Health Care & Education

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

Kislak foundation pledges $1.1 million to Monmouth real estate program

The family of late real estate icon Jay Kislak has pledged more than $1 million to Monmouth University, continuing its longstanding support of the school’s real estate program.

Holy Name pulmonary group inks new 2,700 sq. ft. lease in North Bergen

An area health care system has signed a new lease for medical office space in Hudson County, committing to 2,700 square feet for a pulmonary and internal medicine practice.

Physical therapy, wellness center coming to Ironside Newark

A physical therapy practice is coming to Edison Properties’ Ironside Newark project, marking the latest retail tenant at the revitalized historic commercial building.

Deugen eyes fall completion for new childhood education, daycare center in Hoboken

An early childhood education and daycare center is expanding in Hoboken, adding a new 15,000-square-foot location at the site of a former furniture store.

Investor acquires Stratford school site, eyes conversion to senior living, WCRE says

An investment firm has acquired a historic former school property in Camden County, under a newly completed transaction by Wolf Commercial Real Estate.

C&W: Princeton school operator expanding, acquires former daycare site

A special education school is set to expand in Mercer County after acquiring a former day care center property in Hopewell.

Prism inks 300,000 sq. ft. lease at ON3 with Japanese pharmaceutical company

A global pharmaceutical company is moving its U.S. headquarters to Prism Capital Partners’ ON3 campus, having signed a full-building lease for the site’s landmark 15-story office tower.

Construction underway on third phase of Randolph retail, medical office project

Vita & Vita Realty Corp. has started construction on the latest piece of what will be nearly 52,000 square feet of retail and medical office space in Morris County.

Becht Engineering taps new MEP division manager in Basking Ridge

Becht Engineering BT Inc. has named a new mechanical, electrical and plumbing division manager at its Basking Ridge headquarters.

Black Bear inks $5.6 million refi for Burlington medical, retail center

The owner of a medical office and retail complex in Burlington County has refinanced for $5.6 million, in one of several newly announced transactions by Black Bear Capital Partners.