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
Urban Edge, Chip City ink 800 sq. ft. lease to fill Marlton shopping center

Urban Edge Properties has signed an 800-square-foot lease with Chip City Cookies, bringing another tenant to a grocery-anchored shopping center in Evesham Township.

Industrial
Weiss, JLL seeking power-heavy users (such as data centers) for Illinois industrial site

Weiss Realty is hoping to lure a data center or other power-intensive users to a sprawling industrial property in Illinois, touting its load capacity of nearly 275 megawatts.

Health Care
Prism’s ON3 campus welcomes 90,000 sq. ft. Hackensack Meridian Health facility

The new 90,000-square-foot Hackensack Meridian Health & Wellness Center has opened its doors at ON3, Prism Capital Partners’ signature mixed-use campus in Nutley and Clifton.

Top News
Onyx named first official supporter for FIFA World Cup New York New Jersey Host Committee

Onyx Equities is set to play a major role in next year’s FIFA World Cup, announcing Wednesday that it has become the first official supporter for the New York New Jersey Host Committee.

Industrial
JLL: Ridgecut Road buys six-acre Fairfield industrial property, secures acquisition loan

Ridgecut Road has acquired and secured financing for a low-coverage industrial property in Fairfield, in a set of transactions arranged by JLL’s capital markets team.

Finance & Capital Markets
Faropoint, Deugen ink $33 million loan for 195,000 sq. ft. New Brunswick warehouse project

Faropoint and Deugen Development have closed on a $33 million construction loan for a new two-building industrial project in New Brunswick, in a deal arranged by Cushman & Wakefield.

Government & Public Policy
Newark Alliance unites three city organizations to expand key growth initiatives

Three of Newark’s key economic development organizations have come together in a move to further their missions while streamlining their efforts to enhance the state’s largest city.

Residential & Mixed Use
Developer buys would-be residential site in Union City for $2.6 million, Marcus says

A residential development site in Union City has changed hands for more than $2.6 million, according to a brokerage team with Marcus & Millichap.

Residential & Mixed Use
Developers break ground on 230-unit Watchung rental project just west of Route 22

A joint venture has closed on the site of a planned six-building, $104 million project that will bring 230 luxury apartments to Watchung, where construction is now underway.

Industrial
Longtime broker, development executive Beyda joins Newmark after five years with Woodmont

Newmark has made a key addition to its New Jersey brokerage team, hiring Steven Beyda as an executive managing director with its Industrial Advisory Group.