

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Real Estate NJ’s 2025 Market Forecast

Commercial real estate leaders have entered 2025 with varying levels of optimism. That’s evident from this year’s Real Estate NJ Market Forecast, where you’ll find everything from caution to confidence about how the sector will perform as it balances strong fundamentals in several key asset classes with new regulatory headwinds, nagging inflation and what seems to be a lingering lack of clarity over when lower interest rates will truly impact the industry.

You can read all about it in our 2025 Market Forecast, which features predictions and insights from some of the state’s leading voices in commercial real estate.

Education
Kislak: Site of 8,000 sq. ft. ex- Goddard School building in Jackson trades for $2.8 million

The former site of a preschool and daycare center in Jackson Township has changed hands for $2.8 million, in a newly announced deal by The Kislak Co. Inc.

Health Care
Marcus: 24,000 sq. ft. medical, retail complex in Deptford trades for $5.4 million

Strategic Funding Alternatives LLC has sold a nearly 24,000-square-foot medical and retail property in Deptford Township for $5.375 million, in a deal arranged by Marcus & Millichap.

Professional Services
DIGroup leader Myers wins ‘Diversity in Business’ honor from Philly business journal

The Philadelphia Business Journal has recognized Vince Myers, president and cofounding principal of DIGroup Architecture, as a 2025 Diversity in Business honoree.

Government & Public Policy
EDA approves $17.7 million Aspire award for Camden affordable housing, health center project

A development group has secured a nearly $18 million state tax credit award for a plan to build 30 units of affordable housing and a new health center in Camden’s Parkside neighborhood.

Education
Rutgers Center for Real Estate gathers students, industry leaders for annual scholarship dinner

Dozens of aspiring commercial real estate professionals came together earlier this month as the Rutgers Center for Real Estate hosted its fifth annual scholarship celebration, joining a group of seasoned industry leaders and others who are supporting their education.

Retail
Bell Works to welcome indoor pickleball venue alongside growing retail, service roster

An indoor pickleball venue is coming to the sprawling Bell Works campus in Holmdel, joining several other new additions to the property’s fast-growing tenant mix.

Health Care
North Jersey Physical Therapy takes 1,800 sq. ft. near Morristown, Sheldon Gross says

A physical therapy practice has leased nearly 1,800 square feet at a medical office building outside Morristown, in a transaction arranged by Sheldon Gross Realty.

Technology
NJIT to open 25,000 sq. ft. translational research center at NEST campus in Kenilworth

New Jersey Institute of Technology is planting a flag at the Northeast Science and Technology Center in Kenilworth, with plans to open a new research hub at the fast-growing campus.

Health Care
NAIDB: Health care users combine for 20,000 sq. ft. in Central Jersey office deals

Three health care tenants have signed leases in Bridgewater and South Plainfield as part of a series of newly announced office deals by NAI DiLeo-Bram & Co.