Health Care & Education

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

Health Care
JLL: Buyer wanted for 181,000 sq. ft. Bristol Myers lab, office facility in Warren

The owner of more than 181,000 square feet of high-end lab and office space in Warren has tapped JLL to sell the property, the longtime home of a major pharmaceutical company.

Health Care
AST, Robert Wood Johnson mark debut of 229,000 sq. ft. medical pavilion in New Brunswick

AST has completed its latest project in downtown New Brunswick, delivering a new 229,000-square-foot ambulatory care facility for Robert Wood Johnson University Hospital.h

Retail
Kushner details newest retail leases at $500 million Monmouth Square project in Eatontown

Kushner has signed a flurry of retail leases to bring new food and beverage and fitness operators to Monmouth Square, its landmark redevelopment of the Monmouth Mall site in Eatontown.

Health Care
Medical practice expanding after acquiring Roseland building, Newmark Associates says

A health care practice has acquired a nearly 2,200-square-foot medical office building in Roseland, brokers with Newmark Associates Commercial Real Estate announced.

Education
Montclair State picks JLL to find executive director for real estate, economic development

Montclair State University has tapped JLL to lead its search for a new executive director of real estate and economic development.

Retail
Sanzari, dental practice sign 3,000 sq. ft. lease renewal at Hackensack retail center

Alfred Sanzari Enterprises has signed a nearly 3,000-square-foot lease renewal to keep a national dental practice in place at its Summit Plaza property in Hackensack.

Professional Services
NAI Hanson’s Horning earns prestigious SIOR designation

NAI James E. Hanson broker Randy Horning has earned the SIOR designation from the global Society of Industrial and Office Realtors, achieving a new milestone in his 18-year career.

Office
Atkins, Denholtz bolster operations and finance teams at Westchester health care campus

Atkins Cos. and Denholtz have hired Tyler Kelsey as operations manager and Priscilla Paredes as a property accountant at a 490,000-square-foot office building in Westchester County.

Technology
EDA, Nokia Bell Labs to open new hub for commercializing research at New Brunswick’s HELIX campus

A new facility focused on commercializing scientific research is coming to the HELIX — the acclaimed campus under construction in downtown New Brunswick — under a partnership announced this week by state officials and Nokia Bell Labs, a future tenant at the site.

Office
JLL: Pharma, life sciences tenants still loom large in New Jersey after an active 2024

Life sciences companies accounted for nearly a third of all leases signed in New Jersey last year, showing the industry’s continued role in the state’s changing commercial real estate market.