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
Data center vacancy for tristate region hits all-time low, CBRE report finds

Soaring demand for data center space has pushed vacancy in the region to an all-time low in recent months, thanks in part to the growth of firms tied to artificial intelligence.

Residential & Mixed Use
Plainfield development site slated for 71 rental units trades for $2.6 million

A developer has acquired a site in Plainfield with approvals in place for more than 70 apartments, in a deal arranged by Berkadia’s Morristown office.

Government & Public Policy
NJ Transit: Ground lease with LCOR ‘sets the stage’ for Hoboken Connect groundbreaking

The long-awaited Hoboken Connect project took a key step forward on Tuesday with the approval of a ground lease between NJ Transit and LCOR, the developer for what’s slated to include new apartment and office towers and upgrades to the city’s historic transit terminal.

Professional Services
Dresdner Robin unveils new resiliency planning, geospatial analysis and mapping services

Dresdner Robin is expanding its services to developers and property owners with the addition of resiliency planning and geospatial analysis and mapping.

Residential & Mixed Use
Jersey City’s Bayfront project awarded $1.6 million federal grant

Jersey City has snagged a $1.6 million federal grant for the highly touted Bayfront project, where plans call for hundreds of homes for low- and moderate-income renters as part of a sweeping redevelopment of 100 acres along the Hackensack River.

Industrial
Woodmont, Butters ink three leases at 76,000 sq. ft. warehouse in Palm Beach County

Woodmont Industrial Partners and Butters Construction & Development have leased up nearly 76,000 square feet of new industrial space in Florida’s Palm Beach County.

Industrial
Weiss Realty: Buyer wanted for 30,000 sq. ft. industrial, retail building in Lodi

The owner of more than 30,000 square feet of commercial space in Lodi has appointed Weiss Realty as its broker, seeking a buyer for the 1.76-acre property.

Residential & Mixed Use
Woodmont, Canoe Brook start construction on 199-unit rental project in Randolph

Woodmont Properties and Canoe Brook Development have broken ground on a project that will bring 199 new luxury rental homes to the Morris County township of Randolph.

Professional Services
DMR Architects bolsters education team with four new hires

DMR Architects has made four new hires to support its pipeline of education projects, which now spans more than $300 million in development activity across the state.

Retail
Accounting firm buys 2,900 sq. ft. mixed-use building in Clifton, NAI Hanson says

An accounting firm has purchased a nearly 2,900-square-foot mixed-use building in downtown Clifton, in a newly announced deal by NAI James E. Hanson.