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.

Retail
Home goods store leasing 13,000 sq. ft. to backfill ex-Rite Aid in Union City

Lee & Associates NYC has represented Everyday Savings, a home goods department store, in a 12,976-square-foot sublease in Union City.

Residential & Mixed Use
Marcus inks 14-unit multifamily sale in Montclair

A private investor has purchased 14 apartments in Montclair for nearly $1.8 million, in a newly announced transaction by Marcus & Millichap.

Industrial
BRC: Linden industrial building trades for $1.6 million

Bussel Realty Corp. has brokered the sale of a 13,000-square-foot industrial property in Linden.

Finance & Capital Markets
Developer lands $96 million loan from SCALE, eyeing another 811 units in Journal Square

A developer has landed nearly $100 million in financing to both break ground on 235 apartments and acquire a nearby site that is approved for another 576 units, with both parcels located in Jersey City’s historic and re-emerging Journal Square neighborhood.

Finance & Capital Markets
C&W: Developers ink $107 million loan for new 333,000 sq. ft. logistics center in Bayonne

A joint venture has secured more than $107 million in financing for the next piece of a new 153-acre industrial campus in Bayonne, in a deal arranged by Cushman & Wakefield.

Industrial
Kokes breaks ground on 45,000 sq. ft. self-storage project in Ocean County

Kokes Properties is on track to expand its self-storage portfolio after breaking ground on a new 45,000-square-foot facility in the Ocean County township of Manchester.

Residential & Mixed Use
Accurate Builders launches leasing at final phase of new Raritan Borough apartments

The final piece of a new 276-unit luxury apartment complex in Somerset County has hit the market, helping to revive an underused site alongside NJ Transit’s Raritan Valley line.

Professional Services
Zoltek adds director of real estate, sales associate to brokerage team

Zoltek Commercial Real Estate Services has announced two recent additions to its Fair Lawn-based team of brokers.

Industrial
I.CON panel: For spec builders in top logistics markets, it pays to wait to sign a lease

In today’s booming industrial market — with rents rising by the month and supply at unprecedented lows — developers are now grappling with a seemingly unprecedented question: How soon is too soon to sign a lease at a building that’s still under construction? According to some leading owners, it pays to wait.

Office
American Equity Partners inks sale of 199,000 sq. ft. Bridgewater office building, CBRE says

CBRE advised American Equity Partners on the sale of a 199,310-square-foot, 82 percent occupied office building in Bridgewater.