Health Care & Education

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

Devco celebrates Title IX anniversary, women’s sports at Rutgers in latest NIL deal

New Brunswick Development Corp. has unveiled its latest partnership with collegiate athletes at Rutgers University, as it marks the 50th anniversary of the historic Title IX gender equality law and the arrival of women’s sports at the school’s flagship campus.

NAI Hanson: U.K.-based dental lab inks lease in Lodi for first U.S. location

A dental laboratory has secured its first U.S. location with a newly signed lease at a Bergen County industrial building, according to brokers with NAI James E. Hanson.

Buyer wanted for 49,000 sq. ft. office, medical building in Monmouth County

The owner of a nearly 50,000-square-foot office and medical building in Monmouth County is seeking a buyer for the property.

Bolstering the ranks

As you’ll read in this month’s cover story, Prologis’ growing team is supporting a portfolio that now spans 44 million square feet across 200 properties in New Jersey and New York. Growing that footprint will come in a number of ways, Harty said, including the types of creative, value-add projects that involve redeveloping former office campuses. That, in turn, requires additional development and construction personnel like the kind that Prologis has added in recent months. And it comes as the company also hires for what’s known as its Essentials platform, which provides services to tenants such as helping them source materials for their building fit-outs, in a bid to engage them “beyond the four walls and the real estate.”

Fully occupied, 19,000 sq. ft. Parsippany office building trades for $4.4 million

Colliers has facilitated the sale of a 19,298-square-foot boutique office building in Parsippany for $4.4 million to a private New Jersey-based investor.

In-home care provider leases 2,400 sq. ft. in Summit, NAI Hanson says

A growing provider of in-home care has taken more than 2,400 square feet of office space in downtown Summit, brokers with NAI James E. Hanson said Wednesday.

TFE inks three health care leases at revamped retail sites in East Brunswick, Freehold

Development firm TFE Properties has attracted three health care tenants for a combined 63,000 square feet at repurposed retail sites in East Brunswick and Freehold.

Visikol adds 11,000 square feet to Hunterdon facility for lab, office space

Visikol, a contract research services company in the life sciences sector, has expanded its footprint in Hunterdon County by 11,000 square feet with the addition of lab and office space.

NAI Hanson inks 5,600 sq. ft. medical office lease in Paramus

NAI James E. Hanson has negotiated a lease for a 5,599-square-foot medical office in Paramus.

Steel frame complete for new 229,000 sq. ft. RWJ medical pavilion in New Brunswick

A new ambulatory medical pavilion in New Brunswick is on track to open by mid-2023 after stakeholders this week marked the completion of the building’s 15-story steel frame.