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.

Office
Office user takes 1,600 sq. ft. in Avenel, NAI Hanson says

NAI James E. Hanson has negotiated a lease for nearly 1,600 square feet of office space in the Avenel section of Woodbridge.

Professional Services
New York City SCA taps DIGroup as design architect for new Bronx elementary school

The New York City School Construction Authority has selected DIGroup Architecture to design a new ground-up elementary school in the Bronx, the practice announced.

Events
IOREBA program to highlight legal limitations and liabilities in commercial real estate

The Industrial and Office Real Estate Brokers Association will welcome industry leaders next week for its fall kickoff event in Roseland, where panelists will tackle a key legal topic.

Residential & Mixed Use
Diversified starts construction for crowdfunded luxury rental project in Morris County

Diversified Properties has broken ground on a planned 60-unit luxury apartment building in Wharton, in a project that is being funded with the help of crowdsourced investors.

Office
CBRE: Harborside 5 and 6 listed for sale as Veris continues to prune Jersey City campus

Veris Residential Inc. is seeking a buyer for two additional pieces of its Harborside campus in Jersey City, following news that it was under contract to sell its three flagship office buildings at the property for $420 million.

Events
Hundreds turn out as NAIOP New Jersey honors industry titans, contributors

NAIOP New Jersey welcomed a crowd of 300 for its annual President’s Awards and Hall of Fame Dinner, honoring eight commercial real estate industry leaders spanning multiple generations, in one of the association’s most popular events of the year.

Office
C&W: Telecom hardware, medical device manufacturers ink leases at Parsippany office campus

Seven tenants have leased a combined 90,000 square feet at a Parsippany office campus, in a series of newly announced transactions by Cushman & Wakefield.   

Residential & Mixed Use
Walters marks Sandy anniversary, kicks off 67-unit redevelopment on Brick barrier island

Walters has broken ground on a project that will bring 67 new homes to Brick Township, helping revitalize a stretch of the town’s barrier island section that was ravaged by Hurricane Sandy.

People
FNRP names executive chairman, chief investment officer in two C-suite moves

First National Realty Partners has named a new executive chairman and chief investment officer after a promotion and a new hire on its Red Bank-based team.

Residential & Mixed Use
Multifamily owners, experts debate path forward as interest rate hikes loom (SLIDESHOW)

Interest rate concerns have permeated the commercial real estate landscape in New Jersey and beyond — including the stalwart multifamily sector, which has enjoyed years of rent growth, low vacancy and strong absorption driven by wholesale demographic shifts. Investors and developers are now wrestling with how to forge ahead with deals and projects despite the uncertainty, as they wait to learn how many more rate hikes are still to come.