Health Care & Education

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

Professional Services
Rock Brook joins Salas O’Brien, marking new chapter for Monroe-based engineering firm

Rock Brook, one of New Jersey’s top engineering firms and a key player in several major asset classes, has joined Salas O’Brien under a merger announced last week.

Health Care
Larken, infusion center ink 3,200 sq. ft. lease at Parsippany office building

An infusion center has found a new location in Parsippany, joining the tenant roster at a nearly 55,000-square-foot professional and medical office building owned by Larken Associates.

Office
JLL: Buyer wanted for 38,000 sq. ft. medical office building in Wayne

The owner of a well-known medical office building in Wayne has listed the nearly 38,000-square-foot asset for sale, brokers with JLL announced this week.

Health Care
Mental health provider takes 1,100 sq. ft. in western Morris County, NAI Hanson says

A mental health practice has leased 1,100 square feet at an office building in western Morris County, in a transaction arranged by NAI James E. Hanson.

Top News
Newark Regional Business Partnership launches Real Estate Council with industry heavyweights

The Newark Regional Business Partnership, the longtime host of a signature commercial real estate event, is doubling down on its ties to the industry with a newly formed advisory group.

Top News
Regeneron taps JLL to market ex-Avon research campus in Suffern for sale, lease

Regeneron is seeking a buyer or tenant for a well-known, 235,000-square-foot research and development campus just north of Bergen County, according to a listing team with JLL.

Finance & Capital Markets
Valley Bank lends $3.5 million to refi 25,000 sq. ft. medical office building in Fair Lawn

The owner of a nearly 25,000-square-foot medical office building in Fair Lawn has closed on a new $3.5 million commercial mortgage with Valley Bank, the lender announced last week.

Top News
ON3: Prism continues update of on-site utility plant with substantial support from PSE&G

Prism Capital Partners is making another key infrastructure upgrade at ON3, its sprawling mixed-use campus in Clifton and Nutley, with a major assist from PSE&G.

Retail
Goldstein Group inks sale of Paramus retail property home to Starbucks

A local investor has sold the site of a drive-thru Starbucks location on Route 17 in Paramus, in a recently completed deal by The Goldstein Group.

Health Care & Education
C&W: Longtime owner sells Westwood medical office building for $4.4 million

A private investor has acquired more than 33,000 square feet of medical office space in Westwood, in a nearly $4.4 million deal arranged by Cushman & Wakefield.