Health Care & Education

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

People
Cunningham joins JLL life sciences team

By Joshua Burd JLL has bolstered its life sciences practice with the addition of John Cunningham, a broker with more than 30 years of experience in the state’s commercial real estate sector. The firm announced Tuesday that Cunningham has been…

Finance & Capital Markets
Global appeal: Foreign investors see new opportunity in New Jersey

As an investment opportunity, 800 Scudders Mill Road checked just about every box. A state-of-the-art, trophy office complex that was only three years old. A prime location just outside Princeton. And, perhaps most important of all, a net lease with a blue-chip, global pharmaceutical giant, Novo Nordisk Inc., with a longstanding presence in the market.

Health Care & Education
From the ground up: Leaders of Rutgers CRE program eager to build on early progress

Leaders of the Rutgers Center for Real Estate aim to make it the top academic and research program of its kind, one that helps improve the industry and provides a link between the state’s top real estate firms and the next generation of professionals.

Government & Public Policy
Trenton’s pitchman: George Sowa says capital city is open for business

As CEO of Greater Trenton, George Sowa sees a city that has fallen on hard times and has to overcome years of bad press. But Trenton has what it takes to change the narrative, he said, starting with all-important infrastructure such as a transit hub that links to four different rail lines.

Health Care & Education
REIT taps WCRE to market South Jersey medical office space

An owner has tapped Wolf Commercial Real Estate to oversee leasing for more than 400,000 square feet of medical office space in Moorestown and Washington Township, the firm said.

Retail
Mixed-use Marlton redevelopment lands 33K sq. ft. medical tenant

Virtua Medical Group has leased more than 30,000 square feet at a mixed-use complex in Marlton, where the owner is in the midst of a $70 million redevelopment project.

Health Care & Education
EDA incubator welcomes new R&D lab

A digital health technology firm is the newest tenant at a state-run incubator in North Brunswick.

Current Issue
CRE MARKET FORECAST: Predictions from industry experts

What does the year 2017 have in store for the commercial real estate market?

We can’t say for sure — and we know you can’t either — but we asked some of the industry’s top professionals in New Jersey to give it their best shot. In the process, we’ve tried to bring you a good cross-section of experts from different disciplines.

Government & Public Policy
How could a Trump administration affect CRE in New Jersey? Experts weigh in

With inauguration day on the horizon, there has been no slowdown in speculation over how a Donald Trump presidency will impact the commercial real estate sector.

Health Care & Education
State OKs $20M incentive for parking deck at new med school

State officials have approved a $20 million tax credit to help support the construction of a new parking and retail structure in Clifton, in what they say is a key part of the planned Seton Hall-Hackensack Meridian School of Medicine at the former Hoffman-LaRoche campus.