Health Care & Education

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

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.

CBRE: Orthopedic, dental practices take 16,000 sq. ft. at Woodbridge complex

The developer of a new retail and medical complex in Woodbridge has filled nearly 16,000 square feet after inking new leases with an orthopedic practice and a dental group.

NAI Hanson inks sale of Hunterdon flex building slated for rehab facility

A psychiatrist has acquired a 7,800-square-foot industrial flex building in Hunterdon County, with plans to build out the property as a residential addiction rehabilitation facility.

Former LabCorp CEO gives $5 million for Saint Peter’s arena renovation

An arena and recreational center at Saint Peter’s University in Jersey City is in line for a makeover, thanks to a gift from one of its most distinguished alumni.

Atkins, Woodmont pivot to medical office in final stretch of town center project

A joint venture is building new medical office space at what was slated to be a standalone retail building in Gloucester County, citing tremendous demand from area health care users.

Larken, dermatology practice ink 1,300 sq. ft. lease in Parsippany

Larken Associates has completed a 1,343-square-foot lease in Parsippany with a growing dermatology practice.

JLL: Biologics firm takes 68,000 sq. ft. at Cranbury manufacturing facility

A pharmaceutical company has signed a full-building, 68,000-square-foot lease at a clinical manufacturing facility in Cranbury, brokers with JLL announced Friday.

Developers weigh new lab, research projects as New Jersey market continues to tighten

After decades of consolidation by Big Pharma, demand for modern lab and diagnostic space in New Jersey is on the rise, fueling rent growth and pushing some developers to consider new laboratory projects.

LeFraks donate $100,000 to Jersey City hospital foundation for COVID relief

The LeFrak family has contributed $100,000 to the Jersey City Medical Center Foundation to support the hospital’s growing needs in the face of the COVID-19 pandemic.