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.

People
Advance hires new senior associate of asset management

The New Jersey Center of Excellence in Bridgewater — Courtesy: Advance Realty By Joshua Burd Advance Realty has continued its recent flurry of hiring with an addition to its asset management team. The Bridgewater-based developer said Thursday that it had…

Retail
Newmark: Downtown Summit building repositioned with retail, office tenants

A onetime department store complex in downtown Summit has found new life as a mixed-use commercial space, having reached full occupancy with a group of retail and office tenants.

Industrial
CPN brokers $3.25 million sale of Ewing facility

A pharmaceutical packaging firm has acquired a 41,000-square-foot facility in Mercer County, in a $3.25 million transaction arranged by Commercial Property Network Inc.

Finance & Capital Markets
CBRE honored for role in Bridge portfolio sale

A national publication has recognized CBRE for its role in last year’s blockbuster sale of a three-state, 3.4 million-square-foot industrial portfolio by Bridge Development Partners.

Finance & Capital Markets
Plainsboro apartment deal cracks top 20 in national ranking of 2017 investment sales

The Kushner Cos.’ acquisition of a garden apartment complex near Princeton was not only the state’s largest single-asset deal of 2017, but among the top 20 nationwide in a newly released list of multifamily investment sales.

Office
VREP, Rubenstein acquire another piece of Morris Corporate Center in Parsippany

A familiar joint venture has acquired a 340,000-square-foot office complex in Parsippany, less than two months after announcing its purchase of an adjacent sister property on the campus.

Office
Downtown Montclair buildings are latest acquisitions for Saxum

Saxum Real Estate has expanded its holdings in downtown Montclair with the acquisition of two neighboring properties, including a 25,000-square-foot former bank building.

Office
NAI Hanson inks sale of 20,000 sq. ft. office building

A two-story office building in Mountainside has changed hands, following a sale arranged by brokers with NAI James E. Hanson.

Retail
Remco: 1031 investor buys Hunterdon bank building

An investor has acquired a net leased bank building in Hunterdon County, under a nearly $1.8 million transaction arranged by Remco Realty Group.

Residential & Mixed Use
The truth about tax reform: A deeper look at the impact on commercial real estate

By Joshua Burd For all the buzz and political rhetoric surrounding federal tax reform, Jeff Otteau points to a consequence of one key change that has largely flown under the radar. For decades, homeowners have been better equipped to reduce…