Health Care

Health Care
Atkins lands new property management assignments in five-building deal with Rothman

Atkins Cos. has expanded its property management portfolio with a five-building, 150,000-square-foot assignment on behalf of Rothman Orthopaedics.

Deals
Kislak: Investor buys 15,000 sq. ft. medical, retail property in Flemington for $4.8 million

A private investor has purchased more than 15,000 square feet of medical office and retail space in Flemington for some $4.8 million, according to a listing team with The Kislak Co. Inc.

Health Care
CBRE: Teen treatment facility takes 4,100 sq. ft. in Livingston medical office deal

The owner of a boutique medical office building in Livingston has leased up the property after securing a deal with a mental health and substance abuse treatment facility for teens.

Office
Vantage Commercial inks sale of medical office building in Cape May Court House

A private investor has purchased a fully leased medical office building in Cape May Court House, in a newly announced deal by Vantage Commercial.

Residential & Mixed Use
Paramus tract slated for 162-unit luxury senior housing project sells for $9.25 million

A developer has acquired nearly 10 acres in Paramus with approvals in place for 162 age-restricted apartments, according to a brokerage team with Hudson Atlantic Realty.

Health Care
Growing aesthetic, longevity clinic takes 2,200 sq. ft. in Warren, Deluccia says

A medical aesthetic and longevity practice has leased nearly 2,200 square feet at a Warren commercial property, in a deal arranged by Deluccia Commercial Group.

Retail
Wellness practice for active adults, families leases 3,700 sq. ft. in Livingston, CBRE says

A health care user has taken more than 3,700 square feet at a mixed-use commercial property in Livingston, in a newly announced deal by CBRE.

Finance & Capital Markets
JLL sources $48 million refi loan for 165-unit senior housing portfolio in Bergen, Rockland

The owners of senior housing communities in northern New Jersey and the Lower Hudson Valley have refinanced the portfolio for $48 million, brokers with JLL said Monday.

Retail
Azarian: Pearle Vision leases 2,400 sq. ft. at Route 1 shopping center in Metuchen

A new Pearle Vision is opening in Metuchen after taking space at a highway commercial property, according to a brokerage team with Azarian Realty Co.

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

Empty office buildings and half-vacant corporate campuses have become a familiar sight in New Jersey. In the wake of the pandemic, and the rise of remote and hybrid work, companies are using less space and leaving behind millions of square feet of surplus offices. At the same time, there’s a pressing need for housing and modern industrial facilities. It’s no surprise then that developers in the Garden State are increasingly turning these underused offices into multifamily residences and warehouses. This white paper explores the scale and characteristics of New Jersey’s office conversion boom focusing on the transformation of offices into residential and industrial uses as well as the impact it will have on developers, investors and occupiers.