Health Care & Education

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

Office
Vantage Commercial inks sale of medical office building in Cape May Court House

A private investor has purchased a fully leased medical office building in Cape May Court House, in a newly announced deal by Vantage Commercial.

Residential & Mixed Use
Paramus tract slated for 162-unit luxury senior housing project sells for $9.25 million

A developer has acquired nearly 10 acres in Paramus with approvals in place for 162 age-restricted apartments, according to a brokerage team with Hudson Atlantic Realty.

Education
ULI’s acclaimed UrbanPlan program comes to Morris County in new, condensed format to reach more students

Students at Morris County School of Technology in Denville received a crash course in urban planning, courtesy of the Urban Land Institute Northern New Jersey, as the organization debuted a shorter version of its nationwide UrbanPlan program over two days in December.

Government & Public Policy
EDA approves $400 million Aspire tax credit for new RWJBarnabas hospital at Fort Monmouth

Plans to build a new $1.5 billion hospital at the historic Fort Monmouth property are moving ahead with the help of a $400 million tax credit award under the state’s Aspire program.

Health Care
Growing aesthetic, longevity clinic takes 2,200 sq. ft. in Warren, Deluccia says

A medical aesthetic and longevity practice has leased nearly 2,200 square feet at a Warren commercial property, in a deal arranged by Deluccia Commercial Group.

Sponsored Content
Real Estate NJ’s 2026 Market Forecast

Even with stretches of volatility in 2025, it was clear to many of our industry experts that capital and confidence had returned to the market in a way not seen in several years. That sets the stage for what could be a stronger and perhaps smoother 2026, one marked by conviction in fundamentals rather than cautious optimism. You can read all about it in our 2026 Market Forecast, which features a distinguished list of commercial real estate experts and predictions on everything from leasing and lending to affordable housing, energy and capital markets.
You can read all about it in our 2025 Market Forecast, which features predictions and insights from some of the state’s leading voices in commercial real estate.

Retail
Wellness practice for active adults, families leases 3,700 sq. ft. in Livingston, CBRE says

A health care user has taken more than 3,700 square feet at a mixed-use commercial property in Livingston, in a newly announced deal by CBRE.

Retail
Saddle Brook power center now fully leased after deal with dental practice, RIPCO says

A dental practice has taken nearly 2,200 square feet at a busy highway shopping center in Saddle Brook, agents with RIPCO Real Estate announced Tuesday.

Finance & Capital Markets
JLL sources $48 million refi loan for 165-unit senior housing portfolio in Bergen, Rockland

The owners of senior housing communities in northern New Jersey and the Lower Hudson Valley have refinanced the portfolio for $48 million, brokers with JLL said Monday.

Retail
Azarian: Pearle Vision leases 2,400 sq. ft. at Route 1 shopping center in Metuchen

A new Pearle Vision is opening in Metuchen after taking space at a highway commercial property, according to a brokerage team with Azarian Realty Co.