Joshua Burd
13747 Articles0 Comments

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.

Retail
CBRE inks $6.2 million in new investment sales

A private investor has paid $2.3 million for a nearly 15,000-square-foot retail property in Monmouth County, in the largest of four newly announced transactions by CBRE.

Health Care & Education
NAI Hanson: Doctor moves Hackensack office, leases 1,325 sq. ft.

A physician’s practice is relocating within Hackensack as part of a recently completed, 1,325-square-foot medical office lease by NAI James E. Hanson.

Cover Story
Developers see new, long-awaited opportunities in Red Bank

Red Bank is now embracing redevelopment and smart growth concepts more than it has in recent memory, insiders say, as evidenced by the growing list of projects that are now under construction or in its pipeline. That embrace is a long time coming for developers that have seen all the community has to offer — from its popular downtown to the Navesink River waterfront, along with a rich cultural scene and an affluent population.

Office
Buyer wanted for 544,000 sq. ft. Parsippany office campus

A well-known office complex in Parsippany is on the market for sale, brokers with HFF said, touting the chance to make additional upgrades and lease up more than 180,000 square feet.

Industrial
CBRE: Growing online grocery sales could benefit New Jersey, a top 10 market for cold storage

With the growth of online grocery sales projected to continue, a new report says New Jersey is well-positioned to capture the continued need for cold storage space.

Retail
Café inks 1,200 sq. ft. long-term lease in Edison, Weiss says

A café operator has leased 1,200 square feet at a shopping center in Edison, under a newly announced transaction by Weiss Realty.

Finance & Capital Markets
Investors Bank touts $412 million in recent commercial loans

Investors Bank has closed on a $30 million loan to refinance a nearly 400,000-square-foot office park in Bloomfield, the largest among several newly announced transactions.

Industrial
LEG: Vertical construction for major Bayonne logistics park to start in 2020

Lincoln Equities Group is on track to begin vertical construction next year for more than 1 million square feet of new industrial space along the Bayonne waterfront.

Office
MDC plans upgrades at 102,000 sq. ft. office building in Woodland Park

Mountain Development Corp. has announced plans to overhaul one of three buildings in a well-known office campus along Interstate 80.

Office
Chilmark named listing agent at Warren office building

The owner of a 110,000-square-foot office building in Warren has tapped Chilmark Real Estate Services as its listing agent.