Health Care & Education

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

Health Care
Stone Creek tapped to transform three United Vein & Vascular Centers in North Jersey

A vein and vascular care practice has picked Stone Creek Construction Group to renovate three of its facilities in northern New Jersey, adding to the contractor’s growing health care pipeline.

Office
CPN: Orthodontist signs new 1,100 sq. ft. deal in Pennington after buying existing practice

An orthodontist has signed a new lease at a Pennington office building after acquiring a practice long based at the property, in a deal arranged by Commercial Property Network Inc.

Health Care
JLL’s Morristown-based team lists 127,000 sq. ft. medical office, retail property on Long Island

The owner of more than 127,000 square feet of medical office and retail space on Long Island has tapped JLL’s Morristown-based capital markets team to sell the property.

Education
SLIDESHOW: Students, CRE leaders gather as Rutgers Center for Real Estate marks 10 years

The Rutgers Center for Real Estate welcomed industry leaders alongside alumni and staff last month as the program marked its 10th anniversary at a reception in Piscataway.

Community
Local leaders, donors break ground on new Bergen County history museum

Construction is underway on a new museum that will showcase Bergen County’s storied history, part of a multiphase project that could also include a pavilion and expanded exhibit spaces.

Professional Services
Gilbane taps Anderson as new business leader of New Jersey office

Gilbane Building Co. has a new leader in its New Jersey office after promoting John E. Anderson III, a veteran project manager and member of its team for more than a decade.

Health Care
JLL: Bristol Myers Squibb eyes sale, partial leaseback of 1.2 million sq. ft. Summit campus

Bristol Myers Squibb is looking to sell a nearly 1.2 million-square-foot life sciences campus in Summit, bringing the well-known property back to the market after it changed hands in 2015.

Residential & Mixed Use
SJP, Claremont eye groundbreaking for 444-unit rental tower at historic Jersey City church site

SJP Properties, Claremont Development and Battery Global Advisors are set to begin construction on a new 444-unit luxury rental tower in Jersey City, having secured joint venture equity and financing in connection with the project.

Health Care
Seven-building, 45,000 sq. ft. medical office park in Clementon sells for $6.7 million

A private investor has purchased a nearly 45,000-square-foot medical office campus in Camden County for $6.7 million, brokers with Marcus & Millichap said Monday.

Education
Newmark Assoc.: Chabad buys 35,000 sq. ft. Florham Park property in multimillion-dollar deal

Chabad of SE Morris County has acquired a 35,000-square-foot building in Florham Park, according to a brokerage team with Newmark Associates Commercial Real Estate.