Joshua Burd
12736 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
PPP: Maker of air filtration products buys 32,000 sq. ft. facility in Hopewell

A global manufacturer has acquired a 32,000-square-foot flex industrial building in Hopewell, in a newly announced deal by Princeton Property Partners.

Finance & Capital Markets
Kennedy Funding inks land loan for Suffern residential parcels

Kennedy Funding has closed a new land loan in connection with a nearly six-acre residential development site in Suffern, New York, just north of the New Jersey state line.

Office
EPRT taps HOK, Rock Brook and Intech to build out new 20,000 sq. ft. Princeton office

Essential Properties Realty Trust has assembled the team that will help build out its new headquarters in West Windsor.

Residential & Mixed Use
Landmark eyes debut of new luxury rental projects in Union, Plainfield

Development firm Landmark is set to deliver two new residential properties that will add a combined 185 apartments to its portfolio in Union County.

Industrial
Accordia buys two-building, 97,000 sq. ft. shallow-bay portfolio in Charlotte

Accordia has expanded its footprint in the Southeast with its acquisition of more than 97,000 square feet of industrial space in Charlotte, the company said Monday.

Retail
KRH: Hackensack-based buyer adds 42,000 sq. ft. Passaic retail center

The site of a 42,000-square-foot retail center in Passaic has changed hands for $5.5 million, in a newly announced deal by KRH Realty LLC.

Office
Signature touts 38,000 sq. ft. in Q2 leasing in New Jersey, Long Island office buildings

Signature Acquisitions signed more than a dozen new leases, expansions or renewals in the second quarter across its New Jersey and New York office portfolio, the firm said Monday.

Residential & Mixed Use
Six-unit North Bergen apartment building trades for $895,000, Cervelli says

Investors have acquired a six-unit apartment building in North Bergen for nearly $900,000, in a deal arranged by Cervelli Real Estate & Property Management.

Professional Spotlight
JLL

JLL worked on behalf of the borrower to arrange $155 million in construction financing for Charlie, a 386-unit multifamily development in Hoboken, New Jersey. The 27-story, luxury mixed-use residential tower is currently under construction and scheduled for completion in 2026. The development includes 386 units with an average size of 698 square feet, offering studios and junior one-, one-, two- and three-bedroom options. Units feature SmartRent controls for HVAC, along with top-tier amenities like a concierge service, fitness center and large rooftop deck with a pool. This project is also part of a public/private initiative to improve the Hoboken train station area and will receive New Jersey Aspire tax credits.

Professional Spotlight
Amboy Bank

Amboy’s commercial real estate lending team has a unique position, as a privately owned, community bank, by having the ability and flexibility to provide quick decisions, offer construction financing as well as permanent loans with flexible terms, all while assisting clients throughout the entire process utilizing the specialized expertise and support that has become synonymous with Amboy.