Joshua Burd
13012 Articles0 Comments

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.

Residential & Mixed Use
Developers break ground on 82-unit apartment project in downtown Hackensack (SLIDESHOW)

The Hanson family and Claremont Cos. have broken ground on a new 82-unit apartment building in downtown Hackensack, the latest project in the city’s fast-growing construction pipeline.

Finance & Capital Markets
Investors Bank touts $68 million in loans for New Jersey multifamily properties

Investors Bank has closed on several loans to support New Jersey multifamily properties in recent months, part of more than $300 million in new lending activity for region.

Residential & Mixed Use
Mixed-use Chatham property fetches $3.1 million, Redwood Realty says

An investor has paid more than $3 million for a 12,000-square-foot, mixed-use property in Chatham, in a deal announced this week by Redwood Realty Advisors.

Professional Services
Depth and diversity: Women leaders have helped drive growth of CSG real estate group

Diversity is a point of emphasis for everyone at Chiesa Shahinian & Giantomasi, also known as CSG, one that is highlighted by its team of real estate lawyers. Women account for nearly a third of the members and half of the nonmembers within CSG’s real estate practice, which includes about 27 attorneys. Across all groups, women represent about a quarter of the firm’s members, a total that has continued to rise in conjunction with its overall growth in recent years.

Roundtable
How have some local governments changed their approach to development since the downturn?

How have some local governments changed their approach to development since the downturn? We assembled a panel of industry experts to tackle this month’s question.

Retail
At long last: With construction churning, American Dream slated for spring 2019 opening

With nearly 1,500 construction workers on site and more than $1.6 billion spent to date, the long-awaited American Dream project is on track to open by this time next year.

Professional Services
Weichert adds four commercial brokers

Weichert Commercial Brokerage has bolstered its team with four new hires.

Policy Page
Forward-thinking suburbs ripe for growth

I am convinced more than ever that forward-thinking New Jersey suburbs are poised for a comeback. Many city residents, especially those in their 20s and 60s will seek alternate residences. Towns that have invested in their infrastructure and assets for the long term and are ready to accommodate this exodus of consumers and their preferences will be able to compete for this wealth of talent and the resources they bring to the community.

Industrial
Sheldon Gross touts 41,000 sq. ft. renewal with flooring company

A flooring company has renewed its lease at a nearly 80,000-square-foot building in Fairfield, in a transaction managed by Sheldon Gross Realty.

Industrial
Rockaway industrial building sells for $4.25 million, Newmark says

A private investor has acquired a 38,700-square-foot industrial building in Rockaway for $4.25 million, in a recent 1031 exchange arranged by Newmark Associates.