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.

Residential & Mixed Use
Jersey City condo project offering duplex, triplex units

A developer has debuted more than a dozen multilevel homes at the site of a new condominium project in Jersey City, offering what it says is a taste of brownstone-style living.

People
Sanzari promotes project manager to director role

A project manager at Alfred Sanzari Enterprises has earned an expanded role and a new title after more than a decade with the firm’s construction department.

Finance & Capital Markets
Progress Capital brokers $7 million refinance in NYC

Progress Capital Advisors has arranged $7 million in financing for the owner of a 38,000-square-foot, mixed-use property in Queens.

Health Care & Education
CBRE: Growth of pharma, biotech firms offers bright future for R&D space in N.J.

Despite years of consolidation by Big Pharma, New Jersey is one of a handful of markets that stand to gain from a promising growth trajectory for the U.S. life sciences sector.

Professional Services
Kipcon inks new affiliation with fellow engineering firm

Kipcon Inc. has entered into a new affiliation with a longtime peer in the civil and structural engineering field, the North Brunswick-based firm said last week.

Industrial
Heller touts 4 million sq. ft. in 2017 activity

A distributor of industrial products has leased 90,000 square feet in Edison, in one of nearly three dozen transactions that helped Heller Industrial Parks maintain full occupancy in 2017.

Office
Local firm acquires 9,200 sq. ft. Cherry Hill building, NAI Mertz says

A nearby business will relocate to a 9,200-square-foot office and warehouse building in Cherry Hill, following a sale arranged by a broker with NAI Mertz.

Residential & Mixed Use
Investor pays $150 million for 896-unit Plainsboro apartment complex (UPDATED)

Another real estate investment firm has made its first foray into New Jersey, acquiring a nearly 900-unit garden apartment complex in Plainsboro.

Policy Page
Happy New Year or not? Federal reforms bring a mixed bag

Admittedly, “this (tax reform) legislation represents an important victory for NAIOP members and the commercial real estate industry. The first major tax reform in more than three decades, the Act recognizes the important contribution that commercial real estate is making to the economy by supporting pro-growth initiatives and acknowledging the long-term nature of commercial real estate investment.”

Office
Mack-Cali to subsidize Uber rides at Metropark buildings

Mack-Cali Realty Corp. will subsidize Uber rides to and from its suburban Metropark office buildings, under a newly announced partnership with the ridesharing company aimed at creating additional convenience at the properties.