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
Nonprofit serving the blind, visually impaired takes 10,000 sq. ft. at Pennsauken warehouse

A nonprofit is shifting its warehouse operations after leasing nearly 10,000 square feet of industrial space in Pennsauken, brokers with Vantage Commercial announced.

Residential & Mixed Use
Metropolitan America sells 160 apartments in Trenton for $21 million, CBRE says

An apartment owner has sold a combined 160 units in Trenton for a total of $20.5 million, in a set of newly announced transactions by CBRE.

Residential & Mixed Use
Reynolds sells new 63-unit Bound Brook apartment building for $22 million

Reynolds Asset Management has sold a newly completed, 63-unit apartment building in Bound Brook for $22 million, in a deal arranged by The Kislak Co. Inc.

Finance & Capital Markets
JLL: Developers land $58 million permanent loan for new 220-unit Englewood property

A joint venture has snagged nearly $58 million in permanent financing for a newly built, 220-unit apartment property in downtown Englewood, brokers with JLL announced.

Industrial
SJP breaks ground on first piece of 6.5 million sq. ft. logistics park in Savannah

SJP Properties has made a major move into the Southeast industrial market, breaking ground on the first piece of a 12-building, 6.5 million-square-foot logistics park in Savannah, Georgia.

Residential & Mixed Use
Investor buys 46-unit Cranford apartment complex for $14.7 million, Hudson Atlantic says

Hudson Atlantic Realty has brokered the trade of a 46-unit garden apartment complex in Cranford, achieving a price of more than $318,000 per unit for the 1940s property.

Residential & Mixed Use
Gebroe-Hammer inks $5.4 million sale of 33-unit Passaic apartment building

A private investor has acquired a 33-unit apartment building in Passaic for $5.35 million, in a newly announced transaction by Gebroe-Hammer Associates.

Finance & Capital Markets
Newark, Irvington apartment owner refis for $39 million, Greystone says

The owner of a 287-unit apartment portfolio in Essex County has refinanced for more than $39 million, Greystone said, securing the debt under Freddie Mac’s Small Balance Loans program.

Professional Spotlight
March Associates

When selecting March as your Construction Manager, you are getting a true partner. President Lou March is involved in each real estate development project. We work closely with our clients and team to ensure we deliver the highest-quality product. Good communication and detailed planning are critical to our success.

Professional Spotlight
Deugen Development

Deugen is a family-owned business and our clients ALWAYS have access to Ownership. Frank and Eric Gormeley are extremely hands-on with each and every project that the firm takes on and it is this level of personal experience we promise to our partners and clients. Our pledge is to establish lasting relationships with our customers by exceeding their expectations and maintaining their trust through exceptional customer service, integrity and dedication from every member of the construction team.