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.

Deals
Totowa properties are latest industrial acquisitions for Sitex

Sitex Group has acquired two industrial properties totaling 180,000 square feet in Totowa, adding to its portfolio of infill warehouses and distribution centers in North Jersey.

Finance & Capital Markets
Procida lends $7.65 million for townhome project

Procida Funding LLC has closed a $7.65 million construction loan for a planned 12-unit townhome project in Brooklyn, the Englewood Cliffs-based firm announced.

Residential & Mixed Use
NAIOP announces winner of student competition for Trenton redevelopment site

A team from Villanova University took the top honors and a $5,000 prize in a recent competition held by NAIOP New Jersey, where students from area schools offered their vision for redeveloping a historic manufacturing site in Trenton.

Office
JLL: Office space continues to tighten in South Jersey

A new market report by JLL found that office vacancy in southern New Jersey is at an all-time low, following a first quarter that saw the region outperform greater Philadelphia as a whole.

Professional Services
Colleagues remember Arthur Greenbaum, a dean of New Jersey real estate law

Arthur M. Greenbaum, a beloved figure and fixture in New Jersey’s real estate and legal communities for more than 60 years, died Tuesday. He was 91.

Retail
Marcus & Millichap brokers retail sale in Elizabeth

A private investor has acquired a 16,208-square-foot retail property in Elizabeth, in a $2.65 million deal brokered by Marcus & Millichap.

Retail
Goldstein Group touts more than 20K sq. ft. in recent retail leases

AT&T has leased nearly 8,000 square feet at a location on Route 22 in Watchung, one of several recent retail deals arranged by brokers with The Goldstein Group.

Residential & Mixed Use
Getting on track: Successful rental project, flood control measures spur new interest in Bound Brook

A successful rental project is one of two driving forces that now have Bound Brook ready to move ahead with a long-overdue revitalization of its downtown. The borough, whose Main Street has a history of being pummeled by surges from major storms, marked the completion last year of a $143 million flood control project — meaning downtown business and property owners no longer need to spend thousands of dollars on flood insurance.

Office
Vision Real Estate Partners touts office acquisition in downtown Morristown

After building its presence in suburban Morris County, Vision Real Estate Partners has planted a flag in downtown Morristown with the acquisition of a 150,000-square-foot office building.

Retail
Five N.J. retail sites included in $325 million Urban Edge deal

Urban Edge Properties is acquiring seven retail centers totaling 1.5 million square feet as part of a $325 million acquisition, including assets in four heavily traveled New Jersey submarkets.