Rutgers Board of Governors Meeting Agenda April 2026
Rutgers, RWJBarnabas Health Finalize Major Space Leases
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Description
Rutgers’ Board of Governors is asked to approve a major lease with Robert Wood Johnson Barnabas Health Inc. for research and administrative space at the Jack and Sheryl Morris Cancer Center, along with a portfolio of leases for RWJBH’s use of Rutgers-owned facilities. Both the outgoing and incoming lease groups each exceed $5 million in value and formalize space and payment arrangements under the existing health system affiliation.
Contract Details
Vendor
ROBERT WOOD JOHNSON BARNABAS HEALTH INC
Agency
Rutgers University-New Brunswick, NJ
Contract Type
FACILITIES
Document Date
April 23, 2026
Renewal Info
Resolution authorizes execution of the Morris Cancer Center Lease and a set of RWJBH/Tenant Portfolio Leases using a new lease template, with rent based on third-party fair market appraisal; specific renewal options or end dates are not detailed in the text.
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