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.

Finance & Capital Markets
CBRE: Owner of 320,000 sq. ft. Short Hills office campus refis for $58 million

Columbia Pacific Advisors has closed on $58 million in financing for a two-building, 320,000-square-foot office campus in the Short Hills section of Millburn.

Retail
Car wash, fitness concept ink leases at Gloucester County center, Goldstein Group says

The owner of a Gloucester County shopping center has filled two spaces with the additions of a car wash and a community-focused gym franchise, brokers with The Goldstein Group said.

Residential & Mixed Use
Inspired breaks ground on new luxury condos along Asbury Park coastline

Construction is underway on a project that will bring 112 condominiums to Asbury Park as one of the newest infusions of high-end housing along the city’s iconic shoreline.

Retail
Rivani sells 168,000 sq. ft. net-leased retail portfolio in Mount Olive for $28 million

Investment firm Rivani has sold a nearly 168,000-square-foot portfolio of net-leased retail properties in Mount Olive for $27.9 million, according to brokers with JLL.

Finance & Capital Markets
CBRE: Investor snags $36 million permanent loan after buying new Belleville rental property

The new owner of a 158-unit luxury apartment building in Belleville has closed on $35.5 million in permanent financing for the asset, brokers with CBRE announced Monday.

Office
Cybersecurity firm takes 12,000 sq. ft. at SJP’s Waterfront Corporate Center in Hoboken

A cybersecurity firm is coming to SJP Properties’ Waterfront Corporate Center in Hoboken, having leased more than 12,000 square feet in a deal arranged by Cushman & Wakefield.

Residential & Mixed Use
Kislak: Renovated 10-unit rental property in Asbury Park fetches $2.3 million

A private investor has purchased a 10-unit apartment building in Asbury Park for $2.3 million, brokers with The Kislak Co. Inc. announced Monday.

Industrial
Eden Wood, event rentals company ink 32,000 sq. ft. industrial lease in Jersey City, BRC says

An event rental company has taken nearly 32,000 square feet at a Jersey City industrial building, in a newly announced deal by Bussel Realty Corp.

Cover Story
Culture campus: Newark Museum update marks latest milestone as $100 million mixed-use project takes shape around it

New Jersey’s oldest museum has undergone a significant upgrade, solidifying its commitment to serve as a dynamic cultural hub for the region and beyond. It also is considered the cornerstone of the $100 million, blended-use project that’s poised to link two downtown neighborhoods.

Editor’s Note
Building momentum

The Museum Parc project is now taking shape around The Newark Museum of Art, as you’ll read in this month’s cover story, as a development team constructs two new buildings with a combined 250 mixed-income apartments, ground-floor retail and additional cultural spaces such as a vibrant, glass-enclosed gallery. The construction along Central Avenue is now about 50 percent complete, as anticipation builds for full delivery in early 2027.