Joshua Burd
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Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for eight 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
JLL: Rockefeller sells 454,000 sq. ft. Lehigh Valley warehouse to Link for $91 million

Rockefeller Group has sold a nearly 454,000-square-foot industrial building in Pennsylvania’s Lehigh Valley for $91 million, in a newly announced deal by JLL.

Professional Services
Sax names Top 50 accounting firm veteran as new CFO

Sax LLP, the Parsippany-based accounting, tax and business advisory firm, has named a new chief financial officer.

Professional Services
WCRE adds property manager to growing team in South Jersey, Pennsylvania

Wolf Commercial Real Estate has announced a new hire on its facilities and property management team in the southern New Jersey and Philadelphia region.

Office
Campbell set to begin $50 million renovation of historic Camden headquarters

Campbell Soup Co. is planning a $50 million overhaul of its iconic headquarters in Camden as part of a move to consolidate its office-based employees from outside New Jersey.

Residential & Mixed Use
Diversified buys 10 acres in Jefferson slated for new upscale apartments

Diversified Properties has acquired nearly 10 acres in Morris County where it now plans to build 32 new apartments as the first piece of a multiphase redevelopment.

Government & Public Policy
Rutgers launches study on parking usage at multifamily sites, seeking updated state guidelines

The Rutgers Center for Real Estate has launched a study that it hopes will capture real-time data on parking usage at residential properties in New Jersey, as it pushes for updates to the decades-old standards that towns and cities use to guide land use and redevelopment.

Residential & Mixed Use
Hudson Atlantic closes $14.7 million sale of 26-unit Madison apartment building

A distinctive 26-unit apartment building in downtown Madison has traded for $14.7 million, brokers with Hudson Atlantic Realty announced Wednesday.

Retail
Azarian: Hobby Lobby takes 59,000 sq. ft. at Neptune Twp. shopping center

Hobby Lobby has leased nearly 59,000 square feet at a grocery-anchored retail center in Neptune Township, in a newly announced deal by Azarian Realty Co.

Retail
Growing circuit-based gym franchise takes 3,000 sq. ft. in Old Bridge, LMC says

A gym franchise has found a new home in Old Bridge after leasing space at a 26,000-square-foot shopping center, according to an agency team with Levin Management Corp.

Finance & Capital Markets
C&W: Developers land $147 million construction loan for Parsippany redevelopment project

A development team has secured nearly $147 million in construction financing for a project that will bring some 500 new apartments and retail space to Parsippany, revitalizing the former site of a defunct office complex on Route 10.