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
Faropoint adds 151,000 sq. ft. Branchburg industrial building for $24 million, C&W says

Investment firm Faropoint has purchased a 151,000-square-foot industrial building in Branchburg for nearly $24 million, in a deal arranged by Cushman & Wakefield.

Finance & Capital Markets
STRO lands $13.5 million loan to refi 78,000 sq. ft. Fairfield industrial building

The STRO Cos. has refinanced a 78,000-square-foot industrial building in Fairfield with a $13.5 million loan from City National Bank, the Ridgewood-based firm said Monday.

Finance & Capital Markets
JLL sources $250 million credit facility on behalf of Hampshire retail, self-storage REIT

Affiliates of The Hampshire Cos. have secured a $250 million credit facility for a real estate investment trust focused on retail and self-storage properties, brokers with JLL announced.

Professional Services
H2M acquires Butler-based Crew Engineers to strengthen water, environmental practice

H2M architects + engineers has completed its acquisition of Crew Engineers Inc., a Butler-based firm focused on water, wastewater, environmental and civil engineering design work.

Deals
Weichert, Weiss complete sale of 3,600 sq. ft. Fort Lee synagogue building

The Fort Lee Jewish Community Center has completed the sale of a synagogue property in the borough, according to brokers with Weichert Realty and Weiss Realty.

Events
History, legacy in focus as Hanson family marks 100 years in commercial reaI estate

A century of New Jersey commercial real estate history took center stage last month, as three generations of the Hanson family gathered to mark its 100th anniversary in the industry.

Industrial
Developers, adapting to changing market, near completion of massive Linden industrial park

A sprawling industrial park in Linden is nearing completion after four years of construction, a span in which warehouse demand soared to historic highs before a recent pullback, as its developers mull plans to tap into the growing market for outdoor trailer storage.

Industrial
Shearer, NAIOP New Jersey ready for more proactive approach to anti-warehouse sentiment

Rockefeller Group’s Mark Shearer has kicked off a two-year term as NAIOP New Jersey’s chapter president, with plans to expand outreach to highlight the value of warehouse projects amid increasingly fierce resistance to development in the state.

Professional Services
JLL investment sales broker Avanzato promoted to managing director

JLL has promoted Jordan Avanzato to managing director with its Morristown-based investment sales team in the region.

Residential & Mixed Use
Cervelli: Three-building, 36-unit rental property in Jersey City trades for $4.9 million

A longtime owner has sold a three-building, 36-unit apartment property in Jersey City for $4.9 million, in a newly announced deal by Cervelli Real Estate.