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.

Industrial

Meadowlands industrial building changes hands, CBRE says

CBRE Group Inc. has brokered the sale of a two-year-old, 156,256-square-foot industrial building in Teterboro, the real estate services firm said.

Office

Singapore REIT pays $115 million for Secaucus office building, CBRE says

A joint venture has reaped $115 million from the sale of a 460,000-square-foot office building in Secaucus, following its purchase of the property in 2014 and nearly $18 million worth of upgrades that attracted Quest Diagnostics as a tenant.

Residential & Mixed Use

Carlton Group brokers $46 million loan for Bound Brook apartment project

A real estate investment banking firm has arranged $46 million in financing for the developer of Queen’s Gate Apartments, a new 144-unit rental community in Bound Brook.

Office

Gottesman, Mountain Development name leasing team for West Windsor office sites

The owners of a two-year-old office building and an adjacent development site in West Windsor have tapped Mercer Oak Realty LLC to oversee leasing for the properties, the firms announced.

Retail

Footwear seller joins tenant lineup at Morris County retail development

A shopping center that is under construction in Morris County has added a global shoe retailer to its roster, according to developer Key Properties LLC.

Residential & Mixed Use

KRE, Goldman acquire 439-unit Plainsboro community for $73.3 million

A joint venture has acquired a 439-unit garden apartment property in Plainsboro for more than $73 million, marking the partnership’s second acquisition in the township in less than 18 months.

Policy Page

Thinking green: The role of indoor farming in older industrial space

In a state where available industrial space is already in short supply due to our exploding e-commerce sector, asking prices and rents for older and smaller industrial buildings may soon be rising dramatically. Also on the rise will be demand for the power needed to fuel plant growth and maintain proper growing conditions.