Health Care & Education

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

Government & Public Policy
Rutgers study seeks to unravel debate over rental units and school children

A new study is shedding new light on a widespread, age-old debate between developers and local governments in New Jersey: Do new apartments mean new school-age children? According to the findings, the answer depends on several key factors.

Health Care & Education
Hampshire, Circle Squared break ground on medical offices in Essex County (SLIDESHOW)

A development team has broken ground on a long-awaited medical office building on the border of Montclair and Glen Ridge, with the goal of expanding the footprint and services of the nearby Mountainside Medical Center.

Health Care & Education
DMR-designed surgi-center opens in Bridgewater

A hospital system has opened a new medical office facility on Route 22 in Bridgewater and will soon debut two others in the region, all under projects overseen by DMR Architects.

Government & Public Policy
RWJBarnabas plans new health campus on Fort Monmouth parcel, state says

State officials have approved plans for RWJBarnabas Health to acquire a piece of the landmark Fort Monmouth property, where it will develop a large health campus in place of what is currently a defunct Cold War-era research complex.

Health Care & Education
CHA receives final OK for $57 million hospital redevelopment in Plainfield

A developer has completed its purchase of a shuttered hospital complex in Plainfield, clearing the way for a redevelopment that calls for a new medical arts complex and 120 apartments.

Health Care & Education
Medical office building is Saxum’s latest acquisition in Madison

Saxum Real Estate has closed on its second property in Madison, acquiring a 19,700-square-foot medical office building in the borough’s downtown.

Health Care & Education
Newark medical office building sells for $4.25 million

A newly renovated, 37,500-square-foot medical office building in Newark’s Ironbound section has changed hands for $4.25 million, in a deal arranged by The Kislak Co. Inc.

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.