Joshua Burd
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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.

Finance & Capital Markets
Lender for residential investors moves into New Jersey, opens Woodbridge office

A growing residential real estate investment lender has expanded into New Jersey, while announcing the hiring of an executive to lead the new office.

Industrial
Meadowlands warehouse trades for $2.7 million, Equity Real Estate says

An industrial building in the Meadowlands has changed hands for nearly $2.7 million, following a transaction arranged by Equity Real Estate Brokerage.

Health Care & Education
Heart, vascular practice acquires Nutley medical office building

A physician is expanding its practice with the purchase of a 3,050-square-foot medical office building in Nutley, in a newly announced deal by Midtown Commercial Realty.

Residential & Mixed Use
JLL seeking buyer for 351-unit luxury apartment complex in Fort Lee

A seven-building, 351-unit apartment complex in Fort Lee is on the market for sale, with the potential to draw offers in the range of $170 million.

Office
Medical device firm takes 48,000 sq. ft. of life science, office space near Princeton

A medical device maker has leased some 48,000 square feet in Plainsboro, with plans to use the space for research and development, product assembly and its administrative offices.

Professional Services
Dresdner Robin details remediation, infrastructure work in Jersey City redevelopment

Land use consultancy Dresdner Robin has completed the first phase of environmental remediation at the site of what will be a mixed-use, two-tower development in Jersey City.

Industrial
NAI Hanson: Auto parts company takes 28,000 sq. ft. in South Hackensack

An auto parts distributor has leased nearly 28,000 square feet of industrial space in South Hackensack, under a newly announced transaction by NAI James E. Hanson.

Office
Auctioneer relocating from New York, inks lease at Sanzari campus in Teaneck

An auctioneer is moving its headquarters from Manhattan to Teaneck, having leased more than 2,500 square feet at Alfred Sanzari Enterprises’ flagship Glenpointe campus.

Editor’s Note
Space and pace

You may have heard by now about the rush for life sciences space in the wake of last year’s COVID-19 outbreak, which could still continue even after the virus is under control. New Jersey, of course, should stand to benefit with a deep pool of intellectual talent that rose to the occasion in the nation’s fight against the pandemic. That’s the good news, but tapping into that demand remains somewhat complicated.

Office
Mack-Cali sells 946,000 sq. ft. Metropark office portfolio for $254 million

Mack-Cali Realty Corp. has sold four office buildings in the Metropark submarket for $254 million, as it sheds another key piece of its once-sprawling suburban portfolio.