Health Care & Education

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

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Real Estate NJ’s 2019 Market Forecast

What does the year 2019 have in store for New Jersey’s commercial real estate market? We recruited some of the most influential developers, professionals and thought leaders in New Jersey commercial real estate to give us their predictions for the year ahead.

Office
Medical practice takes 3,450 sq. ft. for new HQ in Cherry Hill, WCRE says

An orthopedics and sports medicine practice has leased nearly 3,500 square feet at a Cherry Hill office building, Wolf Commercial Real Estate announced Friday.

Professional Services
Langan adds new associate in New Jersey, bolstering health care practice

Langan Engineering & Environmental Services has hired a veteran engineer in the region with an eye toward health care and other high-profile development work.

Office
WCRE brokers sale of Cherry Hill office building

A freestanding medical office building in Cherry Hill has changed hands, following a sale arranged by Wolf Commercial Real Estate.

Office
NAI Hanson brokers sale of Ridgewood medical office building

A cardiology practice is now an owner and occupier of a 9,242-square-foot medical office building in Ridgewood, following a sale arranged by NAI James E. Hanson.

Office
SJP rebrands Jersey City office building, targets science and tech users

SJP Properties has rebranded an office building in downtown Jersey City with an eye toward emerging and specialized industries, tapping JLL as the property’s leasing agent.

Retail
Marcus: Somerville retail, medical building trades for $3.8 million

A two-building, 20,700-square-foot retail and medical office complex in Somerville has changed hands for nearly $3.8 million, brokers with Marcus & Millichap announced.

Office
Quest details plans for 250,000 sq. ft. ‘flagship’ lab project in Clifton

Quest Diagnostics has taken the wraps off its plans at the ON3 campus in Nutley and Clifton, where it will build a 250,000-square-foot flagship laboratory facility that will become the largest in its portfolio.

Residential & Mixed Use
Long-awaited senior living community on the horizon in Wyckoff, Hawthorne

A health care operator is marching toward the start of construction for a long-planned, 199-unit retirement community in Wyckoff and Hawthorne, in what will be the last major piece of its footprint within the two North Jersey municipalities.

Office
ON3: Prism planning speculative 150,000 sq. ft. lab building in Nutley

Amid continued demand for high-end research and development space, Prism Capital Partners is planning a new ground-up laboratory building at its ON3 campus in Nutley and Clifton.