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
Parsippany office building trades for $4.9 million, CBRE says

An investor has purchased an 85,000-square-foot office building in Parsippany for $4.9 million, under a deal arranged by CBRE.

Health Care & Education
Fennelly: Buyer wanted for 50,000 sq. ft. R&D, manufacturing complex in Plainsboro

The owner of a pharmaceutical research and manufacturing complex in Plainsboro has put the property on the market for sale, brokerage firm NAI Fennelly said Tuesday.

Professional Services
McManimon adds associate to real estate, redevelopment team

McManimon, Scotland & Baumann has welcomed a new associate to its team of redevelopment and real estate attorneys.

Professional Spotlight
C&W adds veteran multifamily broker as vice chairman in New Jersey

Cushman & Wakefield has made another key addition in New Jersey, hiring a veteran broker who will help bolster its investment sales team in the multifamily sector.

Office
Fast-growing Jersey City tech firm shows need, potential for post-pandemic office space

The look, feel and function of the post-pandemic workplace is still uncertain, but a technology firm’s recent expansion in Jersey City is a reminder of why companies will still need office space going forward.

Finance & Capital Markets
Greystone: MBC inks $30 million construction loan to kick off Jersey City redevelopment

A developer has landed a $30 million construction loan for an 80-unit apartment building in Jersey City, according to a debt placement team with Greystone.

Finance & Capital Markets
JLL: Ironstate refinances Hoboken apartment tower for $36 million

The owner of a 150-unit apartment tower in downtown Hoboken is refinancing the property for nearly $36 million, in a deal arranged by brokers with JLL.

Professional Services
Storied law firm Mandelbaum Salsburg changes name

A well-known law firm with deep ties to New Jersey’s commercial real estate industry has changed its name.

Industrial
Resource Realty completes 150,000 sq. ft. of central New Jersey transactions

A private investor has purchased a 68,000-square-foot industrial space in Eatontown for nearly $7.5 million, in one of several recent transactions by Resource Realty.

Government & Public Policy
NJ Transit awards contract, initial funding to begin Newark Penn Station upgrade

NJ Transit has awarded a key contract that it says will help kick off its long-awaited, $190 million restoration and upgrade of Newark Penn Station.