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.

Residential & Mixed Use
Middlesex County apartment portfolio trades for $9.7 million, Gebroe-Hammer says

A growing multifamily owner has added to its holdings with three properties in Middlesex County, acquiring the 53-unit portfolio for nearly $10 million.

Residential & Mixed Use
Jersey City parcel slated for apartments, townhomes after $6 million sale by CBRE

A developer has acquired a parcel in Jersey City’s waterfront Paulus Hook neighborhood for $5.9 million, in one of two newly announced deals by CBRE.

Retail
Urban Edge inks leases to bring First Watch, Shake Shack to Brick retail center

Urban Edge Properties is bringing new dining options to a Brick Township shopping center after signing leases with First Watch and Shake Shack.

Industrial
NAI Hanson named leasing agent for 716,000 sq. ft. Newark industrial complex

Global real estate firm Hines has tapped NAI James E. Hanson as its leasing agent for more than 700,000 square feet of industrial space in Newark’s Ironbound section.

Health Care & Education
Nonprofit takes 16,000 sq. ft. in Totowa for facility serving adults with special needs

A regional school district has leased nearly 16,000 square feet in Totowa for a facility that will serve adults with special needs, in a newly announced deal by The Goldstein Group.

From the Publisher
From the publisher: Homework for you to do on our economy

Below is a link to an article by David Berson, Ph.D., of Cumberland Advisors regarding the country’s current economic status and an analysis of whether we will fall into a recession. In my opinion, it is exceptionally well written and accurate. More importantly, Berson does not fall into the usual trap that most commentators are susceptible to of only presenting data that substantiates their position. He covers the field and presents both sides of the argument without really sticking his flag in either mound.

Retail
New 120,000 sq. ft. retail project bringing expanded ShopRite to Hillsborough, RIPCO says

A new ShopRite is coming to Hillsborough as part of a 120,000-square-foot development that’s slated to break ground early next year, according to a leasing team with RIPCO Real Estate.

Finance & Capital Markets
Northmarq sources $13 million loan for 49-unit North Arlington apartment building

The owner of a two-year-old, 49-unit apartment building in North Arlington has closed on $13 million in financing for the asset, in a newly announced deal by Northmarq.

Residential & Mixed Use
J&L touts sustainability, wellness features at new 403-unit Ironbound apartment building

J&L Cos. has unveiled a series of features at its new 403-unit luxury apartment building in Newark that it says will promote a healthier, more eco-friendly environment for residents while amplifying a citywide push for sustainability.

Retail
Stir fry, salad chain honeygrow inks lease at new Old Bridge retail development

Fast-casual restaurant stir fry and salad chain honeygrow has signed a lease at a new development in Old Bridge, where it will join a host of other retail tenants and more than 1,000 homes under construction along Route 9.