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
Sage: 32-unit Dumont apartment complex trades after 65 years of original ownership

The developer of a 32-unit garden apartment complex in Dumont has sold the property after 65 years, according to a listing team with Sage Investment Real Estate Advisors.

Sponsored Content
A landlord perspective on alternative retail leases: Not your average retail lease

To avoid the so-called “tail wagging the dog,” rooftop owners can avail themselves of certain strategies in structuring rooftop lease deals to minimize risk. This article touches upon a few strategies, including reserve areas and relocation and recapture rights.

Retail
Doren Development acquires Fulton Bank branch in Cherry Hill retail corridor

Doren Development has expanded its footprint in southern New Jersey with the addition of a Fulton Bank branch in Cherry Hill, the firm announced this week.

Current Issue
Owners Council Q&A: Lance Bergstein

The market has really ebbed and flowed over the last 12 months. There were spurts of positive progress coupled with deterrents. I think this recent rate cut will help the macro environment but many of the fundamentals have remained the same. As a whole, the country is in an interesting political environment, which is perhaps more impactful to the economy than raw economic data.

Events
Join us Dec. 9 for The State of Redevelopment: Multifamily and Mixed-Use

Hear the latest in development, tenant demand and other trends in warehouse and logistics space.

Finance & Capital Markets
Weiss, Amboy Bank close $50 million construction loan for 240-unit Delran rental project

Weiss Properties has closed on a $50 million construction loan from Amboy Bank for a project that will bring 240 luxury rentals to the Burlington County township of Delran.

Industrial
NAIDB named leasing agent for 17,000 sq. ft. Bridgewater warehouse space

The owner of a nearly 17,000-square-foot warehouse space in Bridgewater has tapped NAI DiLeo-Bram & Co. as the property’s exclusive leasing agent.

Industrial
Sitex nears full lease-up of new-look Zuckerberg’s Industrial Park in Saddle Brook

Sitex Group has crossed a key leasing threshold at a 40-building industrial complex in Saddle Brook that it acquired in 2023 before launching a major update of the property.

Top News
Hackensack office site sold as part of planned affordable housing project, NAI Hanson says

An affordable housing agency has added to a development site in Hackensack with its purchase of a downtown office property, according to a brokerage team with NAI James E. Hanson.

Retail
Deluccia: Billiards, social lounge leases 5,700 sq. ft. on Bound Brook thoroughfare

A new billiards and social lounge concept has taken 5,700 square feet along a key commercial corridor in Bound Brook, in a newly announced deal by Deluccia Commercial Group.