Health Care & Education

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

Government & Public Policy
EDA: Teva Pharmaceuticals weighing 345,000 sq. ft. in Parsippany

The state has approved a 10-year, $40 million tax credit package to encourage Teva Pharmaceuticals to move its U.S. headquarters from Pennsylvania to Parsippany, where it would lease more than 345,000 square feet to house more than 1,000 employees.

Government & Public Policy
Big-name companies in finance, pharma on EDA agenda for incentives

E-Trade Financial Corp. and Teva Pharmaceuticals have applied for more than $60 million in combined tax credits for proposals in Jersey City and Parsippany, respectively, with the state Economic Development Authority slated to consider their applications on Tuesday.

Professional Services
Architecture firm touts flurry of new hires in New Jersey, continuing growth

A Hamilton-based design and planning firm has continued its expansion with eight new hires.

Office
Roadway, utility upgrades underway at Prism’s ON3 campus

Prism Capital Partners has launched nearly $10 million in roadway and utility upgrades at the former Hoffmann-LaRoche campus in Nutley and Clifton, as it prepares to welcome new tenants to the 116-acre redevelopment site.

Office
NAI Hanson inks sale of medical office condo in Bergen County

A surgery practice is moving within Bergen County after acquiring a medical office condo in River Edge, brokers with NAI James E. Hanson said Thursday.

Retail
United Way luncheon presents annual Impact Award, honors Hollister founder

A high-profile redevelopment project in Newark was honored Friday before a crowd of more than 500, winning an annual award from the United Way of Northern New Jersey.

Events
USGBC honors New Jersey sustainability leaders at annual gala

Sustainable and ecofriendly projects were in the spotlight on Wednesday night, as the U.S. Green Building Council of New Jersey handed out its annual green building awards.

Photos
Guadagno, Sheinkopf headline NJCU real estate conference

Former Lt. Gov. Kim Guadagno (left) and Hank Sheinkopf, president of Sheinkopf Communications Ltd., were among the speakers on Tuesday at “Connecting Bridges and Borders in Real Estate Property Management,” a program hosted by the New Jersey City University School of Business.

Finance & Capital Markets
Investors touts $30 million loan for Livingston rehabilitation center

Investors Bank is celebrating the completion of a new 100,000-square-foot post-acute care facility in Livingston, for which it provided $30 million in financing.

Events
NJCU conference set to focus on property management, global trade

An upcoming conference in Jersey City will shine a light on property management, with a focus on promoting international business and sharing best practices from around the world.