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.

Retail
Goldstein Group: Enterprise takes 14,000 sq. ft., backfills Wayne dealership site

Enterprise Rent A Car is slated to open a new refurbishment facility in Wayne after agreeing to lease 14,000 square feet, brokers with The Goldstein Group said Monday.

Retail
Owner of former Mahwah daycare site inks 9,800 sq. ft. office lease

An office user has backfilled a former daycare center in Mahwah, under a nearly 10,000-square-foot transaction brokered by NAI James E. Hanson.

Retail
C&W: Advance, Invesco sell 75,000 sq. ft. retail center in Paramus

Advance Realty and Invesco Real Estate have sold a 75,000-square-foot, grocery-anchored retail property on Route 17 in Paramus, in a deal arranged by Cushman & Wakefield.

Government & Public Policy
The changing landscape of stormwater management: New rule will require innovative techniques

On Dec. 3, the New Jersey Department of Environmental Protection published amendments to the state’s Stormwater Management Rule (NJAC 7.8) that, when adopted, will change fundamentally the way stormwater management systems are designed in New Jersey. The key amendment will replace the existing requirement, which asks developers to incorporate so-called non-structural strategies “to the maximum extent practicable,” with a firm requirement to use a technique known as green infrastructure in new development.

Industrial
BRC touts lease-up of new flex, incubator park in South Plainfield

A newly built, 54,000-square-foot flex industrial park in South Plainfield is now fully leased after a year-long effort by Bussel Realty Corp.

Industrial
Trucking company expands, takes 15,600 sq. ft. in Hackensack

A trucking company has expanded into a second industrial building in Bergen County, following a 15,600-square-foot lease arranged by Team Resources Inc.

Office
Medical practice takes 3,450 sq. ft. for new HQ in Cherry Hill, WCRE says

An orthopedics and sports medicine practice has leased nearly 3,500 square feet at a Cherry Hill office building, Wolf Commercial Real Estate announced Friday.

Industrial
Mack-Cali sells Westchester industrial park for $70 million

Mack-Cali Realty Corp. has reaped more than $70 million from the sale of a six-building industrial park in Westchester County, New York, its latest move to exit the flex warehouse business as it focuses on the Hudson waterfront in New Jersey.

Residential & Mixed Use
Langan combining in-place remediation, engineering services to aid redevelopment

Amid the growth of more cost-effective, less disruptive forms of environmental cleanup, Langan Engineering and Environmental Services has packaged those technologies with its vast geotechnical and civil engineering platform, providing a creative, full-service option for clients seeking to redevelop contaminated sites.

Top News
A winning formula: How CBRE helped engineer some of New Jersey’s top office sales

In a time when investors have reaped windfalls from upgraded office buildings in New Jersey, CBRE’s capital markets team has been on the front lines — spearheading a host of high-profile deals involving newly stabilized, Class A buildings in the state.