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

Boniakowski: Electrical supply business buys Princeton commercial buildings for $1.9 million

An electrical supply company has acquired two adjacent buildings in Princeton for a combined $1.9 million, in a set of deals arranged by The Boniakowski Commercial Real Estate Group.

Community

Oates, Frassetto named co-chairs of Hope for Children Research Foundation advisory board

The Hope for Children Research Foundation has tapped an esteemed New Jersey real estate executive and a New York Giants legend to lead its executive board of advisers.

Seeding success: Profeta Center at NJIT marks latest class of minority entrepreneurs, launching 22 businesses

The latest cohort of the Profeta Center for Innovation and Entrepreneurship at New Jersey Institute of Technology has supported the launch of 22 new ventures, with more to come after a spring semester that attracted 81 participants. — Photos by…

Government & Public Policy

Beating the clock: Rooftop solar developers, landlords race to lock in projects as federal tax credit nears sunset

A key federal incentive for solar projects is due to expire in just over a week, a change that will have major cost implications for an asset class that has become a growing source of revenue for commercial real estate landlords in New Jersey.

Education

Embracing the future: NJIT’s Profeta Real Estate Center launches, with a focus on cross-disciplinary education for a changing industry

New Jersey Institute of Technology marked the official launch of the Profeta Real Estate Center, a program that will combine finance, engineering, architecture and environmental skills in one graduate degree to provide training in all aspects of development and management.

Residential & Mixed Use

Harbor Group sells 384-unit Somerset rental property to Los Angeles-based TruAmerica

Harbor Group International has sold a 384-unit luxury apartment community in Franklin Township, in a transaction arranged by CBRE.

Retail

LMC: Blue Star Shopping Center sees 40 percent surge in visits as redevelopment draws new restaurants, entertainment

Patrons are flocking to the new-look Blue Star Shopping Center in Watchung, fueling a surge in foot traffic that’s poised to continue with a growing slate of dining and experiential tenants.

Professional Services

HLW taps Townsend, Vasold as co-studio directors in New Jersey

Global architecture and design firm HLW has appointed Christopher Townsend and Erin Vasold as co-studio directors of its New Jersey office.

Industrial

Terreno inks 92,000 sq. ft. lease in Kearny with undisclosed 3PL firm

Terreno Realty Corp. has filled 92,000 square feet of industrial space in Kearny after securing a lease with a third-party logistics provider, the company announced this week.

Residential & Mixed Use

Bloomfield property with 14 apartments, retail spaces trades for $2.4 million, Kislak says

A local investor has acquired an apartment and retail building in Bloomfield for $2.35 million, brokers with The Kislak Co. Inc. announced Wednesday.