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.

Industrial
Deugen flips Cranbury IOS site after securing key entitlements for 16-acre property

Deugen Investment Group has sold a 16.1-acre industrial outdoor storage property in Cranbury, inking the deal less than a year after acquiring it with an eye toward enhancing the site’s zoning.

Professional Spotlight
Scarinci Hollenbeck LLC

Scarinci Hollenbeck represents regional and national developers, private equity firms, real estate investment trusts, institutional investors and real estate holding companies. Our clients are active in the development, acquisition, financing, leasing and repositioning of retail, multifamily residential, mixed-use, logistics and infrastructure projects throughout New Jersey and the New York metropolitan area.

Residential & Mixed Use
Kaplan marks 65 years of community-building in Sayreville, debuts 142-unit rental project

Kaplan Cos. has unveiled a 142-unit rental community in Sayreville, a milestone with a dual meaning as the firm celebrates 65 years of building in the Middlesex County borough.

Industrial
GSA sets Aug. 4 auction for 810,000 sq. ft. industrial complex in Somerville

The federal government is gearing up to sell more than 800,000 square feet of industrial space in Somerville as part of an upcoming auction by the U.S. General Services Administration.

Finance & Capital Markets
G.S. Wilcox sources $20 million permanent loan for 102-unit rental project outside Philly

The developer of a new 102-unit multifamily property outside Philadelphia has closed on $20 million in permanent financing for the asset, in a deal arranged by G.S. Wilcox & Co.

Community
Morris County Chamber presents Newmark CRE with Community Service Award

The Morris County Chamber of Commerce has honored Newmark Associates CRE with its Community Service Award, highlighting its commitment to the region during nearly four decades in business.

Industrial
Greek teams with Hampshire, Principal for 281,000 sq. ft. warehouse project in Parsippany

A joint venture is set to break ground on more than 281,000 square feet of new industrial space in Parsippany, in a project that will revitalize another former office property in the township.

Retail
Wayfair coming to Princeton market with new 135,000 sq. ft. brick-and-mortar store

A new 135,000-square-foot Wayfair store is coming to the Princeton area, as the online home furnishings retailer continues to build its brick-and-mortar footprint across the country.

Finance & Capital Markets
Ania Management lands $38 million Benmark Capital loan to refi 203-unit Paterson portfolio

Benmark Capital has closed a $38 million loan to Ania Management to refinance a portfolio of more than 200 workforce housing units and commercial space in Paterson.

Food & Beverage
Doren Development bringing Bojangles to newly acquired Mount Holly restaurant site

Doren Development has acquired a drive-thru restaurant property in Mount Holly that’s now slated to become a new location for Bojangles, the Southern-style restaurant chain.