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
Hair-braiding salon inks lease at Somerset shopping center, Zoltek says

A high-end hair braiding salon has leased space at a nearly 38,000-square-foot shopping center in Somerset County, according to a team with Zoltek Commercial Real Estate Services.

Residential & Mixed Use
Kislak: 100-unit Bridgewater rental complex on the market for sale, listed at $38 million

The owner of a 100-unit townhome complex in Bridgewater is seeking a buyer for the property, in a newly announced offering by The Kislak Co. Inc.

Health Care & Education
Developer unveils Meyer-designed assisted living, memory care facility in Marlton

A developer has opened the doors to a new 87-unit assisted living and memory care facility in the Marlton section of Evesham Township, according to architects with Meyer.

Office
Silverman Group sells two-building, 122,000 sq. ft. Morristown office park for $22 million

The Silverman Group has sold more than 122,000 square feet of office space in Morristown for $21.5 million, in a newly announced deal by Cushman & Wakefield.

Residential & Mixed Use
Kislak inks sale of 52-unit Long Branch apartment complex for $10 million

The longtime owner of a 52-unit apartment complex in Long Branch has sold the property for nearly $10 million, according to a broker with The Kislak Co. Inc.

Government & Public Policy
EDA unveils grant program for development, art projects in transit-served urban areas

The state Economic Development Authority has launched a grant program aimed at sparking new development and art projects in cities that are served by mass transit but saw a drop in commuter foot traffic during the COVID-19 pandemic.

Retail
Vantage Commercial: Floral studio takes final space at Cherry Hill shopping center

A flower shop has signed a lease to bring a Cherry Hill shopping center to full occupancy, brokers with Vantage Commercial announced Thursday.

Finance & Capital Markets
Investor snags $10 million acquisition loan for 125,000 sq. ft. flex, office building in Whippany

The buyer of more than 125,000 square feet of flex warehouse and office space in Hanover has secured $10 million in financing for the deal, according to a team with Progress Capital.

Top News
Site of Newark’s famed Iberia restaurant sold, slated for 2,500-unit mixed-use redevelopment

A development group has acquired the site of Newark’s famed Iberia Tavern & Restaurant and several surrounding lots, where it now hopes to build more than 2,000 residential units and a bustling restaurant row in the heart of the city’s Ironbound district.

Residential & Mixed Use
Pennrose debuts new affordable housing in Glassboro for seniors, residents with disabilities

Pennrose has unveiled 64 new apartments in Glassboro for seniors and individuals with disabilities, following its $20 million redevelopment of a former public housing complex.