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.

Industrial
Galvanize buys 245,000 sq. ft. South Jersey warehouse, eyeing major decarbonization strategy

A global investment firm has purchased a 245,000-square-foot industrial building in Salem County, touting it as part of a strategy to reduce carbon emissions from commercial property.

Retail
Paramount Realty sells Flemington strip center in $7.5 million deal, Marcus says

Paramount Realty has sold a nearly 7,400-square-foot stirp center in Flemington for $7.5 million, brokers with Marcus & Millichap announced last week.

Residential & Mixed Use
Third phase of KRE’s Bay 151 rental project in Bayonne more than 80 percent leased

Kushner Real Estate Group is nearing the full lease-up of a 212-unit apartment property in Bayonne, the third and final phase of a project that was conceived more than a decade ago.

Residential & Mixed Use
Institutional buyer adds 226-unit Hackensack rental property, JLL says

An institutional investor has acquired a 226-unit luxury apartment property adjacent to the upscale Shops at Riverside complex in Hackensack, in a newly announced deal by JLL.

Residential & Mixed Use
Three-property, 258-unit rental portfolio in Atlantic City sells for $21 million, Kislak says

A private investor has acquired a three-property, 258-unit apartment portfolio in Atlantic City for nearly $21 million, brokers with The Kislak Co. Inc. announced Thursday.

Residential & Mixed Use
New amenities debut at 336-unit Jersey City project by Fields Grade, Ursa Development

The developers of a new 336-unit apartment building at the border of Jersey City and Hoboken have debuted a series of indoor and outdoor amenities at the upscale property.

Residential & Mixed Use
Cervelli: Tenants wanted for ground-floor, rooftop commercial space at Passaic loft project

The owner of a loft-style apartment building in Passaic has tapped Cervelli Real Estate and Property Management as its leasing team for the property’s commercial space.

Industrial
Deugen wins approval for two-building, 195,000 sq. ft. warehouse project in New Brunswick

An affiliate of Deugen Development has secured a key local approval for a plan that would bring nearly 200,000 square feet of new warehouse space to New Brunswick.

Top News
Ianuale, Trautner reflect on time as ULI New Jersey co-chairs after extended term

Ensuring a smooth transition has been a top priority for Tom Trautner and Tony Ianuale in their final months as co-chairs of the Urban Land Institute’s Northern New Jersey chapter. Fortunately, that has meant continuing what they’ve done for more than four years — engaging members through networking events and thought-provoking panel discussions.

Finance & Capital Markets
Developers of 477-unit West Side Square project in Jersey City ink $169 million financing deal

A development group has landed more than $169 million in financing for a project that will bring 477 new apartments and retail space to Jersey City’s growing West Side neighborhood.