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

Prologis, pet products company ink 112,000 sq. ft. Meadowlands lease

A pet retailer is moving within the Meadowlands as part of a new 112,000-square-foot lease with Prologis, in a deal announced Monday by Team Resources Inc.

Professional Services

GH&C adds to real estate group with another hire

Giordano, Halleran & Ciesla has made another addition to its commercial real estate practice.

Features

Stockton campus brings new life to Atlantic City neighborhood, in a sign of things to come

Stockton University’s new campus in Atlantic City has come to life after more than two years of anticipation — and stakeholders say it’s just the beginning of what they hope to be a larger transformation in Atlantic City.

Residential & Mixed Use

Walters completes 88-unit affordable community in Jackson

Walters Group has opened the doors to a new 88-unit, income-restricted rental community in Jackson.

Finance & Capital Markets

Procida fund tops $500 million in loan originations

A fund operated by Procida Funding has surpassed $500 million in loan originations, following the recent closing of a $38 million loan for a higher education project.

Office

Denholtz inks renewals at Hamilton campus

Denholtz Associates has completed two renewals at a Hamilton business park for more than 13,000 square feet of combined leasing activity.

Retail

Paterson retail center trades for $4 million, Marcus says

A private investor has sold a nearly 27,000-square-foot shopping center in Paterson for $4 million, in a transaction arranged by Marcus & Millichap.

Trend Watch

Transit hubs – full speed ahead

Transit hub markets continue to report lower vacancy rates and higher rental rates compared to the suburban New Jersey office market. Green signals expected to return as companies pursue office space in proximity to walkable amenity-rich areas with access to mass-transit.

Residential & Mixed Use

Investor appetite for apartments still strong in New Jersey, brokers say

Despite rising interest rates, investor demand for multifamily property in New Jersey shows few signs of slowing down through the end of the year and into 2019.

DEP plans new and improved online permitting system, commissioner tells NAIOP

The Department of Environmental Protection is taking a page out of the TurboTax playbook — at least when it comes to permitting for land use and other areas — with plans to roll out a new electronic submission system for more than 100 permit activities in its ongoing effort to streamline New Jersey’s regulatory structure.