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.

Office
C&W: Leasing continues at upgraded office park

A Basking Ridge office park has inked more than 100,000 square feet in new leases and renewals recently, the latest activity at the 527,000-square-foot complex since a change in ownership and an ongoing series of upgrades.

Finance & Capital Markets
Union office landlord refinances for $11M

The owner of a Union office building is refinancing the property for $11 million after recently completing a series of renovations, brokerage firm HFF said Thursday.

Personalities
Brokerage adds sales associate with overseas experience

NAI Mertz this week announced the appointment of Nilgün Foley as sales associate.

Government & Public Policy
With a new name, mixed-use park around Prudential Center moves forward

Public officials and business leaders gathered Wednesday to unveil new details about plans to transform the surface lots around the Prudential Center into a dynamic, mixed-use park area that connects Newark Penn Station to the city’s downtown and Ironbound neighborhoods.

Government & Public Policy
Experts dissect, gauge impact of affordable housing ruling

A ruling by the state Supreme Court on Wednesday is being hailed as a victory for affordable housing advocates and developers, but reaction from other experts and stakeholders was mixed, as they worked to understand what the decision would mean going forward.

Industrial
Colliers: $25M industrial deal includes South Jersey property

A real estate investment trust has acquired a nearly 200,000-square-foot industrial property in Swedesboro as part of a recent two-building deal, two-state deal.

Government & Public Policy
N.J. Supreme Court rules towns must count ‘gap years’ in affordable housing obligations

New Jersey towns and cities must account for more than 15 years of unmet need in determining their affordable housing obligations, the state Supreme Court has ruled, paving the way for the development of tens of thousands low- and moderate-income units statewide.

Sponsored Content
REAL ESTATE FORECAST: Top 2017 trends to look for in New Jersey

New Jersey’s real estate market remained fundamentally strong at year-end 2016 and appears poised to retain its vitality in the coming year. Urban and suburban transit hub markets should remain a bright spot within the state’s slowing office market in 2017, while New Jersey’s industrial sector is in the midst of the greatest burst of construction since 2014. A significant influx of national retailers to transit-oriented locations, traditional downtowns and even college campuses has positively impacted the state’s retail market.

Hospitality & Tourism
Well-known Somerset County hotel sold for $30 million, HFF says

A real estate investment firm has sold a Somerset County hotel for $30 million, a decade after acquiring the property through a partnership with a former hospitality company.

Industrial
Joint venture acquires 50,400 sq. ft. Branchburg warehouse

Two Elizabeth-based developers have partnered once again, this time acquiring a Branchburg industrial building that serves as a FedEx distribution center.