Joshua Burd
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Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for eight 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.

Finance & Capital Markets
Colliers brokers $63M sale of Hackensack office complex

A joint venture has paid $63 million to acquire the Continental Plaza office complex in Hackensack, in a deal orchestrated by brokers with Colliers International.

The Rundown
Christie details makeover to state gov’t footprint in Trenton

The Rundown: Three buildings that house state agencies in Trenton will be torn down to make way for two new structures, with the goals of streamlining the government’s footprint in the city and clearing a path toward private development.

Office
SJP Properties leases 115K sq. ft. to telecom solutions firm

SJP Properties has inked a new 115,000-square-foot lease with iconectiv, a data infrastructure and messaging solutions firm, at the developer’s Somerset Corporate Center in Bridgewater.

The Rundown
Group threatens lawsuit over American Dream bond sale

A group opposing the American Dream Meadowlands project is suing stop it from getting more than $1 billion in bond financing it needs to be completed, according to published reports.

Deals
San Francisco REIT acquires Franklin industrial building

Terreno Realty Corp. has acquired a small industrial property in Franklin for $9.1 million.

Finance & Capital Markets
HFF brokers $147M sale of N.Y. multifamily property

A brokerage team from HFF’s New Jersey office has closed the $147 million sale of a 504-unit apartment community in nearby Rockland County, New York.

Industrial
Tulfra hires NAI Hanson to manage 11 buildings

NAI James E. Hanson has added to its property management division with an 11-building, 670,000-square-foot portfolio owned by Tulfra Real Estate.

Retail
R.J. Brunelli named broker at four central N.J. properties

Retail broker R.J. Brunelli & Co. LLC has landed four new assignments in central New Jersey, including new retail sites in Middlesex and Somerset counties and an existing shopping center in Freehold.

The Rundown
Atlantic City real estate values plunge amid resort’s struggles

THE RUNDOWN: Like its gaming revenue, property values in Atlantic City have plummeted over much of the past decade. That’s according to a new story by The Press Atlantic City, which found that total property assessments in the city have fallen from more than $20 million in 2008 to roughly $7 million today.

Finance & Capital Markets
Upgrades planned for historic Union City artist lofts complex

An investment and development firm has acquired the historic Silk Mill Lofts property in Union City, with plans to spend millions on upgrades in order to boost occupancy at the artist-work complex.