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.
Image courtesy: JC Penney By Joshua Burd One JC Penney store in southern New Jersey will be among nearly 140 that are slated to close nationwide as the retailer looks to combat drops in sales and maintain profitability. A list…
After opening for leasing earlier this month, the developers of Journal Squared have officially unveiled the first residential tower in their transformative mixed-use project in Jersey City.
One of Essex County’s newest luxury apartment projects has reached another leasing milestone, passing the 80 percent mark about six months after opening its doors.
With e-commerce fulfillment increasingly becoming one of the strongest drivers of industrial real estate, the need for warehouse labor has also increased dramatically. This trend, combined with a decreasing unemployment rate, has forced up labor costs for many e-commerce operations.
RXR Realty has completed the $368 million sale of six office buildings in Short Hills and Madison to Mack-Cali Realty Corp., according to HFF, in a high-profile trade involving one of the state’s most high-end suburban submarkets.
State officials have awarded nearly $245 million in tax credits to spur a trio of prominent South Jersey companies to move to Camden as part of the city’s sweeping waterfront redevelopment.
Developers have received approvals to develop 46 upscale rental homes as part of a new boutique multifamily project in downtown Montclair, the joint venture said Thursday.
Commercial real estate lending continues to be a major driver for Valley National Bank, with the company having recorded some $650 million in new loans in the fourth quarter of last year.
A made-to-order burrito chain is continuing its expansion at the Jersey Shore with the opening of a new location in Howell, according to Levin Management Corp.