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.

Professional Services
Lument doubles capital markets team with five new hires, opens East Rutherford office

Commercial real estate finance firm Lument has doubled the size of its capital markets team, announcing five new hires as well as the launch of an office in New Jersey.

Technology
A new wave of data center demand is coming to New Jersey, but supply may be tighter than ever

Demand for data center space in New Jersey is surging on the back of Big Tech and the artificial intelligence arms race. And while a lack of electrical capacity may keep a lid on new supply, the owners of existing facilities are now racing to expand their footprints.

Professional Services
NIA National Realty adds Langan as director, eyeing expansion of brokerage team

NIA National Realty has tapped longtime industry executive Joseph Langan as a director with its Paramus-based team.

Retail
Marcus: Net-leased Wawa convenience store, gas station in Lakehurst trades for $6.5 million

A private investor has acquired a newly built, net-leased Wawa property in Lakehurst for $6.5 million, brokers with Marcus & Millichap announced Wednesday.  

Professional Services
Veterans Affairs taps WCRE Property Management for highly anticipated Toms River clinic

WCRE Property Management is bringing its services to a new Department of Veterans Affairs health care clinic in Toms River that’s slated to open next month.

Industrial
JLL inks sale of new 104,000 sq. ft. Long Island industrial building

A developer has sold a nearly 104,000-square-foot industrial building in New York’s Suffolk County, in a deal arranged by JLL’s Morristown-based capital markets team.

Residential & Mixed Use
Milestone moment: PARQ debuts first 275 apartments at Parsippany office campus

A developer has unveiled a new 275-unit luxury apartment building in Parsippany, in a key step toward repurposing an aging suburban office campus at the crossroads of two interstates.

Finance & Capital Markets
Reynolds refis Princeton Pike Office Park for $16 million, as redevelopment plan advances

A partnership led by Reynolds Asset Management has secured a $16 million loan to refinance the Princeton Pike Office Park in Lawrence Township, where it’s planning a major redevelopment that will bring new housing, retail space and other amenities to the site.

Professional Services
Pacheco joins Levin Management as controller

Commercial real estate industry veteran Lilian Pacheco has joined Levin Management Corp. as a controller, the North Plainfield-based firm announced Tuesday.

Retail
Deluccia: Plant-based eatery signs 2,700 sq. ft. renewal in downtown Somerville

A plant-based restaurant has renewed its lease at the base of a mixed-use building in downtown Somerville, in a deal arranged by Deluccia Commercial Group.