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.
Brokers with CBRE are seeking a buyer for a three-building, 50,000-square-foot industrial complex in Kenilworth, touting its proximity to Port Newark-Elizabeth and a lack of comparable properties in the immediate area.
Commercial real estate brokers and executives descended on the Jacob K. Javits Convention Center in Manhattan last week for the International Council of Shopping Centers’ annual New York Deal Making conference.
An industrial linen business is poised to double its footprint in Irvington and upgrade its space in Trenton, following the approval of nearly $38 million in state tax credits over 10 years.
The state has approved $13.6 million in tax credits to encourage a cardboard packaging manufacturer to build a 500,000-square-foot facility in Burlington County.
Three businesses could be moving to Camden next year in connection with more than $10 million in tax credits approved Tuesday by the state Economic Development Authority.
Lincoln Equities Group has completed $2 million in upgrades at two office properties just outside downtown Morristown, where it’s now marketing nearly 120,000 square feet.
A commercial moving service is relocating from Staten Island after acquiring a 20,100-square-foot industrial building in Irvington, a broker with NAI James E. Hanson said Tuesday.
For all of the looming questions about federal tax reform, the state’s commercial real estate sector is also facing uncertainty about the impact of a new governor and Legislature.
A real estate investment trust has acquired a 137,000-square-foot, grocery-anchored shopping center in South Plainfield, following a deal arranged by brokers with HFF.