Joshua Burd
3039 Articles0 Comments

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for five 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.

Newmark inks 12,500 sq. ft. lease at creative office building in Union City

A marketing firm has leased 12,500 square feet at a creative professional building in Union City, brokers with Newmark Associates announced last week.

Rising interest rates threaten further cap-rate compression

Incredible fundamentals surrounding the New Jersey industrial real estate market has resulted in record investor demand, resulting in Class A cap rates steadily dropping since the end of the great recession to cycle lows, with some buildings trading with cap rates below 4.0 percent.

CBRE: Shrinking deal size fuels ‘persistent softness’ in N.J. office market

Smaller deals are increasingly driving New Jersey’s officemarket, a new report finds, raising the prospect of unchanged overall vacancyand flat rents in the near term despite an otherwise healthy economy.

Edison warehouse buyer lands $41.5 million acquisition loan, HFF says

549 Mill Road in Edison — Courtesy: HFF By Joshua Burd HFF has announced more than $41 million in acquisition financing for a joint venture’s recent purchase of a fully leased, 507,000-square-foot industrial building in Edison. Debt brokers with the…

South Orange restaurant, liquor license trade for $2.8 million

19 Valley St. in South Orange — Courtesy: The Kislak Co.Inc. By Joshua Burd An investor has acquired a well-known restaurant property and a liquor license in downtown South Orange, where a new operator is set to open following the…

Co-op, design team unveil Gold Coast residential tower after multimillion-dollar upgrade

The ownership of a 30-story residential tower in Cliffside Park has completed a sweeping overhaul, with top-to-bottom upgrades and new amenities aimed at putting the building on par with the newest properties along New Jersey’s Gold Coast.

LAN Associates extends, plans renovation at Midland Park headquarters

LAN Associates has recommitted to its longtime home in Midland Park, while detailing plans to renovate the 20,000-square-foot space over the next year.

Greek, LaSalle sell 452,000 sq. ft. industrial building in Piscataway

A joint venture has sold a newly built, 452,000-square-foot industrial building in Piscataway, in a deal arranged by brokers with Cushman & Wakefield.

CBRE: Cold storage firm leases 140,000 sq. ft. at Newark industrial project

A cold storage warehousing company has taken nearly half of a newly built, 290,000-square-foot industrial building in Newark, brokers with CBRE announced Wednesday.

Paramount debuts rental project at historic Newark building

Paramount Assets has completed its transformation of a historic commercial building in downtown Newark, delivering 37 new luxury apartments and street-level retail space.