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.

Technology
Legacy moment: Inside the landmark deal to bring Nokia Bell Labs to New Brunswick’s HELIX campus

The historic deal to bring Nokia Bell Labs to New Brunswick was nearly a year in the making, beginning in earnest with the company’s visit to a four-acre construction site downtown.

Sponsored Content
Real Estate NJ’s 2024 Market Forecast

After finding its footing in the pandemic, the commercial real estate market was back on its heels by late 2022 thanks to fast-rising interest rates and fears that the worst is still to come. Developers, investors and other industry stakeholders in New Jersey are now bracing themselves for more uncertainty in 2023, as they also prepare to seize the opportunities that often come with economic distress.

Residential & Mixed Use
‘Mildred’s Bridge’ apartments to support prisoner re-entry in Newark — while honoring longtime city council president

A new apartment building for prisoners who are re-entering the community is coming to Newark, one that will honor one of the city’s most revered and trailblazing public servants.

Government & Public Policy
Murphy signs law to revive unused liquor licenses, ease restrictions on craft breweries

Gov. Phil Murphy has signed a bill to update the state’s nearly century-old liquor license laws, seeking to activate nearly 1,400 dormant retail licenses and expand the supply of an asset that many see as critical to economic development.

Finance & Capital Markets
Seagis lands $122 million loan for three-state, 1.1 million sq. ft. industrial portfolio, JLL says

Seagis Property Group LP has snagged $122 million in financing in connection with more than 1 million square feet of industrial space in New Jersey, New York and Florida.

People
Bergman promotes Rand to chief investment officer

Bergman Real Estate Group has promoted Brian Rand to chief investment officer, announcing the move less than a year and a half after his arrival at the Woodbridge-based firm.

Office
C&W: Biopharma firm, automaker among newest tenants at Jersey City office tower

A biopharmaceutical firm has leased more than 36,000 square feet at a Jersey City office tower, in the largest of several newly announced deals by Cushman & Wakefield.

Office
Kremer Eye Center expands to 9,800 sq. ft. inside Cherry Hill office park

A vision care and surgery center has expanded at a Cherry Hill office park, where it now occupies nearly 10,000 square feet under a deal with Diversified Management Plus.

Residential & Mixed Use
Veris, Woodmont sell 59-unit Morristown rental property in deal by Gebroe-Hammer, Berkadia

Veris Residential Inc. and Woodmont Properties have sold a 59-unit luxury apartment building in downtown Morristown, in a deal announced by Gebroe-Hammer Associates and Berkadia.

Events
NAIOP New Jersey to host annual meeting, commercial real estate outlook on Jan. 25

NAIOP New Jersey will welcome hundreds of industry leaders next week for its first event of the year, where experts will highlight economic trends and their impact on commercial real estate.