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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Post-Tax Reform Update: Real Estate Income Tax

The sweeping tax reform brought on by The Tax Cuts and Jobs Act is now in effect, but many Real Estate owners and investors remain in the dark on how these changes will impact their businesses.  With that, Sax’s Real Estate advisors will hold an educational webinar on March 19 to run through the major changes facing the Real Estate industry overall now that tax reform has been implemented, and proposed guidance has been released.

Professional Services
Transwestern adds vice president to New Jersey brokerage team

Transwestern has made another addition to its New Jersey real estate services team with the hiring of a veteran broker and leasing executive.

Finance & Capital Markets
Investor demand still strong in New Jersey as buyers seek safety, certainty in commercial real estate

With 2019 underway, competition among commercial real estate investors has only intensified in New Jersey, largely around properties that offer some level of safety in the later stages of the economic expansion.The Garden State is by no means alone in that regard, but brokers and other experts say they expect demand to stay robust in the near term, citing everything from Wall Street volatility to the continued arrival of buyers from other markets.

Office
Local investor buys 90,000 sq. ft. Mack-Cali building in Morris Plains, C&W says

Mack-Cali Realty Corp. has shed another piece of its legacy office portfolio with the sale of a nearly 90,000-square-foot building in Morris Plains, brokers with Cushman & Wakefield said.

Professional Services
PS&S promotes longtime land services, environmental experts

Design and engineering firm PS&S has made two promotions within its executive ranks.

Professional Services
SIOR NJ highlights top industrial, office deals from 2018

The Society of Industrial and Office Realtors’ New Jersey chapter presented its annual largest deal awards last week, showcasing some of the industry’s top transactions of 2018.

Office
Title firm takes 5,100 sq. ft. for new HQ in Marlton

A title insurance firm is leasing more than 5,000 square feet in Marlton for its new corporate headquarters, under a transaction announced by Rose Commercial Real Estate.

Industrial
With opportunities scarce, deal volume slows for New Jersey industrial sales

The struggle continues for investors looking to buy industrial properties in New Jersey, where prices remain high but sales volume remains low compared to other major markets.

Industrial
Logistics firm inks 138,000 sq. ft. lease at Port Authority warehouse in Elizabeth

The Port Authority of New York and New Jersey has leased 138,000 square feet in Elizabeth to a logistics firm, under a newly announced transaction by The Blau & Berg Co.

Retail
Italian grocer takes 12,000 sq. ft. at new-look Denville shopping center

A specialty Italian food market has signed a lease to anchor a Morris County shopping center, the latest new tenant amid efforts to reposition the 75,000-square-foot complex.