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.

Professional Spotlight
CSG Law announces five promotions on real estate, property tax teams

Chiesa Shahinian & Giantomasi PC has announced five new promotions across its team of real estate, land use and property tax attorneys.

Finance & Capital Markets
Spencer Savings Bank adds RIPCO’s Fasano to board of directors

Spencer Savings Bank has appointed longtime commercial real estate industry executive Michael Fasano to its board of directors.

Office
Sanzari signs 6,400 sq. ft. renewal at Glenpointe with laser eye surgery practice

A laser eye surgery practice has renewed its nearly 6,500-square-foot lease at Alfred Sanzari Enterprises’ Glenpointe office campus in Teaneck, the landlord announced Thursday.

Deals
KenKap: Route 46 office, restaurant properties in Parsippany trade for $4.2 million

A local investor has purchased the site of an office building and an adjacent restaurant property in Parsippany for $4.2 million, in a transaction arranged by KenKap Realty Corp.

Finance & Capital Markets
Developer of 300-unit Livingston rental project lands $127 million debt, equity package

A developer has secured nearly $127 million in debt and equity for a plan to build 300 new apartments off Route 10 in Livingston, in a set of newly announced deals by JLL.

Finance & Capital Markets
Pharma firm seeking buyer for active 249,000 sq. ft. R&D facility in Elizabeth, JLL says

The owner of an active research and development facility in Elizabeth has placed the property on the market for sale, in an offering by JLL’s New Jersey capital markets team.

Finance & Capital Markets
JLL: Developers ink $20 million construction loan for 53-unit Millburn rental project

A development team has landed $20 million in construction financing for a new 53-unit luxury apartment building in downtown Millburn, brokers with JLL announced Wednesday.

Residential & Mixed Use
Apartment owner sells 30-unit Bound Brook property for $4.9 million, Berkadia says

The longtime owner of a 30-unit garden apartment complex in Bound Brook has sold the property for nearly $5 million, in a recent deal by Berkadia’s New Jersey team.

Community
Pillar Care raises nearly $2 million at gala honoring Bridge Industrial’s Milanaik

A nonprofit serving people with disabilities has raised nearly $2 million with the help of Bridge Industrial’s Jeff Milanaik, the veteran developer and longtime supporter of the organization.

Retail
Urban Edge, Ashley Furniture sign 24,000 sq. ft. lease at Union Twp. retail center

Urban Edge Properties has filled a vacant big-box retail space in Union Township, where it has leased more than 24,000 square feet to Ashley Furniture.