Joshua Burd
13525 Articles0 Comments

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
Curtain importer, manufacturer renews 37,000 sq. ft. lease in Passaic County

A curtain and draperies company has leased 37,000 square feet of industrial space in Little Falls, in a newly announced transaction by Corporate America Realty & Advisors.

Industrial
NAI Hanson brokers sale of 45,000 sq. ft. flex building in Elmwood Park

An industrial flex building that is home to a fitness center has changed hands in Elmwood Park, following a sale brokered by NAI James E. Hanson.

Residential & Mixed Use
Union City retail, apartment property trades for $1.8 million, Marcus says

A private investor has sold a 7,125-square-foot mixed-use building in Union City for nearly $1.8 million, brokers with Marcus & Millichap announced Tuesday.

Government & Public Policy
Liquor license bill remains a balancing act despite support from developers, municipalities

While liquor license reform has broad support from the state’s commercial real estate sector, municipalities and many top business groups, it faces opposition from liquor store owners and large restaurant groups that already hold licenses. Others, who support the spirit of the bill, say it still needs to be tweaked when it comes to aspects such as the pricing of the new specialized licenses and the compensation structure for existing license holders.

Professional Services
LMC hires new senior leasing rep

Levin Management Corp. has added to its leasing team with one of its newest hires.

Government & Public Policy
Progress, with continued uncertainty: Questions remain as affordable housing moves forward in New Jersey, stakeholders say

The state’s long-running battle over affordable housing policy is still rife with uncertainty and unanswered questions, stakeholders say, even for the roughly 200 towns that have reached settlements on how they will zone for new development.

Top News
Urban farming business joins Kearny Point, its first location outside NYC

An urban farming company plans to establish a garden center at the 130-acre campus known as Kearny Point, a former shipbuilding yard and industrial complex that is being reborn as a mixed-use business and technology hub.

Residential & Mixed Use
Developer, local officials hail opening of 212-unit Parsippany project

Mill Creek Residential is celebrating the opening of its new luxury apartment community in Parsippany, its third multifamily project in Morris County since 2015.

Finance & Capital Markets
HFF lands $10.2 million loan for Tulfra self-storage project

Brokers with HFF have secured $10.2 million in financing for a developer to build a 925-unit self-storage facility on the border of Nutley and Clifton.

Industrial
Piscataway warehouse trades for $4.1 million, BRC says

A tire company has acquired a 33,000-square-foot industrial building in Piscataway for more than $4 million, brokers with Bussel Realty Corp. said Monday.