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
Developer announces new incentives, mortgage buydown at North Bergen luxury condos

Skyline Development Group has rolled out new financing programs for prospective buyers at Solaia, its upscale condominium tower along the Hudson River in North Bergen.

Retail
Norman’s Hallmark opens new 6,000 sq. ft. store in Somers Point

The nation’s largest independent owner of Gold Crown Hallmark stores has opened its doors to a new location in Atlantic County.

Finance & Capital Markets
National Private Lenders Association unveils first-ever glossary for fast-growing industry

The National Private Lenders Association has released an industry-first glossary aimed at standardizing terms and definitions across the rapidly changing industry.

Retail
JLL inks sale of vacant Sears property, occupied pad sites on Long Island

A developer has purchased the site of a vacant Sears and two fully occupied pad sites on Long Island, in a deal arranged by JLL’s Morristown-based capital markets team.

Government & Public Policy
Hinchliffe Stadium, Westfield downtown among 2023 Smart Growth Award winners

New Jersey Future has unveiled the winners of this year’s Smart Growth Awards, highlighting projects from Paterson to Westfield with a major focus on planning and redevelopment.

Government & Public Policy
Solar Landscape, Sudler mark completion of rooftop community solar project in Piscataway

A new rooftop solar project at a Piscataway warehouse is now complete after being connected to the grid, allowing it to provide discounted energy to nearly 300 households in the area.

Health Care & Education
NAI Hanson inks renewal, new lease at Clara Maass medical office portfolio in Belleville

The owner of three medical office buildings at Belleville’s Clara Maass Medical Center has completed two new leases within the portfolio, brokers with NAI James E. Hanson announced.

Residential & Mixed Use
Cervelli closes sale of 16-unit North Bergen apartment building to 1031 investor

An investor has purchased a 16-unit apartment building in North Bergen for nearly $2.6 million, in a deal arranged by Cervelli Real Estate and Property Management.

Residential & Mixed Use
Marcus: New construction poised to flood North Jersey rental market, but vacancy to remain tight

A surge of new supply is coming to northern New Jersey’s apartment market, with some 12,000 units slated to be delivered this year in a region with one of the country’s lowest vacancy rates.

Office
Japanese pharma firm opens new 80,000 sq. ft. North American headquarters near Princeton

A global pharmaceutical maker has unveiled its new North American headquarters outside Princeton, where it leases nearly 80,000 square feet that will house some 300 employees.