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
Industrial user moving from Queens, takes 20,000 sq. ft. in South Hackensack

NAI James E. Hanson has negotiated a full-building, 19,600-square-foot industrial lease in South Hackensack for Everest Construction Group.

Professional Services
Ware Malcomb makes three promotions in Northeast region

Design firm Ware Malcomb has announced a series of promotions in its Newark office.

Industrial
Sensor company leases 16,000 sq. ft. in Roxbury, Charity Realty says

ASO Safety Solutions, a provider of premium quality sensor systems for automated doors, gates and machines, has signed a long-term lease for 16,200 square feet at 350 North Frontage Road in Roxbury, in a deal negotiated by Charity Realty International.

Sponsored Content
Inflation and the effects on new construction in 2022

As the United States tries to claw its way out of the COVID-19 pandemic, a long-discussed concern in the market has finally started to come to fruition and affect the economy globally. A disrupted supply chain, labor shortages and record government stimulus has begun to drive prices higher leaving nearly all industries uncertain of what the future holds. For the real estate and construction industry, an elevated inflation rate and the setbacks from the pandemic have resulted in what some call a perfect storm that is showing to have a magnified impact on the development costs and timelines of new projects.

Residential & Mixed Use
Developer kicks off 600-unit residential, retail project at former Parsippany office park

A development team has broken ground on a project that will bring 600 apartments and townhomes to the site of what was a sprawling highway office park in Parsippany.

Policy Page
New Jersey has many blessings to count

As we come to the end of another challenging year, it’s a good time to reflect on the many blessings New Jersey can count.

Industrial
CBRE: Central Jersey leads U.S. industrial markets in ‘sticker shock’ for tenants

Industrial tenants in central New Jersey are facing a nearly 64 percent rent hike from leases they signed five years ago, CBRE found, marking the highest such figure of any region in the U.S.

Residential & Mixed Use
Larken touts lease-up, first move-ins at 191-unit rental project in Hillsborough

Larken Associates is marking the lease-up of its new 191-unit luxury apartment property in Hillsborough, in a milestone that comes just as it welcomes its first residents.

Retail
New pizzeria, Italian eatery leases 2,300 sq. ft. at Chatham retail plaza, LMC says

A new locally owned Italian restaurant and pizzeria is coming to a busy retail center in Chatham, under a transaction arranged by Levin Management Corp.

Residential & Mixed Use
Developer eyes debut of 378-unit high-rise in downtown Hackensack

A developer is set to open a new 378-unit apartment building in downtown Hackensack, marking the latest piece of the city’s fast-growing luxury housing stock.