Health Care & Education

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

Deals
Resource Realty of Northern New Jersey touts 866,000 sq. ft. in leases, sales at midyear

Three key asset classes have fueled leasing and sales activity for Resource Realty of Northern New Jersey, helping it complete more than 40 transactions during the first half of 2024.

Deals
Evergreen Theragnostics adds new spaces in Springfield, in deals arranged by Sheldon Gross

A life sciences firm has expanded in Springfield with two additional leases in the township, in a set of newly announced deals by Sheldon Gross Realty.

Top News
NAI Hanson: Buyer wanted for prime development site in downtown Hackensack

A development site across from Hackensack University Medical Center is on the market for sale, offering the potential to build everything from housing to laboratory space to structured parking.

Deals
Zimmel inks sale of 13,000 sq. ft. East Brunswick medical building

Zimmel Associates has brokered the sale of a 13,336-square-foot medical building in East Brunswick to Avatar Residential Detox Center for $2.1 million, the firm announced Tuesday.

Professional Services
DMR: New Middlesex College student center to bolster meeting spaces, culinary program

A new 30,000-square-foot student center is coming to Middlesex College as part of a multiphase plan to modernize its main campus in Edison.

Office
WCRE brokers sale of 1,500 sq. ft. medical office condo in Voorhees

A private entity has sold a 1,500-square-foot medical office condominium in Voorhees, in a newly announced deal by Wolf Commercial Real Estate.

Health Care & Education
Medical office leases in Mercer, Middlesex among latest deals by Fennelly Associates

A pediatric neurology practice has leased 3,800 square feet of medical office space in Hamilton, in the largest of four newly announced deals by Fennelly Associates.

Government & Public Policy
State OKs $22 million Aspire package for Newark health care center project

State officials have given a major boost to another development in Newark, approving a nearly $22 million tax credit award for a new ground-up health care project in the South Ward.

Health Care & Education
Nonprofit vaccine developer takes 30,000 sq. ft. at Jersey City life sciences building, CBRE says

Thor Equities Group has signed a new deal at its life sciences building in Jersey City, leasing nearly 30,000 square feet of lab-ready space to a nonprofit biotechnology organization.

Office
Marcus: New York buyer acquires 35,000 sq. ft. Livingston medical office building for $13.5 million

A local partnership has sold a nearly 35,000-square-foot medical office building in Livingston for $13.5 million, in a newly announced deal by Marcus & Millichap.