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.

Residential & Mixed Use
Camden rental building among $445 million portfolio sale by Dranoff

Dranoff Properties is selling a well-known luxury apartment building in Camden as part of a six-building, $445 million portfolio sale announced Tuesday.

Finance & Capital Markets
Progress Capital brokers $5.3 million loan for Newark multifamily deal

An area property owner has acquired a two-building, 70-unit apartment complex in Newark with more than $5 million in financing arranged by Progress Capital Advisors.

Office
Medical device maker weighs 167,000 sq. ft. lease in Plainsboro

A global medical technology maker has proposed relocating within Plainsboro to a nearly 167,000-square-foot building once occupied by Novo Nordisk, thanks in part to a 10-year, $17.8 million tax credit approved last week by state officials.

Office
Gerber leaving Florham Park for northern Virginia

Gerber Products Co. will exit New Jersey next year as it moves its U.S. corporate headquarters from Florham Park to northern Virginia, the baby food company announced Monday.

Residential & Mixed Use
Redevelopment brings first phase of Woodbridge affordable housing project

Builders have delivered 84 apartments as part of a $23 million affordable housing development in Woodbridge, the first of a three-phase project that is replacing a defunct public housing complex.

Hospitality & Tourism
Icahn selling Tropicana casinos in $1.85 billion deal

Hedge fund manager Carl Icahn has sold the Tropicana Casino & Resort in Atlantic City as part of a seven-property, $1.85 billion deal announced Monday.

Finance & Capital Markets
HFF brokers $7.65 million loan for South Jersey warehouse acquisition

A joint venture completed its recent purchase of a three-building industrial portfolio in Logan Township with the help of a $7.65 million loan brokered by HFF.

Office
Mortgage banker, child care among latest tenants at Marlton redevelopment

Two new tenants have committed to a 540,000-square-foot, mixed-use property in Marlton, where its owner is in the midst of a $70 million redevelopment project.

Retail
Net leased dollar store property sells for $2.1 million, Marcus & Millichap says

A developer has sold an 8,500-square-foot retail property in Elizabeth for more than $2 million, according to brokers with Marcus & Millichap who orchestrated the deal.

Residential & Mixed Use
North Bergen apartment building sells for $25.4 million

The developer of a newly built, 122-unit apartment building in North Bergen has sold the property for $25.4 million, in a sale brokered by The Kislak Co. Inc.