Health Care & Education

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

Health Care & Education
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.

Health Care & Education
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.

Office
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.

Retail
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.

Professional Services
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.

Finance & Capital Markets
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.

Health Care & Education
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.

Health Care & Education
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.

Health Care & Education
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.

Office
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.