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.

Government & Public Policy

Trentonian site slated to become Dunkin’ Donuts bakery hub

The latest thing that Trenton makes? Try Munchkins.

That may soon be the case under a proposal by a team of Dunkin’ Donuts franchisees. A nearly $17 million project calls for redeveloping two buildings in the city into a new 69,000-square-foot central bakery plant, serving more than 130 stores in the region and producing hundreds of thousands of doughnuts and other products every week.

Office

South Jersey office building fully leased, has new owner

An investment firm has acquired a Mount Laurel office building after a series of deals to shore up the tenant roster at the nearly 100,000-square-foot complex, the company said.

Industrial

Monmouth REIT buys FedEx Ground center for $35M

A real estate investment trust based in Freehold has turned to the Buffalo, New York area to acquire a FedEx distribution center, paying $35.1 million for the industrial asset.

North Jersey site could house zip line park, NAI Hanson says

NAI James E. Hanson has been named the exclusive listing agent for two vacant parcels in Morris County — including one that may be used for a zip line park.

Finance & Capital Markets

Kislak brokers $4.25M apartment sale outside N.J.

Brokers with The Kislak Co. Inc. in Woodbridge have arranged the $4.25 million sale of two multifamily properties in New York’s Hudson Valley region, the firm announced Tuesday.

Finance & Capital Markets

Wilcox brokers financing for South Jersey flex property

G.S. Wilcox & Co. has arranged a $7 million loan for a six-building, 240,000-square-foot industrial flex park in Gloucester County, the commercial mortgage banking firm said.

Office

Colliers: Pine Brook office building trades for $2.5 million

A private investor has paid $2.5 million for an office building just outside Parsippany, in a value-add deal brokered by Colliers International.

Residential & Mixed Use

Ruling on poor workmanship gives certainty to contractors

There is no shortage of pitfalls that developers and general contractors can face in New Jersey, but it looks as though one longtime source of angst may be gone for good. Late this summer, the state Supreme Court ruled that faulty work by subcontractors can be covered under a general contractor’s insurance policy.

People

Bergman hires CRE industry veteran in asset management role

David Iacobucci has joined Bergman Real Estate Group as a senior investment manager, the real estate investment and management firm announced Monday.

The Rundown

Report: Retail vacancy ticks up in northern N.J.

The struggles of big-box stores such as Sports Authority have led to a rare increase in summertime retail vacancy in northern and central New Jersey, according to a recent report.