Joshua Burd
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Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for eight 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.

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Redevelopment trends: New York tristate’s redevelopment in turmoil

Redevelopment activity in the New York Tristate Region is searching for direction. Post-pandemic, there is pressure to redefine business, retail and residential redevelopment programs. The revised target forces everyone to take a longer look and a broader view of the various impacts this redefinition may bring.

Retail
Goldstein Group: Four tenants ink leases on Hudson County’s Bergenline Avenue

Four tenants have leased a combined 12,000 square feet along a well-known retail corridor in Hudson County, in a series of deals arranged by The Goldstein Group.

Retail
Dentist takes 2,700 sq. ft. at new Eastampton apartments, Vantage Commercial says

A dental practice has leased nearly 2,700 square feet at a newly developed apartment property in Burlington County, in a newly announced transaction by Vantage Commercial.

Residential & Mixed Use
Developer eyes fall groundbreaking for boutique apartment building in Elizabeth

A developer is planning a fall groundbreaking in Elizabeth after receiving key local approvals for a proposed 17-unit apartment building in the city’s Elmora Hills neighborhood.

Hospitality & Tourism
Showboat owner Blatstein breaks ground on massive indoor waterpark in Atlantic City

A sprawling year-round waterpark with a retractable glass-pane roof is coming to Atlantic City as part of a project that’s now underway at the resort town’s Showboat hotel.

Finance & Capital Markets
JLL places $16.1 million loan for four-building, 390,000 sq. ft. Raritan Center portfolio

Summit Associates Inc. has refinanced a nearly 390,000-square-foot industrial portfolio in Edison for $16.1 million, brokers with JLL announced Thursday.

Finance & Capital Markets
CMC: Parsippany apartment complex owner lands $12.7 million refi

An apartment owner has refinanced an eight-building, 222-unit complex in Parsippany for $12.7 million, in a newly announced transaction by Commercial Mortgage Capital.

Finance & Capital Markets
G.S. Wilcox sources $6.3 million bridge loan for mixed-use Rutherford property

Prism Capital Partners has obtained nearly $6.3 million in financing for its purchase of a 53,000-square-foot mixed-use building and parking garage in Rutherford.

Industrial
Somerset hockey rink sold, slated to become warehouse space

The operator of a hockey rink in Franklin Township has sold the property to a buyer that is now slated to use it as warehouse space, according to brokers with Cushman & Wakefield.

Office
LeFrak, CBRE ink 33,000 sq. ft. in office leases at Newport in Jersey City

Nine tenants have combined to lease nearly 33,000 square feet of office space in Jersey City’s Newport section, in a series of newly announced deals by CBRE.