Health Care & Education

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

Office
Montvale office building sold, slated for conversion to medical

The buyer of a 14,000-square-foot office building in Montvale plans to convert the property to medical space, following a sale arranged by NAI James E. Hanson.

Finance & Capital Markets
Progress brokers $4.4 million loan for Irvington medical office sites

Progress Capital Advisors has secured more than $4 million for a client to refinance and upgrade two medical office properties in downtown Irvington.

Top News
Stockton’s plan to buy Atlantic Club falls through, reports say

Stockton University’s plan to purchase the former Atlantic Club Casino Hotel has fallen through, marking the latest setback for the Atlantic City property more than four years after it closed its doors.

Office
Nonprofit for rescue animals hopes to acquire Hackensack building, create innovation center

A nonprofit focused on improving the lives of rescue animals is hoping to turn a Hackensack building into a global innovation center, a plan that will be on display this weekend as the organization hosts donors and other supporters at the Route 17 property.

Top News
Rutgers reveals latest group of advisers, emerging leaders for real estate program

The Center for Real Estate at Rutgers Business School has unveiled this year’s group of board members and industry leaders that will guide the program and its students.

Features
Stockton campus brings new life to Atlantic City neighborhood, in a sign of things to come

Stockton University’s new campus in Atlantic City has come to life after more than two years of anticipation — and stakeholders say it’s just the beginning of what they hope to be a larger transformation in Atlantic City.

Professional Services
New Jersey brokers to co-lead new Avison Young life sciences group

Avison Young has launched a new international practice focused on life sciences, tapping two of its New Jersey-based brokers as co-leaders of the specialty group.

Health Care & Education
National senior living operator acquires 299-unit community in Bridgewater

One the nation’s largest senior living companies has acquired a community in Bridgewater, where it’s now planning a rebrand and millions of dollars in new investment.

Professional Services
Purchasing manager is among newest hires for Hollister

Hollister Construction Services has made another addition to its team with the hiring of a new purchasing manager.

Health Care & Education
C&W: Three tenants join new medical, retail building in Franklin Lakes

Three medical office tenants have leased space at a new 32,500-square-foot, mixed-use building in Franklin Lakes.