Health Care & Education

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

Office
Fully occupied, 19,000 sq. ft. Parsippany office building trades for $4.4 million

Colliers has facilitated the sale of a 19,298-square-foot boutique office building in Parsippany for $4.4 million to a private New Jersey-based investor.

Office
In-home care provider leases 2,400 sq. ft. in Summit, NAI Hanson says

A growing provider of in-home care has taken more than 2,400 square feet of office space in downtown Summit, brokers with NAI James E. Hanson said Wednesday.

Health Care & Education
TFE inks three health care leases at revamped retail sites in East Brunswick, Freehold

Development firm TFE Properties has attracted three health care tenants for a combined 63,000 square feet at repurposed retail sites in East Brunswick and Freehold.

Office
Visikol adds 11,000 square feet to Hunterdon facility for lab, office space

Visikol, a contract research services company in the life sciences sector, has expanded its footprint in Hunterdon County by 11,000 square feet with the addition of lab and office space.

Health Care & Education
NAI Hanson inks 5,600 sq. ft. medical office lease in Paramus

NAI James E. Hanson has negotiated a lease for a 5,599-square-foot medical office in Paramus.

Health Care & Education
Steel frame complete for new 229,000 sq. ft. RWJ medical pavilion in New Brunswick

A new ambulatory medical pavilion in New Brunswick is on track to open by mid-2023 after stakeholders this week marked the completion of the building’s 15-story steel frame.

Office
Kimmerle details newly expanded, 17,000 sq. ft. office for Newark-based staffing firm

A health care staffing firm has completed a major expansion in Newark as part of a project spearheaded by Kimmerle Group, the Harding Township-based design and planning practice.

Top News
Stockton honors Hanson for role in Atlantic City, marks milestone for new residence hall

The team behind a new Stockton University residence hall in Atlantic City gathered last week to highlight the project, slated to open in fall 2023, while honoring the revered developer Jon F. Hanson for his role in guiding new investment to the resort town.

Deals
Therapist acquires 2,400 sq. ft. property in Monmouth County, Sheldon Gross says

114 Route 34 in Matawan — Courtesy: Sheldon Gross Realty By Joshua Burd A mental health therapist has purchased a 2,400-square-foot property in Matawan for $360,000, according to a brokerage team with Sheldon Gross Realty. In a news release, the…

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.