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
Petrucci plans new spec warehouse in central N.J.

J.G. Petrucci Co. Inc. is set to develop a speculative 187,500-square-foot industrial facility in Somerset County after recently acquiring an 18-acre site, the firm said Monday.

Retail
Pierson: Four new tenants join Mercer County development

Pierson Commercial has brokered leases for four new retailers at the mixed-use development known as Downtown Robbinsville, the retail real estate services firm said Monday.

Industrial
Snack maker is latest tenant to move to N.J. from NYC, Bussel says

A snack manufacturer is relocating to Edison from Brooklyn after acquiring a 35,316-square-foot industrial property in the township, Bussel Realty Corp. said Monday.

Retail
Monmouth County strip center sold for $9.2M

An investor has paid more than $9 million to acquire a Hazlet shopping center, part of a recent 1031 exchange transaction brokered by Marcus & Millichap.

Office
Not your average fixer-upper: Prism plans major renovations at remaining Roche buildings

For all the appeal of the five modern, institutional-grade office and R&D buildings that were left standing on the former Roche campus, there is still work to be done. In fact, Prism Capital Partners is planning a multimillion-dollar renovation at three of the buildings.

Health Care & Education
Turnkey R&D space, utility plant fueling interest from tenants

The planned Seton Hall-Hackensack Meridian School of Medicine is undoubtedly driving much of the interest at the former Roche campus. But it’s certainly not the only attraction.

Events
Are incentives here to stay in N.J.? Gubernatorial hopefuls weigh in at NAIOP forum

Two of the candidates in this year’s gubernatorial election would look to scale back or reconfigure the state’s development and business incentives, while three others appear ready to continue the existing programs as a way to extend the growth of New Jersey’s economy.

Government & Public Policy
Hackensack firm unveils new Bergen County gov’t complex

A locally based architecture firm its touting the opening of a modern, $140 million county government building that it designed in the heart of downtown Hackensack.

Professional Services
Cresa announces new management, growth plans in N.J.

Cresa, the largest tenant-only commercial real estate brokerage, has announced a new management team in New Jersey and is on the hunt for new space and new talent.

Finance & Capital Markets
Wilcox secures $13.5M refi for Sussex County retail center

G.S. Wilcox & Co. has arranged the refinancing of a grocery-anchored, 140,000-square-foot shopping center in Sussex County for $13.5 million, the firm announced.