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.
Brokers with JLL have secured a $32.5 million loan for SJP Properties and PGIM Real Estate to refinance a 325,000-square-foot office building in Bridgewater, the real estate services firm said.
Developers and owners have reaped the benefits of rent growth in New Jersey’s surging industrial market, but they’ve also scored big with increasingly longer lease terms.
The developers of a long-awaited, luxury apartment tower near the New Jersey Performing Arts Center in Newark have taken the wraps off the 245-unit building.
A growing insurance company has leased more than half of a Mack-Cali Realty Corp. building in Woodbridge, bringing the 200,000-square-foot property to full occupancy.
Lincoln Equities Group has completed its purchase of a 153-acre waterfront site in Bayonne, where it’s planning some 1.6 million square feet of new warehouse and distribution space.
Many of the state’s top commercial brokers gathered recently for an annual event hosted by the Society of Industrial and Office Realtors, where the organization recognized some of the Garden State’s top deals of 2017.
Clark Machemer, a prominent New Jersey development executive, has joined Crow Holdings Industrial to lead the firm’s newly established office in the Northeast.