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.

Retail
C&W: Joint venture buys 58,000 sq. ft. Wayne retail center for $8.7 million

A joint venture has purchased a nearly 58,000-square-foot retail center in Wayne for $8.65 million, in a newly announced deal by Cushman & Wakefield.

Office
Tech firm’s 7,500 sq. ft. lease in Hoboken among new deals by Equity Real Estate Brokerage

A technology firm has leased 7,500 square feet of office and research space in downtown Hoboken, in one of several newly announced deals by Equity Real Estate Brokerage LLC.

Professional Services
Veteran broker joins Sheldon Gross as V.P. for multifamily sales, redevelopment

Sheldon Gross Realty has named a new vice president for multifamily investment sales and redevelopment, the West Orange-based firm announced.

Residential & Mixed Use
Russo details start of 297-unit rental project at Newark’s Broad Street station

Russo Development has broken ground in Newark on a project that will bring nearly 300 apartments to a site just north of Interstate 280 and NJ Transit’s Broad Street station.

Finance & Capital Markets
STRO, KRE ink $60 million refi of new 205,000 sq. ft. Woodland Park industrial building

The STRO Cos. and Kushner Real Estate Group have secured $60 million to refinance a new 205,000-square-foot industrial development in Woodland Park.

Industrial
Specialty foods distributor inks 5,000 sq. ft. industrial lease in Somerset, BRC says

A food distributor has taken 5,000 square feet of industrial space in Franklin’s Somerset section, in a newly announced deal by Bussel Realty Corp.

Retail
Renaissance Properties adds three tenants at Burlington County town center project

Three new retail tenants are coming to Renaissance Properties’ mixed-use, downtown-style development in the Burlington County township of Chesterfield.

Finance & Capital Markets
AST Financial, Summit Capital tout $51 million in homebuilder loans year to date

Lending platforms AST Financial and Summit Capital Partners have closed more than $51 million in construction financing year to date in 2022, the firms announced Tuesday.

Residential & Mixed Use
Accurate hits milestone, leases 200 units at new Linden rental property

Renters have leased more than 85 percent of a new 234-unit luxury apartment property in downtown Linden, development firm Accurate announced this week.

Industrial
Penwood adds 110,000 sq. ft. Meadowlands industrial property, in Chaus-brokered deal

An investment manager has acquired a nearly 110,000-square-foot industrial building in the Meadowlands, in a recent transaction by Chaus Realty.