Joshua Burd
12759 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.

Retail
Boot Barn leases 20,000 sq. ft. in Paramus for first Bergen County location, Welco says

Western apparel chain Boot Barn has taken 20,000 square feet along Route 17 in Paramus, in a newly announced deal by Welco Realty Inc.

Retail
Sheldon Gross: Weight loss spa Bodenvy takes 2,400 sq. ft. in Summit

A weight loss spa has found its first New Jersey location after leasing 2,400 square feet in downtown Summit, brokers with Sheldon Gross Realty announced last week.

Event Coverage
Brighter days ahead: Panelists bullish on Jersey City office market amid historic Bank of America lease, continued residential boom

If there were ever a time for optimism — specifically for Jersey City’s embattled office market — it may as well come after a blockbuster 548,000-square-foot lease. That bullishness was evident Wednesday at the annual Jersey City Summit, where panelists were largely upbeat and confident that the submarket was due for a major uptick after several challenges in recent years.

Industrial
Hardware distributor signs 49,000 sq. ft. lease renewal in Lincoln Park, CBRE says

A hardware distributor has inked a lease renewal at a nearly 49,000-square-foot industrial building in Lincoln Park, according to a brokerage team with CBRE.

Industrial
DXD Capital unveils new 761-unit Public Storage facility in Toms River

Private equity investor DXD Capital has taken the wraps off a new climate-controlled, 761-unit self-storage building in Toms River.

Residential & Mixed Use
Cervelli: Updated six-unit rental building in Jersey City Heights trades for $1.3 million

A private entity has acquired a newly renovated, six-unit apartment building in Jersey City for $1.3 million, in a deal arranged by Cervelli Real Estate and Property Management.

Finance & Capital Markets
JLL: Petrucci lands JV equity, Provident construction loan for Bucks County warehouse project

J.G. Petrucci Co. Inc. has secured joint venture equity and construction financing for a 330,000-square-foot industrial project in Pennsylvania’s Bucks County, brokers with JLL announced.

Finance & Capital Markets
Developer lands $47 million CMBS loan for new 140-unit rental property in Paramus

The developer of a new 140-unit apartment complex in Paramus has closed on nearly $47 million in financing, in a deal arranged by HKS Real Estate Advisors.

Residential & Mixed Use
Stillman breaks ground on 132-unit oceanfront condo project in Long Branch

Construction is underway on a long-awaited project that will bring another 132 luxury condominiums to Long Branch’s fast-growing shoreline.

Office
Newmark: REIT sells net-leased, 87,000 sq. ft. office building in Mount Laurel

A real estate investment trust has sold a Mount Laurel office building that spans more than 87,000 square feet and is home to a single tenant, brokers with Newmark announced.