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.

Hospitality & Tourism
New 133-room Hampton Inn comes to Bridgewater

A developer has opened a new 133-room hotel along Route 22 in Bridgewater, seeking to capture demand from the region’s population and nearby corporations.

Office
Insurance firm takes 20K sq. ft. at Morristown office building

Vision Real Estate Partners has leased nearly 20,000 square feet to an insurance firm at its newly acquired office building in Morristown, the largest among several recent deals announced by the firm.

Professional Services
Residential, day care building set to rise in Newark’s Ironbound

An architectural firm has completed its design of a new mixed-use residential and day care building that is now under construction in Newark’s Ironbound section.

Residential & Mixed Use
HFF marketing Mercer County apartment community

The owner of a 312-unit, Princeton-area apartment community has hired HFF to sell the property.

Office
Nonprofit looks to streamline footprint in northern New Jersey

The United Way of Northern New Jersey has tapped JLL to help it consolidate its footprint in the region, starting with the sale of an office condominium in Morris County.

Residential & Mixed Use
Kislak touts $11.6 million in North Jersey multifamily deals

Three Essex County buildings with a combined 178 apartments have changed hands for a total of $11.6 million, following recent sales arranged by The Kislak Co. Inc.

Retail
Mixed-use building in Bergen County trades for $2.6 million

A private investor has sold a 13,500-square-foot retail and office building in Westwood, in a nearly $2.6 million sale brokered by Marcus & Millichap.

Trend Watch
Industrial cap rates hold steady despite higher interest rates
Sponsored Content Northern and Central New Jersey’s industrial cap rates compressed 210 basis points over the last three years due to increasing investor demand. Market cap rate compression and recent increases in the federal funds rates have given some investors…
Events
NAIOP gala honors projects and CRE leaders of past and present

NAIOP New Jersey unveiled three Deal of the Year awards at its annual gala, which also honored two late industry icons, Arthur Greenbaum and Caren Franzini. The program also recognized three of the state’s leading service firms — JLL, Biggins Lacy Shapiro & Co. LLC and Hollister Construction — before a packed house at The Palace at Somerset Park in Franklin.

Finance & Capital Markets
HFF secures $100 million refinance for Hudson County retail center

The owner of a fully leased, 410,015-square-foot retail center in Hudson County has refinanced the property for $100 million, HFF said Thursday.