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 Services
Fauer retires as head of ESA Environmental, with Martell taking over as CEO and owner

The founder and longtime owner of ESA Environmental Consultants has stepped down, having handed the reins to his second-in-command at the Middlesex-based firm.

Industrial
Penwood fund buys 276,000 sq. ft. Bordentown industrial building for $60 million

An investment manager has acquired a nearly 280,000-square-foot industrial building in Bordentown for $60 million, in a newly announced transaction by Cushman & Wakefield.

Residential & Mixed Use
Kushner begins tear-down of East Hanover office building, eyeing 265 luxury apartments

Kushner has started its demolition of another aging suburban office building, this time in East Hanover, paving the way for what will be a new 265-unit luxury apartment complex.

Office
Birch Group details plans for newly rebranded, 828,000 sq. ft. Short Hills office portfolio

The Birch Group is providing a first look at its plans to renovate four well-known office buildings in Short Hills after acquiring the nearly 830,000-square-foot portfolio last year.

Retail
Tenant at Plainfield retail building acquires property, NAI DiLeo-Bram says

NAI DiLeo-Bram & Co. has negotiated the sale of a 12,143-square-foot retail property in Plainfield for $1.7 million, the brokerage firm announced.

Office
Larken, childcare center ink 8,000 sq. ft. lease in Skillman

Larken Associates has negotiated a lease with M&A Square Creative Corner for an 8,000-square-foot space formerly occupied by a Montessori school in Montgomery Township.

Sponsored Content
What’s in store for New Jersey’s commercial real estate market in 2022?

Over the course of the pandemic, commercial real estate has experienced notable highs and lows. The current market has rebounded vigorously and now exceeds pre-pandemic levels. To learn what’s in store in 2022, we sat down with Cushman & Wakefield’s powerhouse New Jersey Capital Markets team. Founded by Andy Merin in 1987, the team has been involved in more than $34 billion in property sales throughout its tenure.

Industrial
CenterPoint opens 183,000 sq. ft. Newark warehouse that will serve as Costco facility

CenterPoint Properties has unveiled a new 183,000-square-foot industrial building in Newark, where it has redeveloped a former resin plant in the heart of the city’s port district.

Retail
Joint venture sells 129,000 sq. ft., ShopRite-anchored center in Hackensack, JLL says

JLL has negotiated the sale of Riverfront Plaza, a 129,000-square-foot shopping center anchored by ShopRite in Hackensack.

Office
Saxum sells repositioned office, retail building in Montclair for $18 million, Marcus says

An investor has purchased a newly renovated office and retail building in downtown Montclair for $18 million, brokers with Marcus & Millichap announced Tuesday.