Health Care & Education

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

Office
Cash buyer grabs 26,000 sq. ft. medical office building in Basking Ridge, C&W says

A private investor has purchased a more than 26,000-square-foot medical office building in the Basking Ridge section of Bernards Township, brokers with Cushman & Wakefield announced.

Top News
Devco’s Paladino to be inducted into New Jersey Hall of Fame as part of star-studded 2026 class

One of the driving forces behind the transformation of New Brunswick and several other cities in the state is joining the New Jersey Hall of Fame.

Community
Oates, Frassetto named co-chairs of Hope for Children Research Foundation advisory board

The Hope for Children Research Foundation has tapped an esteemed New Jersey real estate executive and a New York Giants legend to lead its executive board of advisers.

Education
Embracing the future: NJIT’s Profeta Real Estate Center launches, with a focus on cross-disciplinary education for a changing industry

New Jersey Institute of Technology marked the official launch of the Profeta Real Estate Center, a program that will combine finance, engineering, architecture and environmental skills in one graduate degree to provide training in all aspects of development and management.

Industrial
C&W: Investor grabs 32,000 sq. ft. South Plainfield industrial building for $3.8 million

The site of a nearly 32,000-square-foot former GE Healthcare facility in South Plainfield has traded for $3.8 million, brokers with Cushman & Wakefield announced Wednesday.

Finance & Capital Markets
JLL: East Brunswick senior living facility taking shape with $35 million construction loan

The developers of a new 100-bed assisted living and memory care facility in East Brunswick have closed on more than $35 million in construction financing, in a deal arranged by JLL.

Education
NJIT’s Profeta Real Estate Center launching June 23, seeking to reshape real estate education

The Profeta Real Estate Technology, Design and Innovation Center will officially launch next week at New Jersey Institute of Technology, marking the start of what’s meant to be a pioneering cross-disciplinary program to produce the industry’s most well-rounded graduates.

Deals
Dental restoration lab inks 10-year lease for 22,000 sq. ft. Piscataway facility, Deluccia says

A dental laboratory has secured a new facility after taking 22,000 square feet of commercial space in Piscataway, according to brokers with Deluccia Commercial Group.

Community
Walters presents annual scholarships to four Ocean County high school seniors

Walters has awarded a combined $8,000 in scholarships to four graduating seniors from Ocean County, continuing a long-running program by the Barnegat-based developer.

Education
Denholtz receives 2026 Leadership Excellence Award from Monmouth’s Kislak Institute’s

Monmouth University has recognized another one of New Jersey’s esteemed developers, honoring Denholtz Chairman Steven Denholtz last week during the Kislak Real Estate Institute’s 30th Annual Leadership Excellence Awards Dinner.