Health Care & Education

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

Cover Story
Legacy moment: Inside the landmark deal to bring Nokia Bell Labs to New Brunswick’s HELIX campus

The historic deal to bring Nokia Bell Labs to New Brunswick was nearly a year in the making, beginning in earnest with the company’s visit to a four-acre construction site downtown.

Office
Kremer Eye Center expands to 9,800 sq. ft. inside Cherry Hill office park

A vision care and surgery center has expanded at a Cherry Hill office park, where it now occupies nearly 10,000 square feet under a deal with Diversified Management Plus.

Health Care & Education
Prism touts construction progress as steel rises for new HMH medical facility at ON3

A new 80,000-square-foot ambulatory care center is rising in Clifton as part of what will be another addition to Prism Capital Partners’ mixed-use ON3 campus.

Health Care & Education
Cresa: Rothman closes 2023 with 127,000 sq. ft. in Northeast real estate deals

Rothman Orthopaedic Institute has inked a flurry of real estate deals in the region, including two in New Jersey, in a series of year-end transactions arranged by Cresa.

Health Care & Education
Specialty health care provider takes 1,700 sq. ft. in Bloomfield, NAI Hanson says

A specialty medical practice is expanding to northern New Jersey after a lease at a Bloomfield office building, in a newly announced deal by NAI James E. Hanson.

Office
JLL: Horizon adds 150,000 sq. ft. Jackson medical office building, in $24 million deal

Horizon Equities has acquired a 150,000-square-foot medical office building in Jackson for $24 million, in a newly announced deal by JLL.

Professional Services
DMR taps Kapoor as CEO and president, as Rosenberg moves to chairman role

DMR Architects has named a new CEO and president for the first time in its 32-year history, with industry veteran Pradeep Kapoor taking the reins from founder Lloyd A. Rosenberg.

Health Care & Education
Larken, pediatric therapy center sign 5,400 sq. ft. medical office deal in Lawrenceville

Larken Associates has signed a new medical office lease in Lawrenceville with a practice that serves children and young adults with autism spectrum disorder.

Finance & Capital Markets
Unity Bank closes construction loan for Hunterdon assisted living, memory care project

A developer has snagged a multimillion-dollar construction loan for a 122-unit assisted living and memory care residential facility in Clinton Town.

Health Care & Education
Life sciences firm moving to Jersey City from Brooklyn, inking lease at Thor’s 95 Greene

Another life sciences company is headed to Jersey City from Brooklyn under a newly completed lease with Thor Equities Group, in a deal arranged by brokers with JLL.