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.

Professional Services
Health care sector as a major driver in the real estate market

Raritan Bay Medical Center in Old Bridge — Courtesy: NK Architects By Ben P. Lee, AIA Since the great recession of 2008, the health care sector has emerged as a reliable investment for real estate developers and the capital market.…

Trend Watch
Retailer demand moves toward record-breaking absorption in 2018

Changes in consumption patterns continue to shift retailer demand away from brick-and-mortar storefronts to industrial facilities with immediate access to large swaths of the U.S. population. In 2017, traditional and e-commerce retailer requirements exceeding 200,000 square feet totaled 7.8 million, representing a 120 percent increase over the 2016 total of 3.6 million.

Sponsored Content
Wiss: Tax reform manifesto for the real estate industry

Tax reform has been a hot topic, especially in the real estate industry. After all, real estate and construction industries have a significant impact on the U.S. economy. Wiss is proud to advise the industry on all the new changes. In our Tax Reform Manifesto for the Real Estate Industry, we explore the recent tax reform and how you or your business could be affected. 

Industrial
LEG details plans for 1.6 million sq. ft. industrial park in Bayonne

Lincoln Equities Group has unveiled plans to build “next-generation” industrial space on the Bayonne waterfront — with ceiling heights of up to 50 feet — as part of a newly announced, 1.6 million-square-foot redevelopment at a former military base in the city.

Finance & Capital Markets
East Orange rental project lands $7.6 million construction loan, Meridian says

Meridian Capital Group has arranged $7.6 million in construction financing for a new 58-unit residential project in East Orange, the real estate services firm said.

Retail
NAI Hanson: British furniture chain inks 6,000 sq. ft. lease in Paramus

A high-end furniture chain is expanding into Paramus with a new 6,000-square-foot store on Route 17, in a transaction brokered by NAI James E. Hanson.

Office
Prism touts 65,000 sq. ft. in leasing at Bloomfield office park

A four-building, 380,000-square-foot office park in Bloomfield is nearing 90 percent occupancy after a flurry of new leases and renewals.

Photos
MCEDC honors real estate deals, business leaders at annual luncheon (SLIDESHOW)

The Morris County Economic Development Corp. recently hosted its 26th annual Partners in Economic Development Awards Luncheon, in an event that recognized several high-profile real estate deals in the county from the past year.

Professional Services
IOREBA panel gauges investor demand for N.J. industrial, office space

Officers of IOREBA joined panelists at the dais for the organization’s annual Developer Night, which drew hundreds of industry leaders to the Teaneck Marriott at Glenpointe. — Courtesy: William Neumann Photography By Joshua Burd Sellers of high-end office and industrial…

Residential & Mixed Use
Jersey City condo project tops out with more than 200 units sold

A new two-building luxury condominium project in Jersey City is more than 50 percent sold, as its developer hails the completion of vertical construction in the city’s Newport section.