Health Care & Education

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

Health Care
Children’s Hospital of Philadelphia eyes new Hamilton facility after buying ex-theater site

The Children’s Hospital of Philadelphia has acquired a former AMC movie theater property in Hamilton as part of a plan to bring a new pediatric care facility to the Mercer County township.

Education
Petrucci expands education portfolio with acquisition of North Bergen school building

J.G. Petrucci Co. Inc. has acquired a 34,000-square-foot school building in North Bergen as part of a push to expand its footprint in the education sector.

Technology
Newmark: Onyx, MIG sell portion of NEST campus to CoreWeave for $322 million

Onyx Equities and Machine Investment Group have sold a piece of the acclaimed NEST campus in Kenilworth to CoreWeave — the fast-growing cloud provider that is slated to build a data center at the property — in a deal valued at $322 million.

Office
NAI Hanson: Compounding pharmacy takes 1,800 sq. ft. at Woodbridge office building

A compounding pharmacy has leased more than 1,800 square feet at a Woodbridge office building, according to a brokerage team with NAI James E. Hanson.

Health Care
Prism’s ON3 campus welcomes 90,000 sq. ft. Hackensack Meridian Health facility

The new 90,000-square-foot Hackensack Meridian Health & Wellness Center has opened its doors at ON3, Prism Capital Partners’ signature mixed-use campus in Nutley and Clifton.

Top News
Onyx named first official supporter for FIFA World Cup New York New Jersey Host Committee

Onyx Equities is set to play a major role in next year’s FIFA World Cup, announcing Wednesday that it has become the first official supporter for the New York New Jersey Host Committee.

Office
Silverman Group sells Morris Township medical office building for $13 million, C&W says

The Silverman Group has sold a more than 58,000-square-foot medical office building outside Morristown for $13.2 million, in a newly announced deal by Cushman & Wakefield.

Professional Services
PS&S acquires engineering team specializing in life sciences, chemical process industries

Professional services firm PS&S has acquired an engineering group in Allentown, Pennsylvania, bolstering its life sciences platform while expanding its reach in the region.

Office
Newmark: Hackensack Meridian leases 50,000 sq. ft. at Red Bank’s new-look River Centre

Hackensack Meridian Health has taken 50,000 square feet at a revitalized office campus in Red Bank, topping a list of newly announced deals by the property’s leasing team.

Top News
Prism lands approvals for long-awaited housing phase at ON3, among other major projects

Prism Capital Partners has secured three key approvals for its flagship ON3 campus in Clifton and Nutley, paving the way for new phases including a long-awaited residential component with nearly 1,100 multifamily units, along with a major research and development facility.