Health Care & Education

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

Health Care & Education
Bergman, pediatric therapy practice ink 13,000 sq. ft. lease in Fairfield, NAI Hanson says

Bergman Real Estate Group has leased nearly 13,000 square feet in Fairfield to a growing pediatric therapy practice in the region, according to a broker with NAI James E. Hanson.

Office
Autism service provider takes 4,800 sq. ft. in downtown Chatham, NAI Hanson says

An autism service provider has leased nearly 5,000 square feet of medical office space in Chatham, in a newly announced deal by NAI James E. Hanson.

Health Care & Education
Atkins, mental health practice complete lease at medical office building in Medford

Atkins Cos. has signed a lease to bring a counseling and therapy practice to a 46,000-square-foot medical office building in Burlington County.

Health Care & Education
EDA approves $271 million tax credit for massive health, life sciences campus in New Brunswick

The state has approved a $271 million tax credit for a plan to build more than 570,000 square feet of research and academic space in downtown New Brunswick, including a new home for the state’s flagship medical school and facilities for startups and entrepreneurs.

Top News
Red Bulls, Gensler detail plans for newly approved training campus in Morris Township

The New York Red Bulls have tapped Gensler as its lead architect for a long-awaited new training complex in Morris Township, where plans call for redeveloping a large piece of the former Honeywell International headquarters property.

Health Care & Education
CBRE: Vacancy in New Jersey lab, R&D space ticks down, with large users still in the market

The stock of available life sciences space in New Jersey continues to shrink, despite some headwinds, following strong activity in 2022 and what’s likely to be ongoing demand.

Events
Cushman’s Donnelly among honorees slated for NAIOP New Jersey’s 36th annual gala

Veteran office broker Robert Donnelly will receive NAIOP New Jersey’s lifetime achievement award later this year, one of several honorees unveiled Thursday by the commercial real estate association.

Office
AEP, Valley Health ink 23,000 sq. ft. office lease in Paramus, C&W says

American Equity Partners has signed a deal to bring a new health care tenant to a nearly 120,000-square-foot office building in Paramus, brokers with Cushman & Wakefield said.

Professional Services
Veteran architect Weston begins term as AIA New Jersey chapter president

A veteran of the design and construction industry has kicked off his tenure as president of the American Institute of Architects’ New Jersey chapter.

Government & Public Policy
Rutgers launches study on parking usage at multifamily sites, seeking updated state guidelines

The Rutgers Center for Real Estate has launched a study that it hopes will capture real-time data on parking usage at residential properties in New Jersey, as it pushes for updates to the decades-old standards that towns and cities use to guide land use and redevelopment.