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.

Health Care & Education
XBL Realty sells 44,000 sq. ft. life sciences building in Plainsboro, C&W says

Cushman & Wakefield has negotiated the sale of a 44,400-square-foot life sciences building in Plainsboro, the brokerage team announced Thursday.

Residential & Mixed Use
Kislak: Owner of 14-unit New Brunswick apartment building sells after 30 years

The longtime owner of a 14-unit apartment building in New Brunswick has sold the property for $1.8 million in cash, in a deal arranged by The Kislak Co. Inc.

Office
Eastman, court reporting agency sign 20,000 sq. ft. renewal in Livingston, CBRE says

A court reporting agency has renewed its lease of more than 20,000 square feet at a Livingston office building, in the largest of several newly announced deals by CBRE.

Industrial
NAI Hanson inks sale of South Hackensack industrial building to chimney services business

A chimney services company has purchased a 4,400-square-foot industrial building in South Hackensack, according to a broker with NAI James E. Hanson.

Retail
PREIT sells Vineland mall for $45 million in ongoing quest to shrink debt load

PREIT has sold Vineland’s Cumberland Mall and several outparcels for $45 million, shedding another piece of its South Jersey portfolio to help reduce a reported $1.8 billion in debt.

Residential & Mixed Use
Veris Residential rejects Kushner’s $4.3 billion takeover bid

Veris Residential Inc. has officially rejected Kushner Cos.’ $4.3 billion takeover bid for the Jersey City-based real estate investment trust, the company announced Thursday.

Health Care & Education
New Brunswick cancer hospital tops out, as leaders tout social impact of $750 million project

The future home of the state’s first freestanding cancer hospital is taking shape in downtown New Brunswick, where a crowd of business and political leaders gathered Wednesday to tout the progress of the city’s largest and most impactful development project to date.

Finance & Capital Markets
GreenLake Funds $23 million hotel redevelopment loan in Wildwood Crest

The owner of a 108-room hotel in Wildwood Crest has landed nearly $23 million in financing for a sweeping renovation of the oceanfront property.

Retail
LMC: Tattoo studio opens after inking 750 sq. ft. lease in Somerset

A longtime tattoo artist has opened a new studio in Franklin Township, where it’s leasing 750 square feet under a deal arranged by Levin Management Corp.

Residential & Mixed Use
Hovnanian, Coldwell Banker Realty tout debut of Manalapan active adult community

Hovnanian has opened the first phase of a new active adult community in Manalapan, where it’s marketing a mix of single-family dwellings alongside Coldwell Banker Realty New Homes.