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.

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Building up: The future of warehouse design in urban markets

The ever-growing demand and need for prompt fulfilment is forcing businesses and developers to react to the market with more warehouse space that is closer to the consumer. When development footprint in the middle of major U.S. cities is high in price and in low supply, you must build up, not out — this has been the answer in the commercial and residential markets for decades.

Office
Veris Residential to sell Holmdel office building, Jersey City hotel for $132 million

Veris Residential Inc. has agreed to sell a Holmdel office building and a hotel in Jersey City for a combined $132 million, as it continues to shed assets outside the multifamily sector.

Residential & Mixed Use
Developer unveils boutique rental building in Franklin Lakes

A developer has launched leasing at a new boutique apartment building in Bergen County, offering a mix of high-end amenities in what it touts as an upscale suburban setting.

Residential & Mixed Use
Kokes sells new Connecticut rental property, eyes continued growth in New Jersey

Kokes Properties has closed on its sale of a newly built, 41-unit apartment building in Connecticut, with plans to double down on its growing portfolio at home in New Jersey.

Industrial
Inspection technology firm takes 22,000 sq. ft. in Mount Laurel, Vantage Commercial says

A pharmaceutical inspection company has leased nearly 22,000 square feet of industrial flex space in Mount Laurel, in a newly announced deal by Vantage Commercial.

Industrial
Faropoint lands new credit facility for a combined $1.6 billion over 14 months

Investment manager Faropoint has secured a new credit facility to support its growing industrial portfolio, in the latest piece of some $1.6 billion in funding that it has closed since last summer.

Office
Edgewood buys vacant 250,000 sq. ft. Basking Ridge office building, in JLL-brokered deal

Edgewood Properties has acquired a 250,000-square-foot office building in Somerset County that was recently vacated by a global insurance company, in a deal arranged by JLL.

Residential & Mixed Use
Skylight affiliates sell Hoboken multifamily portfolio for $13.2 million, Kislak says

An investment group has sold a three-building, 21-unit multifamily portfolio in Hoboken for $13.2 million, according to a brokerage team with The Kislak Co. Inc.

Retail
Urban Edge: Apparel chain takes 2,300 sq. ft. at Bergen Town Center for first East Coast outlet

Urban Edge Properties has leased a space at its Bergen Town Center property that will serve as the first East Coast outlet location for Splendid, a fashion retailer.

Residential & Mixed Use
Wonder Lofts opens new on-site sales office, model homes as first buyers move in

The team behind the newly restored Wonder Lofts property in Hoboken has officially opened the collection of upscale condominiums with its debut of an on-site sales office.