Health Care & Education

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

NAI Hanson inks sale of Riverdale medical office building to veterinarian

The owner of a veterinary practice has acquired a 6,200-square-foot medical office building in Riverdale, under a newly announced deal by NAI James E. Hanson.

Summit Health debuts 30,000 sq. ft. office at new Montclair arts campus

Summit Health has opened the doors to a new 30,000-square-foot office in Montclair, in one of the first pieces of a new mixed-use development near the acclaimed Wellmont Theater.

Atkins sells 250,000 sq. ft. medical office portfolio in Northeast, Midwest

Atkins Cos. has sold a six-building, 250,000-square-foot medical office portfolio in four states, as it turns its focus to new acquisitions after its longtime ownership of the properties.

A winning team

Commercial real estate truly is a people business, which explains why our stories highlighting new hires, promotions and other personnel moves are among the most popular. We’re fortunate to see a steady diet of these updates from all corners of the industry, including the types of announcements that have come from DMR Architects just about every year since we launched Real Estate NJ — five hires here, three new additions there — all to support a growing pipeline and portfolio that includes everything from apartments and hospitals to government buildings.

Prism names vice president of construction amid growing pipeline

Prism Capital Partners has added a vice president of construction to support its growing pipeline of ground-up projects.

Casiello joins ACDevco board of directors

A local resident and well-known commercial real estate professional has joined the board of ACDevco, the nonprofit developer focused on key projects in Atlantic City.

C&W inks $3.6 million sale of Englewood medical office building

A private investor has acquired a nearly 16,000-square-foot medical office building in Englewood, under a newly announced deal by Cushman & Wakefield.

G.S. Wilcox sources $44 million loan for Pennsylvania medical office building

The owner of a 70,000-square-foot medical office building in Eastern Pennsylvania has secured $44 million in financing, in a deal arranged by G.S. Wilcox & Co.

Colliers: Private equity firm adds 30,000 sq. ft. medical office building in Edison

A private equity firm has purchased a 30,000-square-foot medical office building in Edison, under a newly completed transaction by Colliers International.

Kumon adds locations in Princeton, Bucks County, Lee & Associates New Jersey says

A learning center chain is expanding its footprint in the region with the completion of new leases in central New Jersey and Bucks County, Pennsylvania.