Health Care & Education

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

Health Care & Education
CBRE touts $9 million sale of former YJCC building

A church organization has acquired a former Bergen County YJCC building in Washington Township, in a $9 million sale announced by CBRE Group Inc.

Professional Services
RSC touts design of Hudson County vo-tech school (SLIDESHOW)

An architecture firm has unveiled its designs for a new $143 million, technologically advanced high school in Hudson County.

Hospitality & Tourism
Atlantic City 3.0: Riding high from new investment, the iconic resort town is charting a new future

For a place that has been promised a comeback in recent years — only to see it never materialize — experts say Atlantic City is in uncharted yet promising territory that could help usher in a long-awaited recovery. Land prices are at their lowest in decades, local and regional developers with proven track records are investing in the city and the first credible nongaming project in years is under construction, with the potential to bring thousands of students and professionals to the Boardwalk as soon as next year.

Health Care & Education
Assisted living facility fetches $18.25 million, Marcus & Millichap says

An assisted living facility in Monmouth County has changed hands for $18.25 million, following a sale orchestrated by a division of Marcus & Millichap.

Health Care & Education
The Atlantic City Gateway: A project built for growth

Stockton University’s new Atlantic City campus is still more than a year from opening, but the school and its developer are already thinking about what comes next.

Health Care & Education
Medical office building fetches $2.9 million in Cherry Hill

An investor has paid $2.9 million to acquire a 40,000-square-foot medical office building in Cherry Hill, according to commercial real estate firm Markeim Chalmers Inc.

Health Care & Education
New Englewood Hospital surgical unit is latest piece of RSC-led redesign (SLIDESHOW)

A design firm has completed the latest piece of a project to modernize Englewood Hospital and Medical Center, with an eye toward improving patient experience and safely minimizing the length of their stay.

Health Care & Education
Paterson student housing building trades for $6.1 million, Marcus & Millichap says

A private investment group has acquired a new 42-unit student housing building near St. Joseph’s Regional Medical Center in Paterson, in a $6.1 million deal arranged by Marcus & Millichap.

Health Care & Education
Hudson County medical office building lands three new tenants, Weiss says

Three new tenants are joining a Union City medical office building, following a series of transactions brokered by Weiss Realty.

Events
NAIOP gala honors projects and CRE leaders of past and present

NAIOP New Jersey unveiled three Deal of the Year awards at its annual gala, which also honored two late industry icons, Arthur Greenbaum and Caren Franzini. The program also recognized three of the state’s leading service firms — JLL, Biggins Lacy Shapiro & Co. LLC and Hollister Construction — before a packed house at The Palace at Somerset Park in Franklin.