Health Care & Education

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

Health Care & Education
Atkins sells long-held medical office buildings, tapping demand while seeking new opportunities

West Orange-based Atkins Cos. has sold some of its long-held medical office buildings in the region, capitalizing on surging investor demand for the asset class as it looks for more opportunistic ways to expand its portfolio.

Retail
Leases by CityMD, SportsMed among newest New Jersey deals by Goldstein Group

CityMD is expanding its footprint in New Jersey with a nearly 4,000-square-foot lease in Bergen County, in one of several newly announced deals by The Goldstein Group.

Editor’s Note
On the money

I’ve spent a decade watching Devco tackle some of the state’s largest, most ambitious redevelopment projects with complex capital stacks and broad coalitions of stakeholders. It’s a topic that we feature in this month’s cover story, which follows a year in which the organization broke ground on more than $1.5 billion worth of development. That makes it all the more timely for us to highlight an operation that is seemingly unlike any other developer in New Jersey.

Health Care & Education
Thor leases another 12,000 sq. ft. at lab-ready Jersey City life sciences building

A company that develops meat from cultured animal cells has become the second tenant to lease space at a newly repurposed, lab-ready building in Jersey City.

Professional Services
DMR eyes continued growth, pipeline diversity as design firm marks 30th anniversary

Three decades after its founding, DMR Architects has grown into a robust, multidisciplinary practice serving education, multifamily, health care and other public- and private-sector clients — with a pipeline valued at more than $1 billion.

Health Care & Education
LEG, biotech firm complete deal for 42 acres at massive Hopewell life sciences campus

Lincoln Equities Group will soon welcome another user to its sprawling life sciences campus in Hopewell, having sold a 42-acre portion of the property to a global biotech company.

People
Woodmont adds four team members amid growing development, investment platform

Woodmont Properties has announced four new hires to support its ongoing growth and expansion across multiple asset classes throughout the region.

Health Care & Education
NAI Hanson inks sale of Riverdale medical office building to veterinarian

The owner of a veterinary practice has acquired a 6,200-square-foot medical office building in Riverdale, under a newly announced deal by NAI James E. Hanson.

Health Care & Education
Summit Health debuts 30,000 sq. ft. office at new Montclair arts campus

Summit Health has opened the doors to a new 30,000-square-foot office in Montclair, in one of the first pieces of a new mixed-use development near the acclaimed Wellmont Theater.

Health Care & Education
Atkins sells 250,000 sq. ft. medical office portfolio in Northeast, Midwest

Atkins Cos. has sold a six-building, 250,000-square-foot medical office portfolio in four states, as it turns its focus to new acquisitions after its longtime ownership of the properties.