Health Care & Education

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

Health Care
BGO, Anchor Health buy 41,000 sq. ft. Montclair medical office building for $17.9 million

A joint venture has acquired a nearly 41,000-square-foot medical office building and an adjacent parking garage in downtown Montclair for $17.9 million, in a deal arranged by CBRE.

Retail
Stretching, athletic recovery facility takes 1,400 sq. ft. in Bridgewater, BRC says

A health and wellness concept is expanding with a newly signed lease at a Bridgewater shopping center, brokers with Bussel Realty Corp. announced Wednesday.

Health Care
Atlantic Physical Therapy opens at Kokes-owned property in Wall Township

Kokes Properties has welcomed a physical therapy practice to a new-look commercial building just east of Route 34 in Wall Township, the firm announced this week.

Retail
Net-leased daycare center property in Parsippany sells for $4.3 million, Marcus says

A private investor has purchased the site of a net-leased daycare center in Parsippany for $4.3 million, brokers with Marcus & Millichap announced last week.

Retail
JLL: IVX Health adding six locations in New Jersey with 14,000 sq. ft. in new leases

A fast-growing network of infusion clinics is expanding in New Jersey with six newly signed retail leases throughout the state, in a series of deals arranged by JLL.

Health Care
Longtime health care broker Marks launches advisory firm focused on medical space

Veteran broker Jonathan Marks has launched a new advisory firm focused on health care real estate, seeking to build on years of experience in the growing asset class.

Office
Atkins, Denholtz enter next phase of updates at Westchester County health care campus

Atkins Cos. and Denholtz have completed the first phase of a plan to upgrade a 490,000-square-foot office building in Westchester County that the firms acquired in 2023.

Events
Creative connections: Real estate, design experts discuss the intersection of art and health in commercial spaces

From left: Andrea Hsu of NK Architects, Jennifer Ellis-Rosa of Gensler, Shuli Sadé of Sadé Studio and Shane Connell of the Connell Co. took part in a Feb. 27 panel discussion hosted by Morris Arts. — All images courtesy: Morris Arts

Office
Hackensack Meridian tops off new headquarters, medical office building at Metropark station

Hackensack Meridian Health’s new headquarters and medical office building in Woodbridge is on track to open this fall after reaching a key construction milestone last week.

Health Care
Accordia: Montvale office building adds dentistry practice as latest health care tenant

A general and cosmetic dentistry practice is coming to an Accordia-managed office building in Montvale after leasing more than 3,000 square feet at the property.