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.

Retail
Purity Water accelerates franchise plan with five new retail leases in New Jersey, JLL says

Purity Water, a growing wellness concept, has added five new storefronts in New Jersey as part of a franchise expansion guided by JLL’s leasing team in the region.

Residential & Mixed Use
Cervelli: Renovated seven-unit Jersey City apartment building trades for $1.65 million

A private investor has sold a seven-unit apartment building with four garage parking spaces in Jersey City for $1.65 million, according to Cervelli Real Estate and Property Management.

Food & Beverage
The Café at Journal Squared debuts new ‘after hours’ food and drink menu

A café at the landmark Journal Squared complex in Jersey City has expanded its menu and its hours, adding to what is already a destination for the surrounding neighborhood.

Industrial
STRO, KRE detail latest acquisition and value-add plan for Elmwood Park industrial portfolio

The STRO Cos. and KRE Group have joined forces for another deal, acquiring a vacant three-building industrial complex in Elmwood Park that they now plan to reposition.

Finance & Capital Markets
SKG scores more than $9 million in agency financing for 52-unit East Orange rental portfolio

SKG Capital has secured new agency loans totaling more than $9 million to refinance two transit-oriented apartment buildings in East Orange.

Retail
RIPCO: 7 Brew continues expansion with five new leases in New Jersey, New York

Drive-thru coffee chain 7 Brew has signed four new leases in New Jersey and another in New York’s Rockland County, adding to its fast-growing footprint across the Northeast.

Office
C&W: Credit union sells Nutley office property, potential redevelopment site, for $2 million

A credit union has sold its former headquarters property in Nutley, a site that includes more than 30,000 square feet of vacant office space and parking for some 90 vehicles.

Retail
Ex-dollar store property in Burlington sells for $2 million, Rose Commercial says

Madd Equities LLC has sold a freestanding 15,000-square-foot retail building in Burlington for nearly $2 million, in a newly announced deal by Rose Commercial Real Estate.

Education
NJIT’s Profeta Real Estate Center launching June 23, seeking to reshape real estate education

The Profeta Real Estate Technology, Design and Innovation Center will officially launch next week at New Jersey Institute of Technology, marking the start of what’s meant to be a pioneering cross-disciplinary program to produce the industry’s most well-rounded graduates.

Finance & Capital Markets
CBRE: Lincoln Financial provides $21 million refi for Hoboken office, retail property

The owner of more than 42,000 square feet of office and retail space in uptown Hoboken has refinanced the property, securing a $21.12 million loan in a deal arranged by CBRE.