After decades of consolidation by Big Pharma, demand for modern lab and diagnostic space in New Jersey is on the rise, fueling rent growth and pushing some developers to consider new laboratory projects.
The LeFrak family has contributed $100,000 to the Jersey City Medical Center Foundation to support the hospital’s growing needs in the face of the COVID-19 pandemic.
Lee & Associates New Jersey has donated $10,000 to a fund managed by St. Joseph’s Health, seeking to support the hospital network in its battle against the coronavirus crisis.
A joint venture has acquired the 1.2 million-square-foot Bristol-Myers Squibb campus in Hopewell, seeking to attract new tenants amid continued growth in the life sciences sector.
DMR Architects is progressing on a host of residential, governmental and education projects in New Jersey, with design and construction ongoing in spite of the coronavirus crisis.
The Walsh Company has enjoyed a fast start since it was relaunched last fall, with new assignments including roles as a general contractor, project manager and client representative. But Ed Walsh has also set his sights on an altogether new business: a lighting platform that he says provides users with greater control, efficiency and transparency than traditional fixtures.
An investment group has secured a $50 million loan to convert a historic Bronx warehouse to a new charter school, under a newly announced transaction by Progress Capital.
A religious school in Clifton has tapped the Walsh Company to install a new specialty lighting system and oversee renovations and improvements at the facility.
The Blau & Berg Co. has secured a new 5,800-square-foot space in Morristown on behalf of a physical therapy company, while also helping the operator source a small business loan.