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.

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HFF’s midyear 2017 industrial capital markets brief

From an equity markets perspective, demand for industrial product continues to be strong with institutions and private funds that are underweight in northeast industrial properties. The reason we are not seeing more activity is because there has been — and continues to be — a lack of quality offerings in the most sought after markets from the Meadowlands down along the Interstate 95/Turnpike Corridor to Exits 8A/7A.

Retail
Howell retail center welcomes burger chain, LMC says

A burger franchise is relocating to a 3,400-square-foot space inside a Howell shopping center, following a deal orchestrated by Levin Management Corp.

Industrial
Hartz completes new service facility at former Kearny landfill site

Hartz Mountain Industries and Cummins Inc., a global engine maker and power company, have completed a new 57,000-square-foot facility in Kearny, marking a milestone in a complex, long-running effort to redevelop a former landfill in the Hudson County town.

Office
Roseland office building sold for $16.7 million

A special servicer has sold a roughly 280,000-square-foot office building in Roseland for $16.7 million, according to brokers with CBRE Group Inc. who marketed the property.

People
Former financial analyst joins NAI Hanson as sales associate

NAI James E. Hanson has bolstered its sales team with the addition of a new associate in its Hackensack office, the real estate services firm said Thursday.

Industrial
Somerset flex building sells for $6.25 million, Marcus & Millichap says

A vacant 67,000-square-foot flex building in Somerset County has traded for $6.25 million, in a deal brokered by Marcus & Millichap’s New Jersey office.

Industrial
Blau & Berg: Event firm joins roster at new industrial development in Secaucus

An event production company has committed to more than 14,000 square feet at a distribution center now under construction in Secaucus, The Blau & Berg Co. said Thursday.

Office
Bell Works adds flavor, fragrance developer to tenant mix

A flavor and fragrance creator is the latest tenant to commit to the newly imagined Bell Labs complex in Holmdel, where it has leased 60,000 square feet for a new creative hub.

Industrial
Medical supplies distributor inks 70,000 sq. ft. lease in Fairfield

Saddleback Real Estate Developers has leased nearly 70,000 square feet in Fairfield to a well-known distributor of medical supplies, the industrial owner said Tuesday.

Office
Markeim Chalmers brokers $2.4 million office sale in Cherry Hill

A local investor has paid nearly $2.4 million to acquire a pair of office buildings in Cherry Hill, according to a broker with Markeim Chalmers Inc. who negotiated the deal.