Health Care & Education

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

Retail
Adult medical day care operator leases 6,200 sq. ft. in Sayreville, Azarian says

An adult medical day care center is coming to Sayreville after leasing space at a shopping center off Route 9, in a newly announced deal by Azarian Realty Co.

Office
Zimmel: Health care consulting firm takes 16,000 sq. ft. in Matawan office deal

A health care consulting firm has leased more than 16,000 square feet at a Matawan office building, in a newly announced deal by Zimmel Associates.

Health Care & Education
Atkins teams with doctors to bring new luxury plastic surgery center to Manhattan

Atkins Cos. has completed a project that has brought a new luxury aesthetics and plastic surgery center to Manhattan’s Hudson Square neighborhood.

Professional Services
Veteran health care real estate broker Kretowicz joins WCRE as executive vice president

Wolf Commercial Real Estate has bolstered its presence in health care with the addition of veteran broker and industry specialist Kim Kretowicz.

Professional Services
DMR Architects bolsters education team with four new hires

DMR Architects has made four new hires to support its pipeline of education projects, which now spans more than $300 million in development activity across the state.

Health Care & Education
Hackensack Meridian breaks ground on new office, health center at mixed-use Metropark site

Construction is set to begin on nearly 250,000 square feet of new corporate and medical office space in Woodbridge, the future home of a Hackensack Meridian Health facility and the first piece of a distinctive mixed-use project at the Metropark train station.

Professional Services
DIGroup names Haas, Koehler to leadership team as associates

DIGroup Architecture has promoted both Kate Haas and Debbie Koehler to the associate level, making them the first non-architects at the 18-year-old firm to achieve the designation.

Office
Genmab secures $8.4 million Emerge tax credit for 135,000 sq. ft. expansion in Plainsboro

Global biotech firm Genmab is adding more than 135,000 square feet to its footprint in Plainsboro after being approved for a seven-year, $8.4 million tax credit package from the state Economic Development Authority.

Government & Public Policy
EDA approves $114 million tax credit for major HMH health care hub, apartments at Metropark

The state has pledged nearly $114 million in tax credits over 10 years to a project that would transform the Metropark train station in Woodbridge, where plans call for 235 apartments and nearly 250,000 square feet of office and medical space for Hackensack Meridian Health.

Top News
JLL: More moves ahead for life sciences firms seeking higher-end space in New Jersey

New Jersey’s life sciences sector is poised for continued growth in 2024, following a year in which the industry was a key source of demand for commercial real estate owners.