Joshua Burd
12849 Articles0 Comments

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
Faropoint adds 1.7 million sq. ft. in $105 million industrial deal in Jacksonville, Memphis

Hoboken-based Faropoint has added 1.7 million square feet of logistics space in the Southeast with a newly announced acquisition in Jacksonville, Florida and Memphis, Tennessee.

Hospitality & Tourism
Bailey details plan to transform Monmouth Park with residential, hotel and community spaces

Real estate magnate Morris Bailey has unveiled plans for a sweeping mixed-use development on some 80 acres alongside Monmouth Park, in a project that is decades in the making and long seen as a key to the future of the iconic Jersey Shore racetrack.

Finance & Capital Markets
Newmark: Hampshire adds JV partner in $300 million recap of 1.4 million sq. ft. light industrial portfolio

The Hampshire Cos. has closed on a $300 million recapitalization of a sprawling light industrial portfolio in northern New Jersey and other key areas, in a deal arranged by Newmark.

Residential & Mixed Use
Penn Properties sells 208-unit Camden County rental portfolio for $23 million, Berkadia says

Penn Properties has sold a 208-unit garden apartment portfolio in Gloucester Township for $23 million, in a newly announced deal by Berkadia.

Retail
TFE adds three-building, 93,000 sq. ft. retail property in Fair Lawn, in JLL-brokered deal

TFE Properties has expanded to Bergen County with its purchase of nearly 93,000 square feet of retail space on a 6.3-acre site in Fair Lawn, in a deal arranged by JLL.

Industrial
DXD Capital completes latest self-storage project, a 603-unit facility in Egg Harbor Twp.

Private equity firm DXD Capital has opened a new 603-unit self-storage facility in Egg Harbor Township, the latest addition to its fast-growing portfolio in the asset class.

Professional Services
GTL: New customer, back-of-house spaces coming to Gary’s Wine & Marketplace

GTL Construction has kicked off a project that will revamp key customer and back-of-house spaces at a Gary’s Wine & Marketplace location in Bernardsville.

Industrial
Longpoint adds 445,000 sq. ft. Montville industrial portfolio in deal with First Industrial

Longpoint Partners LP has acquired more than 445,000 square feet of industrial space in Montville, one of at least two major additions recently to the firm’s holdings in New Jersey.

Industrial
Distribution business takes 16,000 sq. ft. near Port Newark, Blau & Berg says

A distribution company has leased 16,000 square feet of industrial space roughly a mile from Port Newark-Elizabeth, in a newly announced deal by The Blau & Berg Co.

Office
NAI Hanson: Attorneys swap 9,000 sq. ft. office building in sale-leaseback in Hackensack

A law practice has acquired a 9,000-square-foot office building in Hackensack as part of a new sale and partial leaseback arranged by NAI James E. Hanson.