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
Team Resources touts new deals in Newark, Jersey City

Team Resources Inc. has completed a 10,050-square-foot industrial lease in Newark, one of two new transactions announced by the Lyndhurst-based firm.

Retail
Retail, residential building in Readington sells for $3.9 million

A private investor has sold a nearly 29,000-square-foot mixed-use property in the Whitehouse Station section of Readington, in a $3.9 million deal brokered by Marcus & Millichap.

Industrial
Tax credit fuels 492,000 sq. ft. lease with Prologis, online consignment shop

Prologis and an online luxury consignment shop have signed a lease for more than 490,000 square feet in Perth Amboy, following the approval of a 10-year, $38.9 million tax credit package to help the retailer establish a new Northeast fulfillment center.

Roundtable
Which types of tenants or industries hold the greatest upside for New Jersey’s office market?

Which types of tenants or industries hold the greatest upside for New Jersey’s office market? We assembled a panel of industry experts to tackle this month’s question.

Hospitality & Tourism
N.J. Hall of Fame finds permanent home at American Dream

The nonprofit New Jersey Hall of Fame has found a permanent home at what will become the sprawling American Dream retail and entertainment complex in East Rutherford.

Industrial
Silverman acquires 41,000 sq. ft. Somerset building, JLL says

The Silverman Group has acquired a 41,000-square-foot warehouse and office building in the Somerset section of Franklin, in a $3.6 million deal arranged by JLL.

Professional Services
New Jersey brokers to co-lead new Avison Young life sciences group

Avison Young has launched a new international practice focused on life sciences, tapping two of its New Jersey-based brokers as co-leaders of the specialty group.

Retail
Colliers: Fitness concept inks 6,100 sq. ft. in Journal Square

A fitness operator has leased 6,100 square feet in the Journal Square section of Jersey City, Colliers International announced, marking the concept’s second location in the city.

Residential & Mixed Use
Woodmont announces open house for Washington Township community

Woodmont Properties is set to open the doors to a new 260-unit, luxury residential development in Gloucester County, where it has completed the lease-up of its first phase.

Sponsored Content
Transit hub markets speed away from competition

Office buildings within the state’s transit hub market record lower vacancy rates and higher rents compared to suburban spaces, according to JLL’s annual research report. Companies continue to pursue office space in proximity to walkable amenity-rich areas and with access to mass-transit options for their workforces and clients.