Health Care & Education

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

Oral surgery group leases 4,400 sq. ft. in East Brunswick, Sheldon Gross says

An oral surgery practice has taken space at a single-story office park in East Brunswick, in a newly announced deal by Sheldon Gross Realty.

Regional mindset, new recipe needed to keep our talent and project pipeline flowing

It’s high time that New Jersey’s local officials start doing things differently and placing a higher priority on talent attraction, collaborative regional (not parochial) planning and being on the same page. Economic development experts from outside the state seemed to concur at NAIOP New Jersey’s recent Annual Meeting and Commercial Real Estate Outlook.

Health Care & Education

Eye doctor, orthopedic practice ink new leases in Glen Ridge, NAI Hanson says

Two tenants have leased a combined 8,711 square feet of medical office space in Bergen County, in a set of newly announced transactions by NAI James E. Hanson.

Transwestern: Paterson charter school eyes new location, acquires historic mill building

A charter school system has acquired a former industrial building in Paterson that it will use as its newest location, according to brokers with Transwestern Real Estate Services.

Health Care & Education

Bell Works joins operators to open new health, wellness complex

Somerset Development has unveiled a new health and wellness complex at Bell Works, the latest addition to the sprawling office, retail and hospitality destination in Holmdel.

Health Care & Education

Colliers: Medical office tenants combine to lease 8,600 sq. ft. in Princeton

Penn Medicine is set to open a new oncology suite in Plainsboro after leasing nearly 7,200 square feet adjacent to its Princeton Medical Center, according to Colliers International.

Casiello joins executive committee at Rutgers real estate program

The Center for Real Estate at Rutgers Business School has added a well-known title insurance professional to the team of industry leaders at the helm of its advisory board.

PRC Group’s Kaye gifts $1 million to NJCU performing arts project

Longtime developer Robert M. Kaye has gifted $1 million to New Jersey City University, providing additional support for the school’s planned performing arts complex in Jersey City.

Finance & Capital Markets

Kennedy Funding closes $1.8 million loan for research park site in Michigan

Kennedy Funding, an Englewood Cliffs-based direct private lender, has closed a $1.815 million land loan to the owner of more than 30 acres outside Detroit.

Savills: Investor acquires, plans nursing home at 127,000 sq. ft. Montvale office building

A private equity firm has acquired a 127,000-square-foot office complex in Montvale and is now planning to convert it to an assisted living facility, according to brokers with Savills.