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.

People
Four young brokers join Colliers N.J. team

Colliers International Group Inc. has added four new professionals to its brokerage teams in Parsippany and Princeton, marking its continued expansion in New Jersey.

Office
NAI Mertz marketing Camden County office space

Brokerage firm NAI Mertz has been tapped to lease a five-building, 33,400-square-foot office park in Berlin.

Finance & Capital Markets
Financing aids conversion of Totowa commercial building

HFF has arranged $12.2 million in construction financing for developers to reposition a light industrial building into a 1,246-unit self-storage facility in Totowa, the firm announced.

Office
Bank renews lease at Denholtz building in Fla.

Denholtz Associates has renewed a nearly 17,000-square-foot lease with a bank at its recently acquired office building in downtown St. Petersburg, Florida, the Matawan-based firm said.

Finance & Capital Markets
Developers sell iconic Panasonic tower in Newark for $165M

SJP Properties and Matrix Development Group have sold Panasonic’s North American headquarters building in Newark to an overseas investor for a reported $165 million, the firms announced Wednesday.

The Rundown
Report: Land sale clears way for new largest park in Hoboken

Hoboken is set to pay $30 million to buy more than six acres in its northwestern end to build the city’s largest park, according to a published report.

Professional Services
NGKF adds Tobiasz project management team

Newmark Grubb Knight Frank has bolstered its project management practice in New Jersey with the addition of a team led by industry veteran Brian Tobiasz, the firm said Wednesday.

Retail
Ripco: Newark store is fast casual chain’s first Northeast location

A fast casual chain from Arizona is making its Northeast debut with a new store in downtown Newark, Ripco Real Estate announced this week.

Residential & Mixed Use
Gebroe-Hammer notches nearly $150M in sales over 90 days

Brokers with Gebroe-Hammer Associates have made the most of their home field advantage in recent months, closing 15 different multifamily sales in Essex County in the past 90 days.

Office
American Water HQ set to kick off massive waterfront makeover in Camden

With more than a year of due diligence, entitlements and land assemblage in the books, Liberty Property Trust is set to break ground on the first piece of a $1 billion, mixed-use project to transform Camden’s waterfront.