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.
Insiders say the prospect of legalized recreational marijuana could have substantial benefits for New Jersey’s commercial real estate market, even with a long list of risks and complexities.
A private investor has paid $53 million for a grocery-anchored, 153,000-square-foot shopping center in Edison, according to CBRE brokers who arranged the deal.
State officials and the New Brunswick Development Corp. will begin efforts to strategize and craft a financial model for a redevelopment site in New Brunswick, where Gov. Phil Murphy has called for creating a campus for research and innovation.
Edison Properties has tapped Pierson Commercial to lease and market the retail space at Ironside Newark, its mixed-use redevelopment of a historic warehouse in the city.
The complex now known as Bell Works has earned another national distinction — being named the most iconic building in New Jersey by Architectural Digest magazine.
Denholtz Associates has sold a newly renovated, 83,300-square-foot office building in the Somerset section of Franklin, in a $6.8 million deal brokered by Zimmel Associates.
