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
Castle & Brothers Logistics leases 14,000 sq. ft. at Elizabeth industrial building, BRC says

A freight carrier has taken 14,000 square feet of small-bay industrial space in Elizabeth, brokers with Bussel Realty Corp. announced Monday.

Deals
Hunterdon County retail, office building trades for $1.3 million, Kislak says

A private investor has added a 16,000-square-foot retail and office building in Hunterdon County, in a newly announced deal by Kislak Commercial Real Estate Services Inc.

Guest Columns
A new approach to housing policy where everyone wins

As New Jersey’s gubernatorial race heats up, housing remains a critical issue. Everyone agrees that we need more market-rate and affordable housing to meet demand, and there is also a consensus that housing prices in New Jersey are too high. But what can the government do differently to address these issues? Policymakers and our next governor need to acknowledge that current government policies are exacerbating these problems, not solving them.

Retail
Marcus: Value-add investor buys 43,000 sq. ft. Hamilton retail center for $8.3 million

A private investor has purchased a nearly 43,000-square-foot retail property in Hamilton for more than $8.3 million, in a newly announced deal by Marcus & Millichap.

Food & Beverage
Pierson Commercial named agent for restaurant, liquor license in downtown South Orange

The owner of a restaurant and liquor license in downtown South Orange has tapped Pierson Commercial to market the property for sale or lease.

Office
Furniture X-Change taps Theo Silverberg as president, seeks continued expansion

The Furniture X-Change, a provider of sustainable office furniture solutions, has appointed longtime team member Theo Silverberg as its new president.

Finance & Capital Markets
JLL: Oliver Street Capital lands $22 million acquisition loan for South Plainfield IOS site

An investment firm has secured more than $22 million in acquisition financing for a set of industrial outdoor storage properties in South Plainfield, brokers with JLL announced.

Industrial
Blau & Berg: Yankee Line acquires former Coach USA office, garage facility in Elizabeth

Coach USA has sold a nearly 44,000-square-foot garage and office property in Elizabeth to a fellow transportation company, in a deal arranged by The Blau & Berg Co.

Office
Haddon Township commercial building trades in deal by Vantage Commercial

A local business has acquired a nearly 7,400-square-foot commercial building in Haddon Township, according to a brokerage team with Vantage Commercial.

Office
Inspired by Somerset Development buys 277,000 sq. ft. Commvault headquarters in Tinton Falls, plans new Bell Works-style facility

Inspired by Somerset Development has acquired the Tinton Falls headquarters of cybersecurity firm Commvault, with plans to repurpose the building as a new phase of its landmark Bell Works campus in nearby Holmdel.