Health Care & Education

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

Residential & Mixed Use
Stockton debuts second residence hall in Atlantic City, adding 416 beds to growing campus

Stockton University has opened the doors to a second residence hall in Atlantic City, in another key step toward revitalizing and growing the resort town beyond its historic casino industry.

Office
Larken, Summit Health ink 4,000 sq. ft. renewal at Springfield office building

Summit Health has signed a renewal at a medical office building in Springfield, where it occupies more than 4,000 square feet under a lease with Larken Associates.

Health Care & Education
Prism breaks ground on 80,000 sq. ft. Hackensack Meridian facility at ON3

Prism Capital Partners has broken ground in Clifton on a new 80,000-square-foot ambulatory care center for Hackensack Meridian Health, the latest addition to its flagship ON3 campus.

Office
Plastic surgeon adds second location with 3,400 sq. ft. lease in Montvale, JLL says

A cosmetic surgery practice has joined the fast-growing roster of health care tenants at a 32,000-square-foot office building in Montvale, according to a leasing team with JLL.

Health Care & Education
Demand for lab, R&D space in New Jersey still surging as developers hunt for new supply

Turnkey, high-end life sciences space remains in high demand in New Jersey, creating an opportunity for owners of the state’s few remaining legacy pharmaceutical campuses or those that can find other ways to create new space without building speculatively.

Health Care & Education
Liberty Science Center breaks ground on STEM high school at SciTech Scity project

The Liberty Science Center has broken ground on a new high school at its large SciTech Scity development in Jersey City, where plans also call for an incubator facility and hundreds of apartments for scientists, students and other users at the site.

Office
Onyx lands 290,000 sq. ft. lease in Summit for J&J consumer health spinoff headquarters

Johnson & Johnson’s highly anticipated consumer health spinoff is leasing 290,000 square feet of office and laboratory space in Summit, in a deal that will activate a campus recently acquired by Onyx Equities.

Top News
Experts: Office conversions offer potential for supply-starved lab users, despite challenges

A biopharmaceutical firm’s plan to create a high-profile laboratory and headquarters space at a Warren office campus could be a sign of things to come in the state’s undersupplied life sciences market — despite the complexity of such a project and the challenges in finding a match.

Health Care & Education
Primary care practice takes 5,000 sq. ft. in Edgewater, NAI Hanson says

A growing primary care practice is expanding to Edgewater after leasing 5,000 square feet of medical office space, in a newly announced deal by NAI James E. Hanson.

Editor’s Note
Supply search

Our April edition highlights the ongoing demand from established pharmaceutical firms, startups and a growing pool of international users for high-quality, turnkey laboratory and manufacturing space in New Jersey — and the opportunity for landlords that can provide it.