Health Care & Education

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

Industrial
Newark warehouse deal among five recent leases, sales by Newmark Associates

An industrial linen business has leased a 12,000-square-foot warehouse in Newark, in one of several newly announced transactions by Newmark Associates CRE.

Office
Larken Associates, optometrist sign 1,200 sq. ft. lease in Raritan Borough

An optometry practice has found a new home in Somerset County after signing a nearly 1,200-square-foot lease with Larken Associates.

Retail
AFC signs three leases in New Jersey, amid flurry of moves by urgent care tenants

AFC Urgent Care is expanding in New Jersey after signing three leases totaling more than 9,000 square feet, in a series of newly announced transactions by The Goldstein Group.

Health Care & Education
Senior housing, nursing facility in Hamilton sells for $98 million

The developer of a 195-unit senior housing, assisted living and memory care facility in Hamilton has sold the property for nearly $98 million, according to brokers with Cushman & Wakefield.

Top News
Walker & Dunlop joins Rutgers Center for Real Estate as corporate sponsor

The Rutgers Center for Real Estate has announced Walker & Dunlop as its newest corporate sponsor, bringing additional support, mentorship and training opportunities to students of the nearly decade-old program.

Health Care & Education
Atlantic County medical office campus, development site fetches $6.1 million

A personal trust has sold a partially completed medical office campus in Little Egg Harbor for $6.1 million, in a recently completed deal by Marcus & Millichap.

Professional Services
Gilbane taps Cornick as vice president, New Jersey business unit leader

Gilbane Building Co. has named a new head of its New Jersey office, promoting a longtime team member to the role of vice president and business unit leader in the state.

Health Care & Education
Freehold medical office building trades for $8.2 million

A real estate investment trust has purchased a medical office building in Freehold for $8.2 million, according to a brokerage team with Physician Real Estate Capital Advisors.

Retail
NAI Hanson: SportsCare takes 2,400 sq. ft. at Bergenfield strip center

A physical therapy chain has leased nearly 2,500 square feet of retail space in downtown Bergenfield, in a newly announced transaction by NAI James E. Hanson.

Top News
Kislak family pledges $2 million to Monmouth for permanent real estate program directorship

The family of the late Jay I. Kislak has extended its support for Monmouth University, pledging $2 million to establish a permanent endowed directorship for the school’s real estate program.