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.

Retail
A new front in grocery wars: Whole Foods acquisition will add fuel to ultracompetitive supermarket sector

The news of Amazon’s $13.7 billion acquisition of Whole Foods Market this summer came with a bit of irony: Many bricks-and-mortar supermarkets in New Jersey and elsewhere had offered online delivery for years, but Whole Foods wasn’t among them. But at the very least, the deal signaled to those other operators that Whole Foods is not to be taken lightly, especially with Amazon’s stated goal of lowering the chain’s notoriously high prices.

Health Care & Education
Last buildable site at Giralda Farms sold, to be developed as health campus

A group of well-known developers has sold a 40-acre swath of the Giralda Farms campus in Madison, paving the way for the construction of a new 46,000-square-foot medical facility.

Residential & Mixed Use
Prism outlines timetable for residential, retail phases at historic factory conversion

Prism Capital Partners is nearing several key milestones in a project that is a decade in the making — the redevelopment of a historic Thomas Edison factory complex in West Orange.

Residential & Mixed Use
Report: New 250-unit rental project rising in Atlantic City

A project that will bring 250 new apartments to Atlantic City is on pace to open next summer, in what will be the city’s first market-rate development in at least 25 years.

Retail
NAI Hanson: Martial arts studio leases 2,800 sq. ft. in Emerson

A martial arts academy will occupy half of a newly built, 5,600-square-foot retail building in Emerson, following a lease arranged by brokers with NAI James E. Hanson.

Health Care & Education
CBRE brokers $1.6 million sale of medical office condos in Morris Co.

A private investment firm has paid $1.6 million for two adjacent medical condominium units in Riverdale, according to brokers with CBRE who arranged the transaction.

People
Advance hires two executives, two associates to support growing portfolio

Advance Realty has bolstered the team at its Bridgewater headquarters with four new hires, including two executives in property management and finance.

Government & Public Policy
EDA: Italian food seller opens 27,500 sq. ft. Jersey City warehouse

An Italian food market has expanded its wholesale capabilities with a new warehouse in Jersey City, thanks in part to a financing program under the state Economic Development Authority.

Office
NRDC announces 134,000 sq. ft. in office, industrial deals in N.J.

A mix of office and industrial deals have accounted for more than 130,000 square feet of recent activity at buildings owned by National Realty & Development Corp., the firm said recently.

Retail
KenKap brokers $6.4 million sale of retail, office center in South Jersey

A 1031 exchange investor has acquired a 36,000-square-foot retail and office complex in Burlington County, in a $6.4 million sale brokered by KenKap Realty Corp.