Joshua Burd

12746 Articles0 Comments

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.

Finance & Capital Markets

Developers ink $180 million construction loan for 1.7 million sq. ft. Pennsville logistics park

A joint venture has secured a $180 million construction loan for what will be a two-building, 1.7 million-square-foot industrial park just off the Delaware Memorial Bridge in Salem County.

Office

C&W: Nashville-based buyer enters New Jersey market, inks $40 million medical office deal

The Silverman Group has shed more than 130,000 square feet of medical office space in New Jersey, selling a portfolio in Essex and Union counties for more than $40 million.

Professional Services

Garibaldi Group broker, cancer survivor, completes first deals after joining firm

The Garibaldi Group’s newest broker has inked his first two deals for the firm, completing office leases in May that allowed two clients to find new space in Morris County.

Residential & Mixed Use

Vango debuts 60 units for second phase of Rutherford rental project

Vango Development has launched leasing at 60 new luxury apartments in downtown Rutherford, in the second piece of a project just two blocks from the borough’s train station.

Office

Historic camera maker opens new 12,000 sq. ft. North American headquarters at Glenpointe

A global camera manufacturer has unveiled its new North American headquarters in Teaneck after leasing space last spring at Alfred Sanzari Enterprises’ flagship Glenpointe campus.

Retail

Coffee, waffle shop opens at Walters-owned building in Toms River

A new coffee and waffles eatery has opened its doors at the Jersey Shore, where it’s leasing space at a property owned by Walters.

Industrial

Bathroom products wholesaler moving from Secaucus, takes 70,000 sq. ft. in Pennsylvania

A distributor of luxury bathroom products is relocating from Secaucus after leasing 70,000 square feet of industrial space in Central Pennsylvania, brokers with CBRE said Monday.

Why I joined Rock Brook — and where we go from here: An interview with Ken Schirripa

Ken Schirripa, who joined Rock Brook earlier this year as an executive director, leads the firm’s low-voltage team in servicing clients with their technology infrastructure needs. He brings more than 25 years of expertise and is the former CEO and…

Government & Public Policy

‘Indistinguishable from rent control:’ Critics expect legal challenge to Newark law penalizing landlords, warn of development slowdown

The state’s commercial real estate industry is pushing back on a new ordinance in Newark that aims to limit rent increases at new, non-rent-controlled apartment buildings, arguing it will stifle development and the creation of affordable housing — while openly doubting its legality.

From the Publisher

You can’t make it up: Newark’s thinly veiled rent control law is reckless (and illegal)

Newark Mayor Ras Baraka must have snuck into our recent seminar — The Newark Redevelopment Update — and heard the buzz about this proposed resolution because it appears he ran out and got it enacted into law immediately. What is so silly about his maneuver is the fact that it is clearly illegal and will be more than likely overturned rather quickly. So why pass such a resolution in the first place?