Health Care & Education

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

Professional Services
Veteran medical office, health care brokers Lizzack and Horning join The Clinical Group

The Clinical Group, the growing medical real estate and health care advisory firm, has bolstered its team in a significant way with the addition of two prominent brokers in the space.

Government & Public Policy
EDA approves $359 million Aspire award for new residential, commercial tower at New Brunswick’s HELIX campus

A new project that would bring 265 apartments, office and laboratory space and housing for medical students to the emerging HELIX campus in New Brunswick is moving ahead with a newly approved, $359 million tax credit award under the state’s Aspire program.

Health Care
Pediatric dental group takes 2,400 sq. ft. in North Bergen medical office deal, NAI Hanson says

A pediatric dental practice is expanding in New Jersey after securing more than 2,400 square feet in North Bergen, in a newly announced deal by NAI James E. Hanson.

Office
Surgery center buys 107,000 sq. ft. Somerset office building, Vantage Commercial says

A health care user has acquired a nearly 107,000-square-foot office building in the Somerset section of Franklin, in a newly announced deal by Vantage Commercial.

Office
Newmark Associates inks sale of 10,000 sq. ft. professional, medical office building in Boonton

A private investor has purchased a 10,000-square-foot professional and medical office building in Boonton, according to a brokerage team with Newmark Associates CRE.

Professional Services
KSS names five new principals after promotions in Princeton, Philly offices

KSS Architects has announced five new principals, touting them as the next generation of its leadership teams across its New Jersey and Pennsylvania offices.

Retail
From boardrooms to bedrooms (and big boxes): Inside New Jersey’s office conversion boom

The District at 15fifteen in Parsippany is transforming the former Intel corporate campus on Route 10 into a 498-unit apartment complex with retail amenities. — File photo/Courtesy: Stanbery Development Group By Jeffrey L. Heller, SIOR Principal and Executive Director Avison…

Office
WCRE: Marlton medical office condo sold to owner of dermatology practice

The owner of a health care practice has acquired a more than 10,000-square-foot medical office condominium in Evesham Township, in a deal arranged by Wolf Commercial Real Estate.

Education
UCNJ kicks off DIGroup-designed update, expansion of Cranford athletics center in $30 million investment in new campus hub

Construction is underway on a major update of an athletics facility at Union College of Union County’s Cranford campus, in a project designed by DIGroup Architecture.

Health Care
First phase of New Brunswick’s HELIX campus enters final stages of construction (VIDEO)

The landmark HELIX NJ project is approaching another milestone, with only six months to go until the district’s first building makes its full-fledged debut in downtown New Brunswick.