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.

Industrial
JLL: Investor adds 101,000 sq. ft. Piscataway warehouse in $26.5 million sale-leaseback

A private investor has purchased more than 100,000 square feet of industrial space in Piscataway, in a sale-leaseback valued at $26.5 million.

Government & Public Policy
EDA unveils $25 million program to help rescue vacant, underused commercial sites

The state Economic Development Authority has launched a funding program to help reposition properties such as vacant or underused office parks, malls or health care facilities, in another move aimed at rescuing many of New Jersey’s so-called stranded assets.

Residential & Mixed Use
KRE Group debuts sweeping in-person fitness program at Jersey City, Bayonne rental buildings

Kushner Real Estate Group has launched a new fitness program for thousands of residents across its eight luxury apartment properties in Jersey City and Bayonne, working with a locally based group of certified trainers to offer dozens of monthly in-person classes.

Industrial
CBRE: Faropoint buys 119,000 sq. ft. light industrial building in Swedesboro for $13 million

Faropoint has acquired a 119,000-square-foot light industrial building in Gloucester County for more than $13 million, brokers with CBRE announced Wednesday.

Industrial
BLP acquires 202,000 sq. ft. Meadowlands warehouse, in Leo Josephs-brokered deal

Bridge Logistics Properties has added to its New Jersey portfolio with its purchase of a 202,000-square-foot warehouse in Bergen County, in a deal arranged by Leo Josephs & Co. Inc.

Industrial
Gold’s Gym operator inks 43,000 sq. ft. renewal in Teterboro, NAI Hanson says

The operator of a Gold’s Gym has renewed its nearly 43,000-square-foot lease at a Teterboro flex property, according to brokers with NAI James E. Hanson.

Retail
Kushner adds seafood restaurant, sunglasses shop to Pier Village retail lineup

Two retail tenants will open their first New Jersey locations after signing leases at Kushner’s mixed-use Pier Village property in Long Branch.

Top News
Virtua seeking buyer for 110-acre development site in Burlington County, WCRE says

Virtua Health is seeking a buyer for a 110-acre parcel in the Burlington County township of Westampton, in a newly announced offering by Wolf Commercial Real Estate.

Professional Services
Tokarski Millemann to spearhead redesign of popular Italian restaurant in Belmar

The owners of a popular Jersey Shore restaurant have tapped Tokarski Millemann Architects to spearhead a redesign and expansion of the space.

Office
Marcus inks $13 million sale of 28,000 sq. ft. office, retail property in downtown Red Bank

An investment group has sold a mixed-use building in downtown Red Bank for $12.75 million, or more than $450 per square foot, in a deal arranged by Marcus & Millichap.