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.

Residential & Mixed Use
ICON: Family owners sell 25-unit Bayonne apartment building after more than 50 years

The longtime owners of a 25-unit apartment building in Bayonne have sold the property for $4.1 million, in a deal arranged by ICON Real Estate Advisors.

Industrial
Ridgecut Road acquires five-acre IOS site in Union, taps BRC as leasing team

Ridgecut Road has acquired a nearly five-acre industrial outdoor storage property in Union Township that it’s now marketing to prospective tenants.

Office
Home health agency buys 400 sq. ft. Fair Lawn office condo, Sheldon Gross says

A home health care service has acquired a 400-square-foot office condominium in Fair Lawn for $100,000, in a newly announced deal by Sheldon Gross Realty.

Finance & Capital Markets
Kennedy Funding lends $1.5 million to advance 420-unit Alabama multifamily project

Kennedy Funding has closed a $1.5 million land loan to the would-be developer of a 420-unit multifamily project in southwest Alabama, the firm announced last week.

Office
Mars leaving Newark after high-profile arrival in 2020, shifting U.S. headquarters to Chicago

Mars Snacking is closing its Newark office, the site of its U.S. headquarters for the last six years, following a lease that helped the city land one of its best-known corporate tenants in recent memory.

Residential & Mixed Use
JLL: Developer wanted for West Side Jersey City site with full approvals for 547-unit mixed-use rental project

A development site in Jersey City’s West Side neighborhood is on the market for sale, with approvals in place for a project that would include nearly 550 apartments and retail space.

Events
New Jersey Future to honor CBRE’s Medina, five projects at annual Smart Growth Awards

New Jersey Future will highlight five transformative development projects this fall as part of its 24th annual Smart Growth Awards, where it will also recognize one of the state’s longtime and distinguished leaders in commercial real estate and economic development.

Professional Services
Construction industry veteran Bagnoli joins KBD Group as New York, New Jersey leader

Design-build construction firm KBD Group has appointed Craig Bagnoli as regional group leader for its New York and New Jersey operations.

Health Care
C&W: Investor buys 28,000 sq. ft. industrial, lab facility in East Windsor for $4.8 million

A biotechnology firm has sold a vacant industrial and laboratory property in East Windsor for $4.75 million, brokers with Cushman & Wakefield announced Friday.

Finance & Capital Markets
Inspired lands construction loan in Asbury Park, bridge loan for Bell Works Fort Monmouth

Inspired by Somerset Development has closed on two significant loan transactions, securing a combined $246 million in financing for a luxury condominium project in Asbury Park and its acclaimed Bell Works Fort Monmouth campus in Tinton Falls.