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
Cervelli: Juice bar takes 1,100 sq. ft. at new Jersey City apartment building

The developer of a new apartment building in Jersey City has lured a juice bar to its ground-floor retail space, in a deal arranged by Cervelli Real Estate & Property Management.

Sponsored Content
The Morris County EDC Presents the 30th Annual Partners in Economic Development Awards

 At the 30th Annual Partners in Economic Development Awards, industry experts from around the state will discuss real estate development in New Jersey and its potential for the next five years. The Morris County Economic Development Corporation is hosting this conference, which will occur on Friday, April 14, 2023, at the Hyatt Regency Morristown. This is a fantastic opportunity for attendees to gain valuable insight into current trends and strategies in real estate development and network with other professionals in the field.

Industrial
Investor buys 553,000 sq. ft. Parsippany industrial building, reportedly for $116 million

Brooklyn-based Madison Properties had added to its New Jersey portfolio with the purchase of more than 550,000 square feet of industrial space in Parsippany.

Finance & Capital Markets
JLL: Hampshire, Invesco land $39 million acquisition loan for Teterboro industrial deal

A joint venture has acquired a nearly 222,000-square-foot industrial building in Teterboro with the help of $39 million in financing secured by JLL, the debt placement team said Tuesday.

Professional Services
Coffey, Gianetti named co-chairs of Day Pitney real estate and environmental group

Day Pitney LLP has tapped two of its New Jersey-based partners as co-chairs of the law firm’s real estate and environmental practice.

Office
Telecom business inks 7,000 sq. ft. office lease in Summit, in deal arranged by NAI Hanson

A telecommunications firm has taken 7,000 square feet of office space just off Route 24 in Summit, according to a broker with NAI James E. Hanson.

Residential & Mixed Use
Paramount, city officials unveil 70-unit rental project in Plainfield’s Netherwood section

Paramount Assets has opened the doors to a collection of more than 70 luxury apartments in Plainfield, its latest project in the burgeoning Union County city.

Retail
Safelite takes 4,800 sq. ft. on Route 37 in Toms River, Blau & Berg says

Windshield repair company Safelite has leased nearly 5,000 square feet of retail space in Toms River, in a newly announced deal by The Blau & Berg Co.

Office
Karafiol, longtime Onyx executive, joins JLL agency team in New Jersey

A key executive with Onyx Equities has returned to brokerage, joining JLL as an executive vice president with the firm’s New Jersey team.

Professional Services
Webster-led team joins Connell Foley real estate practice in Newark

A team led by prominent real estate attorney Elnardo Webster II has moved to Connell Foley LLP, helping to deepen the practice group and the firm’s Newark office.