Joshua Burd
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Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.

Office
Jersey Mike’s leases 70,000 sq. ft. in major office deal at Bell Works Fort Monmouth

With an initial public offering in the works, Jersey Mike’s Subs has found new office space at the historic Fort Monmouth property thanks to a lease with Inspired by Somerset Development.

People
SJP Properties adds Welch, former C&W analyst, as investment associate

Peter Welch By Joshua Burd SJP Properties has welcomed Peter Welch as an investment associate, adding to the team focused on acquiring and developing high-end office, residential and mixed-use properties across New York, New Jersey and select Southeast markets. The…

Residential & Mixed Use
Hudson Atlantic closes sale of 59-unit senior affordable housing building in Bayonne

A private buyer has closed on a 59-unit senior affordable housing property at the south end of Bayonne, according to a listing team with Hudson Atlantic Realty.

Industrial
Schmidt Baking takes 20,000 sq. ft. in Newark industrial deal with Seagis, Blau & Berg says

Seagis Property Group has secured a new tenant in Newark, leasing nearly 20,000 square feet of industrial space to a division of America’s largest family-owned variety baker.

Retail
Urban Edge inks deal with Elev8tion Fitness, five others as tenants flock to Bergen Town Center

Urban Edge Properties has announced six new leases at Bergen Town Center, filling nearly 25,000 square feet as it broadens the lineup of the sprawling Paramus property.

Editor’s Note
Into the future

There are plenty of parallels between the decline of the suburban office building and that of the legacy shopping mall, but the latter feels much more personal. I’m sure many of you would agree, especially in New Jersey, so you’ll find no lack of interest in the growing number of developers seeking to reinvent these once-proud retail hubs.

Retail
A new destination: Edgewood, Paramount advance plans to revive East Brunswick mall as open-air lifestyle center

Edgewood Properties and Paramount Realty have unveiled plans to transform the 775,000-square-foot Brunswick Square Mall in East Brunswick into a modern, open-air destination for the community — one that includes not just retail but a complementary mix of heath care, fitness and lifestyle uses that will revitalize the outdated, slumping shopping center on Route 18.

Industrial
Ambulance, emergency vehicle dealer expanding with 75,000 sq. ft. lease in Lakewood

Sudler Cos. has secured a full-building, 75,000-square-foot industrial lease in Lakewood with a seller and upfitter of emergency and specialty vehicles, brokers with Avison Young announced.

Professional Services
Chun joins Day Pitney real estate, land use team based in New Jersey

Grace Chun By Joshua Burd Day Pitney LLP has welcomed Grace Chun as counsel, bolstering its Parsippany-based team of real estate and land use attorneys. According to the firm, Chun brings more than 16 years of experience advising clients on…

People
Ridgecut Road touts four new hires to support growing low-coverage industrial portfolio

Ridgecut Road is bolstering its team, announcing several new hires to support its growing portfolio of industrial outdoor storage and low-coverage assets in and around New Jersey.