Health Care & Education

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

Panel: Newark remains a land of opportunity for housing, business — despite long-term hurdles

Optimism is nothing new in Newark, with its rich transportation network, cultural institutions and key anchors in business, health care and academia. But the city still struggles with poverty, education challenges and other barriers that have kept it from blossoming alongside places such as Jersey City, Hoboken and other urban markets, despite billions of dollars in new investment. Panelists said as much last week during Real Estate NJ’s Newark Redevelopment Update, as they debated those challenges and how to unlock the city’s long-held potential.

Developer unveils Meyer-designed assisted living, memory care facility in Marlton

A developer has opened the doors to a new 87-unit assisted living and memory care facility in the Marlton section of Evesham Township, according to architects with Meyer.

Medical practice acquires 8,700 sq. ft. Union Twp. office building, Newmark CRE says

A medical practice has purchased a nearly 9,000-square-foot office building in Union Township for $1.625 million, according to a broker with Newmark Associates CRE.

GTL unveils new 7,000 sq. ft. Riverdale facility for Regional Cancer Care Associates

GTL Construction of NJ Inc. has completed the interior fit-out for a new cancer treatment center in the Morris County borough of Riverdale.

Fennelly: Children’s speech therapist takes 4,000 sq. ft. in Monroe

A pediatric therapy practice has leased more than 4,000 square feet of medical office space in Monroe, in a newly announced deal by Fennelly Associates.

Onyx rebrands Merck campus in Kenilworth, plans full marketing push at BIO conference

Onyx Equities has revealed new details of its plan for the 2 million-square-foot former Merck & Co. campus in Kenilworth, as it prepares a broad campaign to attract life sciences and biotechnology firms seeking both turnkey space and new ground-up facilities.

NAI Hanson: Podiatry practice headed to Hackensack after buying medical office suite

The operator of a podiatry practice has acquired a 1,000-square-foot medical office suite in Hackensack, in a newly announced deal by NAI James E. Hanson.

SJP, Devco reveal plans for 600,000 sq. ft. lab, office project at New Brunswick’s HELIX project

SJP Properties and New Brunswick Development Corp. are joining forces to develop the second piece of the landmark Health + Life Science Exchange in New Brunswick, with plans to offer 600,000 square feet of build-to-suit lab and office space at the mixed-use campus.

Partnerships, collaboration in focus as NAIOP gala honors CRE leaders and deals of the year

Commercial real estate leaders turned out Thursday for NAIOP New Jersey’s annual gala, where the chapter honored five key figures and unveiled its coveted Deal of the Year winners.

Procida sells 15,000 sq. ft. Hackensack medical office building in deal brokered by JLL, Zimmel

Procida Funding & Advisors LLC has sold a 15,000-square-foot medical office building in Hackensack for $3.7 million, in a newly announced deal by JLL.