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
Woodbridge industrial building sells for $18.6 million, CBRE says

An investment group based in Los Angeles has acquired a 133,032-square-foot industrial building in Woodbridge, in an $18.6 million deal arranged by CBRE.

Residential & Mixed Use
Leasing underway at new Cherry Hill apartment complex

A joint venture has unveiled a new 152-unit apartment complex in Cherry Hill, touting a project with larger unit sizes than those found in competing developments.

Office
Denholtz: Upgrades yield leases at Somerset County office building

Denholtz Associates is touting nearly 17,000 square feet in leasing activity at a Bernardsville office building, where it recently completed $500,000 in upgrades.

Deals
Sheldon Gross brokers sale of Passaic Co. church building

A congregation has acquired a 6,340-square-foot church structure in Passaic County, in a deal arranged by Sheldon Gross Realty.

Office
Lotus project banks on Newark’s rising profile, intrigue of timber construction

Lotus Equity Group hopes to tap into the intrigue of a mass timber office building as it markets plans for Riverfront Square, a sweeping mixed-use project at the site of the former Newark Bears stadium. The developer and its marketing team, led by brokers with Cushman & Wakefield, are also banking on the rising interest in Newark as a destination for new office users, following recent high-profile deals and the city’s selection as a finalist for Amazon’s second headquarters.

Residential & Mixed Use
Building a legacy: Panepinto, a pillar in Jersey City’s redevelopment, has much more to come

Panepinto Properties has had ties to virtually every major project in Jersey City since its founding in the late 1970s — and that involvement is poised to continue through new development downtown and in the resurgent Journal Square neighborhood.

Retail
Stro acquires former home of iconic party supplies store on Route 17

The Stro Cos. has acquired a well-known but vacant retail property in Lodi, with plans to renovate and reposition the local landmark to attract new tenants.

Finance & Capital Markets
Wilcox inks $25.5 million loan for Bucks County luxury apartments

G.S. Wilcox & Co. has secured $25.5 million in financing for a recently built, 151-unit luxury apartment complex about 20 miles west of Trenton.

Residential & Mixed Use
Association picks Maplewood rental project as 2018 community of the year

The Metropolitan Builders & Contractors Association of New Jersey has recognized a boutique residential and retail property in Maplewood as its mixed-use community of the year, developer JMF Properties said Monday.

Government & Public Policy
Lizura leaving EDA next month

Tim Lizura, the Economic Development Authority’s president and chief operating officer since 2012, is stepping down from the influential state organization next month.