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.

Professional Services
CIANJ taps Hanson as board chair

NAI James E. Hanson President William C. Hanson has taken over as board chair of one of northern New Jersey’s top business advocacy networks.

Retail
Aberdeen shopping center owner touts debut of 34,000 sq. ft. LA Fitness

A new LA Fitness has opened its doors in Monmouth County, where it has backfilled a 34,000-square-foot space at the former site of an A&P supermarket.

Policy Page
A mid-pandemic snapshot of the CRE industry

While there has been some gradual improvement in commercial real estate deal activity from earlier this year, nearly half of those taking part in a recent NAIOP survey believe the pandemic will significantly affect their business operations for at least another 12 months.

Finance & Capital Markets
G.S. Wilcox touts $43 million in loans for North Jersey industrial buildings

The owners of three northern New Jersey warehouses have secured a combined $42.5 million in financing, in a series of newly announced transactions by G.S. Wilcox & Co.

Finance & Capital Markets
CBRE: South Orange apartment building refinances for $14 million

The owner of a 66-unit apartment building in South Orange has refinanced for $14 million, brokers with CBRE announced Wednesday.

Industrial
Eatontown industrial building fetches $4.25 million, Gramercy Real Estate says

A Brooklyn-based investor has acquired a nearly 44,000-square-foot industrial building in Monmouth County, in a newly announced transaction by Gramercy Real Estate LLC.

Industrial
Design, construction firm touts start of 50,000 sq. ft. logistics hub in Piscataway

A design and construction firm has broken ground on a new industrial project in Piscataway, the future home of a locally based transportation and logistics company.

Office
Investor sells Morris County office building for $50 million, completing value-add plan

An investment firm has sold a 232,000-square-foot office building in Morris County for $50 million, more than doubling the price it paid to acquire the property in early 2017.

Finance & Capital Markets
Apartment owner refinances for $140 million, extending affordable housing subsidy

The owner of a 688-unit apartment complex in West New York has closed on a $140 million loan that will allow it to operate the property as affordable housing for another four decades.

Residential & Mixed Use
Kokes names new construction manager for New Jersey pipeline

Kokes Properties has hired a construction industry veteran as the latest addition to its in-house development team in New Jersey.