Healthcare Real Estate

The order also mandated specific protections and policies for all essential retail, manufacturing, and warehousing businesses, as well as businesses engaged in essential construction projects.

Currently, there is a brief pause in site acquisitions, but the trend for more medical tenants looking for opportunities to re-position previous outparcel locations should continue.

While there is still deal activity in some sectors, long-term success will, at least partially, depend on the CARES Act money working through the system.

Thor Equities acquired the property last month to add to the firm's dedicated life sciences platform and meet the demand for laboratory and research and development space in the region.

The REIT plans to use the proceeds for future growth opportunities.

Gov. Murphy characterized the work to build the 250-bed hospital at the 61,000-square-foot Meadowlands Exposition Center as an "extraordinary effort."

Michael McGuiness, CEO of NAIOP New Jersey, reports that half of the properties identified for possible conversion are located in Hudson and Bergen counties.

The Interdisciplinary Science Building on the San Jose State University campus is the first new academic building on campus in more than 30 years and the first new science facility in almost 50 years.