Health Care & Education

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

Health Care & Education
Medical office buildings in South Jersey, Pennsylvania trade in $22 million sale-leaseback

A real estate investment trust has acquired a medical office portfolio in southern New Jersey and Pennsylvania’s Montgomery County, in a newly announced deal by Avison Young.

Health Care & Education
Podiatrist takes 1,600 sq. ft. at Lodi medical office building, NAI Hanson says

A podiatry practice has leased 1,608 square feet of medical office space in Lodi, brokers with NAI James E. Hanson announced Monday.

Office
Prism sells flagship ON3 office tower for $132 million, in deal with Cantor affiliate

Prism Capital Partners has sold the flagship office building at its ON3 campus, fetching more than $130 million for the fully leased, 300,000-square-foot tower in Nutley.

Office
Local buyer adds 12,000 sq. ft. Hammonton medical office complex, Vantage Commercial says

A local investor in Atlantic County has added to his portfolio with the purchase of five buildings with nearly 12,000 square feet of medical office space, according to the broker in the deal.

Office
NAI Hanson: Speech, occupational therapy practice leases 4,000 sq. ft. in Wayne

A speech and occupational therapy group has taken 4,000 square feet of office space in Wayne, in a newly announced deal by NAI James E. Hanson.

Finance & Capital Markets
Progress Capital inks $55 million loan for Newark architecture, design school project

A development team has landed nearly $55 million in financing to build out a new design-focused high school at the site of a long-shuttered hospital in Newark.

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.