Joshua Burd
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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.

Office
SJP tops out new Sanofi office building in Morristown, eyeing early 2025 delivery

Sanofi’s new 260,000-square-foot office building in downtown Morristown is on track to open early next year after the recent completion of vertical construction by SJP Properties.

Top News
NJBA installs Tantleff as board chair, pledging continued focus on housing affordability

The New Jersey Builders Association has installed Debra Tantleff as its new board chair, tapping a key figure in the industry as it prepares for a new year of advocacy and education for thousands of professionals involved in housing construction.

Finance & Capital Markets
Prism lands $54 million refi for mixed-use redevelopment near Dunellen train station

Prism Capital Partners has secured nearly $54 million in fixed-rate financing for The Nell, a development that has brought new apartments, townhomes and retail space to Dunellen.

Office
Occupancy at Bell Works surges to 99 percent as landmark property marks 10th anniversary

The landmark Bell Works complex in Holmdel is all but fully leased after a flurry of activity in 2023 involving nearly two dozen companies.

Industrial
Liu joins Cushman industrial team in New Jersey, eyeing 3PL clients

Veteran industrial broker Jimo Liu has joined Cushman & Wakefield as an executive managing director with its New Jersey team.

Technology
Legacy moment: Inside the landmark deal to bring Nokia Bell Labs to New Brunswick’s HELIX campus

The historic deal to bring Nokia Bell Labs to New Brunswick was nearly a year in the making, beginning in earnest with the company’s visit to a four-acre construction site downtown.

Sponsored Content
Real Estate NJ’s 2024 Market Forecast

After finding its footing in the pandemic, the commercial real estate market was back on its heels by late 2022 thanks to fast-rising interest rates and fears that the worst is still to come. Developers, investors and other industry stakeholders in New Jersey are now bracing themselves for more uncertainty in 2023, as they also prepare to seize the opportunities that often come with economic distress.

Residential & Mixed Use
‘Mildred’s Bridge’ apartments to support prisoner re-entry in Newark — while honoring longtime city council president

A new apartment building for prisoners who are re-entering the community is coming to Newark, one that will honor one of the city’s most revered and trailblazing public servants.

Government & Public Policy
Murphy signs law to revive unused liquor licenses, ease restrictions on craft breweries

Gov. Phil Murphy has signed a bill to update the state’s nearly century-old liquor license laws, seeking to activate nearly 1,400 dormant retail licenses and expand the supply of an asset that many see as critical to economic development.

Finance & Capital Markets
Seagis lands $122 million loan for three-state, 1.1 million sq. ft. industrial portfolio, JLL says

Seagis Property Group LP has snagged $122 million in financing in connection with more than 1 million square feet of industrial space in New Jersey, New York and Florida.