Health Care & Education

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

JLL tapped to oversee sale of 1.14 million sq. ft. pharmaceutical campus

The brokerage team that has sold many of New Jersey’s most high-profile pharmaceutical campuses has its latest assignment — the 1.14 million-square-foot Bristol-Myers Squibb research and development complex in Hopewell.

Medical anchor opens at $70 million Marlton redevelopment

Virtua Medical Group has opened its doors at a new location in Burlington County, where it is serving as the anchor in a mixed-use, $70 million redevelopment of a former shopping center.

Private school leases 45,000 sq. ft. in Marlton, WCRE says

More than half of a former elementary school in Evesham will become home to a private education operator, following a lease arranged by brokers with Wolf Commercial Real Estate.

Developer buys 46,400 sq. ft. medical office building in Medford

A joint venture has paid $2.4 million for a 46,400-square-foot medical office building in Medford, where it’s planning a series of upgrades to help transition it from condominium units to a single-ownership structure.

Rowan developer unveils ‘centerpiece’ of $400 million campus project

A developer has taken the wraps off the largest piece of a mixed-use, $400 million project that has transformed Rowan University’s footprint in downtown Glassboro.

Biotech startup commits to former Roche campus in Nutley, reports say

A biotech firm has reportedly opted to move its headquarters from Brooklyn to a piece of the former Hoffmann-LaRoche campus in Nutley, following the approval of a $32.3 million state tax credit aimed at luring the company to New Jersey.

Architecture firm completes redesign of county college media center

A library at the Essex County College campus in Newark is reopening this month as a modern media center and student lounge, following a project designed by an area architecture firm.

Sports bar coming to TCNJ’s Campus Town, PRC Group says

A sports bar and restaurant chain is expanding from South Jersey and Philadelphia to become the newest addition at Campus Town, the privately built student housing and retail development at The College of New Jersey.

New tenants coming to Halsey Street in Newark, Pierson Commercial says

A fitness operator and a burger chain that is expanding into New Jersey will be among the newest tenants in downtown Newark, following leases brokered by Pierson Commercial.

Rutgers announces 2017 advisory board members

The Center for Real Estate at the Rutgers Business School has unveiled its 2017 advisory board and council of emerging leaders, adding to a roster that has come to include dozens of industry heavyweights and top professionals in New Jersey.