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.

Finance & Capital Markets
Mortgage banker touts $52 million loan for Bayshore multifamily deal

A commercial mortgage banking and investment sales firm has announced nearly $52 million in financing for the recent sale of a garden apartment complex in Monmouth County.

Retail
CBRE touts deals with apparel, Pilates tenants at Somerset Co. retail center

A clothing and home décor chain and a boutique Pilates studio are set to join the roster at a 218,000-square-foot retail center in Bound Brook, brokers with CBRE said Tuesday.

Editor’s Note
Redrawing the map for industrial

As you’ll find out in this month’s cover story, developers and brokers that have long focused on New Jersey are now stretching beyond the traditional boundaries of the state’s industrial market. And they are stretching them in every direction — for different reasons — in their quest to keep pace with tenants that are adopting a more regional approach.

Professional Services
Cresa touts growth in New Jersey, with five new hires and more to come

Cresa, the largest tenant-only commercial real estate brokerage, has expanded its team in New Jersey with five new hires over the past year and plans to continue hiring in the months ahead.

Residential & Mixed Use
Freehold senior housing project slated for fall groundbreaking

A developer is on track to begin a new 75-unit, age-restricted rental community in Freehold, with plans to complete a series of state environmental approvals in the coming weeks.

Industrial
Team Resources touts 190,000 sq. ft. industrial lease in Jersey City

A home décor retailer has leased 190,000 square feet at a Jersey City industrial building, in one of several recent transactions announced by Team Resources Inc.

Residential & Mixed Use
Middlesex Co. rental complex sells for $5.2 million, Kislak says

A private investor has acquired a 44-unit apartment complex in Middlesex County for $5.2 million, brokers with The Kislak Co. Inc. announced Monday.

Residential & Mixed Use
Condo builder debuts amenities at Jersey City project (SLIDESHOW)

A developer has unveiled a set of club-style amenities at a condominium complex in downtown Jersey City, as it begins to market the final phase of the 429-unit property.

Residential & Mixed Use
Walters expands design team with three new hires

Walters Homes has hired three new employees within its custom architectural services division, in an effort to meet the demands of its residential pipeline.

Industrial
TIAA sells 617,000-square-foot Amazon distribution center for $147 million

An institutional investor has paid more than $147 million to acquire a 617,000-square-foot Amazon fulfillment center in Teterboro.