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.

Office
NAI Hanson: Law firm sells 3,000 sq. ft. office space in Chester, signs new lease nearby

A law firm has found a new home in Morris County after leasing 3,000 square feet near its previous location on Route 24, in a deal arranged by NAI James E. Hanson.

Retail
Prism inks lease with Woodbridge salon, its third retail user at new 232-unit apartment building

Prism Capital Partners has signed another retail lease at its new downtown apartment building in Woodbridge, attracting a family-owned salon with deep ties to the central business district.

Industrial
STRO teams with KRE, Fidelco to buy 77,000 sq. ft. Newark industrial complex

Three of the state’s well-known commercial real estate firms have acquired a multi-building, 77,000-square-foot industrial complex just west of Newark Liberty International Airport.

Residential & Mixed Use
Veris Residential eyes debut of new 750-unit, ecofriendly apartment tower in Jersey City

Veris Residential Inc. has unveiled a new 56-story, 750-unit apartment tower in Jersey City with what it says is a focus on water efficiency, green energy and other sustainability features.

Professional Services
Deugen welcomes new team members in construction, development roles

Deugen Development has announced four new hires to bolster its development and construction teams.

Professional Services
Day Pitney adds Terhune as partner, vice chair of environmental team

Day Pitney LLP has added a well-known attorney as a partner in its New Jersey office and vice chair of its environmental group.

Office
Lee & Associates N.J. named leasing agent for 122,000 sq. ft. Morristown office complex

The Silverman Group has tapped Lee & Associates New Jersey to market space at a two-building, 122,000-square-foot office complex in Morristown.

Editor’s Note
In real time

I try to walk a fine line when reporting on legislation and public policy proposals that may or may not come to fruition. Among them is the push to legalize recreational marijuana in New Jersey, which always seemed somewhat imminent under Gov. Phil Murphy, but still took several years and a voter referendum to become reality.

Industrial
Petrucci, PGIM sell 511,000 sq. ft. Phillipsburg warehouse for $110 million

A joint venture has sold a newly built, 511,200-square-foot industrial building in Phillipsburg for $110 million, allowing a Boston-based firm to expand its footprint in the state.

Professional Spotlight
Day Pitney LLP

Day Pitney’s real estate group represents a wide variety of real estate clients, given its breadth and experience in real estate. Those clients include local and national developers, private and public institutional real estate investors, Fortune 500 companies on their corporate real estate, national commercial chains and market, inclusionary and affordable apartment developers. This wide array of clients is not only due to Day Pitney’s breadth of real estate expertise, but also because Day Pitney’s attorneys are thought leaders in real estate, given their involvement in trade associations and leadership in State and local bar associations.