Joshua Burd
10755 Articles0 Comments

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.

Roundtable
Which state or federal policy issues could be most impactful to commercial real estate in 2022?

We assembled a panel of industry experts to tackle this month’s question. Here’s what they had to say: Bob Atkins, principal, Atkins Cos. (West Orange) The possible elimination or limiting of the 1031 tax exchange program could have profound impacts…

Industrial
Piscataway industrial park trades for $10.5 million, NAI DiLeo-Bram says

A trailer leasing company has acquired a Piscataway industrial park for $10.5 million, in a newly completed transaction by NAI DiLeo-Bram & Co.

Professional Services
Three architects named principals at Wayne-based Di Cara | Rubino

Di Cara | Rubino Architects has named three new principals after a series of promotions at the Wayne-based firm.

Health Care & Education
CHA unveils new hospitality-infused, 100,000 sq. ft. senior living facility in East Hanover

A developer has unveiled a new 123-unit senior living facility in East Hanover, the first piece of what is slated to be a new hospitality-focused brand in health care and real estate.

Sponsored Content
The value of a pre-construction and development manager

Construction and development has time and time again proven to be an unpredictable environment. That is especially evident in today’s climate amidst the rollercoaster of material and labor costs, shifting demand of assets and challenges navigating political landscapes. For any novice or even seasoned property owner, this provides an extra layer of challenges when it comes to development. A proactive solution for owners to mitigate risk and explore additional value is to secure a strong Construction Manager.

Office
Fidelco set to revive Newark office tower, in firm’s latest project in downtown neighborhood

Fidelco Realty Group is revitalizing a well-known office tower in downtown Newark at a cost of more than $30 million, with plans that include a sweeping physical upgrade, the addition of a new bar and restaurant and the creation of flexible workspace to serve technology startups. — All renderings courtesy: Fidelco/Perkins Eastman

Industrial
Terreno adds Kearny industrial parcel for $26.3 million, NAI Hanson says

Terreno Realty Corp. has acquired a 5.4-acre industrial property in Kearny for more than $26 million, in a transaction arranged by NAI James E. Hanson.

Office
Chilmark: Engineering firm leases 29,000 sq. ft. in Parsippany

An engineering firm has taken nearly 29,000 square feet of office space in Parsippany, in a newly announced deal by Chilmark Real Estate Services.

Industrial
Rockaway commercial building trades for $3.9 million, Charity Realty says

A commercial building in Morris County has changed hands for the first time in 30 years, according to a brokerage team with Charity Realty International.

Residential & Mixed Use
Denholtz breaks ground on riverfront condos at long-vacant Red Bank site

Denholtz Properties has broken ground on a new luxury condominium complex in Red Bank, in a development that will transform a long-dormant parcel along the Navesink River.