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.

Office
Advance: Bridgewater life sciences campus now 80 percent leased

The commercial space at a sprawling redevelopment site in Bridgewater is now 80 percent leased, following two new deals and growth by existing tenants in the life sciences sector.

Residential & Mixed Use
JV reportedly pays $181M for N.J. affordable housing portfolio

A joint venture is acquiring a 1,009-unit affordable housing portfolio, spanning seven towns in New Jersey, with the help of a $144 million Fannie Mae loan arranged by an out-of-state firm.

Top News
JC Penney IDs stores slated for closure (see the full list)

Image courtesy: JC Penney By Joshua Burd One JC Penney store in southern New Jersey will be among nearly 140 that are slated to close nationwide as the retailer looks to combat drops in sales and maintain profitability. A list…

Residential & Mixed Use
Developers cut the ribbon on new Journal Square tower

After opening for leasing earlier this month, the developers of Journal Squared have officially unveiled the first residential tower in their transformative mixed-use project in Jersey City.

Residential & Mixed Use
Another leasing milestone for Bloomfield rental building

One of Essex County’s newest luxury apartment projects has reached another leasing milestone, passing the 80 percent mark about six months after opening its doors.

Health Care & Education
Princeton medical office condo changes hands, WCRE says

Wolf Commercial Real Estate has brokered the sale of a 3,600-square-foot medical office condominium in Princeton, the firm said Friday.

Sponsored Content
JLL: E-commerce impacts New Jersey labor costs

With e-commerce fulfillment increasingly becoming one of the strongest drivers of industrial real estate, the need for warehouse labor has also increased dramatically. This trend, combined with a decreasing unemployment rate, has forced up labor costs for many e-commerce operations.

Office
RXR, Mack-Cali close on $368M office portfolio sale, HFF says

RXR Realty has completed the $368 million sale of six office buildings in Short Hills and Madison to Mack-Cali Realty Corp., according to HFF, in a high-profile trade involving one of the state’s most high-end suburban submarkets.

Office
EDA approves $245M tax credit for new Camden office tower

State officials have awarded nearly $245 million in tax credits to spur a trio of prominent South Jersey companies to move to Camden as part of the city’s sweeping waterfront redevelopment.

Residential & Mixed Use
Montclair OKs joint venture’s new rental project

Developers have received approvals to develop 46 upscale rental homes as part of a new boutique multifamily project in downtown Montclair, the joint venture said Thursday.