Health Care & Education

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

Retail
New owner plans upgrades to 54k sq. ft. Newark retail site

A real estate investment firm has acquired a retail property across from Newark’s University Hospital, with plans to make a series of improvements geared toward attracting retailers, medical offices and other users.

Health Care & Education
Emerging leaders join Rutgers real estate executive committee

The co-chairs of an emerging leaders group at the Rutgers Center for Real Estate have joined the program’s executive committee.

Health Care & Education
Riordan named executive director of Rutgers real estate center

The Center for Real Estate at Rutgers Business School has hired a veteran finance executive to help oversee its growth in the years ahead, the program announced Wednesday.

Residential & Mixed Use
‘Uber does have a part to play’ in CRE, company official tells NAIOP members

Uber may have unveiled a new partnership with a New Jersey developer earlier this week, but it’s just one of the steps that the ridesharing service has taken — and is planning for the future — to work hand in hand with the real estate industry and other business sectors.

A company official detailed some of those other affiliations last week, speaking directly to a crowd of NAIOP New Jersey members and professionals in Elizabeth.

Office
Nonprofit’s new HQ builds on decades of commitment

Community Access Unlimited opened a new 60,000-square-foot headquarters in Elizabeth. The five-story, $11 million building features office space for both CAU and local businesses, along with community spaces such as a 400-seat auditorium on the ground floor.

Health Care & Education
Rutgers unveils new program with real estate center, Bloustein school

Graduate students at Rutgers University can now become certified in real estate development and redevelopment, thanks to a new joint offering at the school’s Newark campus.

Health Care & Education
Cancer treatment center brings new life to Monmouth County office building

The rebirth of a once-vacant Lucent Technologies building in Middletown is all but complete, as Memorial Sloan Kettering Cancer Center prepares to open a new state-of-the-art treatment facility at the former office property.

Health Care & Education
C&W marketing new medical office space in Franklin Lakes

A developer has hired Cushman & Wakefield to oversee leasing for 14,400 square feet of medical office space under development in Franklin Lakes, the brokerage said Friday.

Health Care & Education
Rutgers real estate head Davis joins prestigious board

The academic director at Rutgers University’s real estate program has been elected to serve on the board of the American Real Estate and Urban Economics Association, the school announced.

Health Care & Education
Owner unveils newly upgraded nursing center in Brick

A private equity group has expanded and upgraded a former nursing center in Brick, completing a nearly $3 million repositioning it launched after acquiring the property in late 2014.