Health Care & Education

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

Professional Services
DIGroup announces four leadership promotions in New Brunswick, Philly offices

DIGroup Architecture has named a new principal and promoted three other leaders across its New Brunswick headquarters and satellite office in Philadelphia.

Office
CBRE: Keystone sells 151,000 sq. ft. Fair Lawn office building to Atkins for $22 million

Keystone Development + Investment has sold a more than 151,000-square-foot medical and professional office building in Fair Lawn for $22 million, in a deal arranged by CBRE.

Health Care
Larken signs two medical office leases, filling 20,000 sq. ft. at Warren County property

Larken Associates is welcoming two health care users to a Warren County office building after a set of new leases totaling more than 20,000 square feet.

Retail
Katz: One Medical takes 4,000 sq. ft. at Whole Foods-anchored center in Edgewater

A medical practice is coming to a waterfront retail property in Edgewater after agreeing to lease more than 4,000 square feet, in a newly announced deal by Katz & Associates.

Health Care
Sanzari: Hackensack Meridian Health adds 8,100 sq. ft. at Hackensack medical arts building

Alfred Sanzari Enterprises has leased more than 8,100 square feet in Hackensack to a division of Hackensack Meridian Health, bringing a well-known medical office building to full occupancy.

Finance & Capital Markets
Cronheim sources $5.9 million refi for 90,000 sq. ft. New Providence flex building

The owner of nearly 90,000 square feet of industrial flex space in New Providence has refinanced the property for $5.85 million, in a deal arranged by Cronheim Mortgage.

Health Care
Petrucci: Construction underway on newest Aurobindo Pharma facility in East Windsor

J.G. Petrucci Co. Inc. has broken ground in East Windsor on a new facility for Aurobindo Pharma USA Inc., in what will be the latest piece of the drugmaker’s campus in the township.

Sponsored Content
Real Estate NJ’s 2025 Market Forecast

Commercial real estate leaders have entered 2025 with varying levels of optimism. That’s evident from this year’s Real Estate NJ Market Forecast, where you’ll find everything from caution to confidence about how the sector will perform as it balances strong fundamentals in several key asset classes with new regulatory headwinds, nagging inflation and what seems to be a lingering lack of clarity over when lower interest rates will truly impact the industry.

You can read all about it in our 2025 Market Forecast, which features predictions and insights from some of the state’s leading voices in commercial real estate.

Education
Kislak: Site of 8,000 sq. ft. ex- Goddard School building in Jackson trades for $2.8 million

The former site of a preschool and daycare center in Jackson Township has changed hands for $2.8 million, in a newly announced deal by The Kislak Co. Inc.

Health Care
Marcus: 24,000 sq. ft. medical, retail complex in Deptford trades for $5.4 million

Strategic Funding Alternatives LLC has sold a nearly 24,000-square-foot medical and retail property in Deptford Township for $5.375 million, in a deal arranged by Marcus & Millichap.