Health Care & Education

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

Residential & Mixed Use
JLL tapped to arrange sale of 126-bed Rutgers student housing portfolio in New Brunswick

The owner of a two-building, 126-bed student housing portfolio near Rutgers University in New Brunswick has hired JLL to market the properties for sale.

Professional Services
Adding talent: How DMR has embraced intern-to-hire strategy (and more) to grow its team

DMR Architects has leveraged its internship-to-hire strategy and other means of cultivating young talent, maintaining a strong foundation as it supports an evolving project portfolio.

Office
Pediatric ENT practice launches with 5,700 sq. ft. lease in Cherry Hill, Rose Commercial says

A pediatric ear, nose and throat practice has taken more than 5,700 square feet at a Cherry Hill office building, in a deal arranged by Rose Commercial Real Estate.

Office
Health care firm buys Matawan office building after leasing space last year, Zimmel says

A growing health care network has acquired a 46,000-square-foot office building in Matawan, in a deal arranged by Zimmel Associates.

Community
J&L’s latest ‘Build-a-Backpack’ event benefits charter school students in downtown Newark

More than 150 students in downtown Newark will start the school year with new backpacks and classroom supplies thanks in large part to an initiative by J&L Cos.

Retail
Wonder, chiropractor take space at Prism’s mixed-use Avenue & Green project in Woodbridge

Prism Capital Partners has filled the retail space at its mixed-use Avenue & Green property in Woodbridge after securing leases with Wonder, the food hall and delivery startup, and a chiropractic and physical therapy practice.

Health Care
Newmark: Tenants wanted for new 52,000 sq. ft. medical office building in Hackensack

The developer of nearly 52,000 square feet of new medical office space in Hackensack has brought the building to market alongside a leasing team with Newmark.

Health Care
Children’s Hospital of Philadelphia eyes new Hamilton facility after buying ex-theater site

The Children’s Hospital of Philadelphia has acquired a former AMC movie theater property in Hamilton as part of a plan to bring a new pediatric care facility to the Mercer County township.

Education
Petrucci expands education portfolio with acquisition of North Bergen school building

J.G. Petrucci Co. Inc. has acquired a 34,000-square-foot school building in North Bergen as part of a push to expand its footprint in the education sector.

Technology
Newmark: Onyx, MIG sell portion of NEST campus to CoreWeave for $322 million

Onyx Equities and Machine Investment Group have sold a piece of the acclaimed NEST campus in Kenilworth to CoreWeave — the fast-growing cloud provider that is slated to build a data center at the property — in a deal valued at $322 million.