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.

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Spring has sprung. So has the chaos.

Spring rolls into summer and the snowbirds migrate back north — Florida to New York, just like clockwork. Except they didn’t leave the AC on in their Florida condos. So now we’re walking into spaces that feel like a science experiment gone wrong, trying to paint, renovate and salvage materials that were not designed for tropical sauna conditions.

Residential & Mixed Use
Developers near completion of 477-unit ‘West Side Square’ project in Jersey City

A collection of nearly 500 luxury rentals is taking shape just outside Jersey City’s Journal Square district, with preleasing underway and residents set to arrive as soon as this summer.

Retail
JLL: Buyer wanted for 61,000 sq. ft. retail center at master-planned Basking Ridge community

The owner of a retail center at the heart of an affluent, master-planned housing development in Somerset County has tapped JLL to sell the property.

Finance & Capital Markets
Drew Capital sources $16 million construction loan for Giga Holdings rental project in Newark

Giga Holdings has scored a $16.25 million construction loan for a 77-unit multifamily project in Newark’s University Heights neighborhood, in a newly announced deal by Drew Capital.

Residential & Mixed Use
RHO Residential, with growing leadership team, taps Sheth as chief operating officer

Salil Sheth has joined RHO Residential as its chief operating officer, bringing extensive experience in real estate operations and development.

Government & Public Policy
EDA, SOSA launch business accelerator, support space in Jersey City for international companies eyeing growth in U.S

State officials have unveiled a new coworking and support space in Jersey City that will serve as a hub for global companies seeking to establish and scale their operations in the United States.

Events
NJAA expo opens with enhanced education, revamped schedule to meet member demand

The New Jersey Apartment Association Conference & Expo has returned to Atlantic City, where it’s expected to draw thousands for three days of networking, education and presentations with a revamped schedule and an ever-growing trade show floor.

Industrial
CBRE: Dover industrial user unveils facility, sells adjacent development site for $6.9 million

A distributor of metal tubes and pipes has sold a development site in Dover after completing its new headquarters facility on adjacent land, brokers with CBRE announced this week.

Retail
JLL: Fitness chains combine for 31,000 sq. ft. in new leases in Paramus, Passaic

Two fitness chains are expanding in northern New Jersey, reflecting what a JLL brokerage team said is continued demand from operators seeking high-visibility, convenience-driven locations.

Industrial
Fire protection firm sells South Plainfield industrial portfolio for $4 million, NAIDB says

A private investor has expanded its holdings in South Plainfield, adding more than 12,000 square feet of industrial space in a portfolio sale arranged by NAI DiLeo-Bram & Co.