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.

Top News
Buyer wanted for 22,000 sq. ft. fraternal organization HQ in Bordentown, Fennelly says

A fraternal organization is seeking a buyer for its 22,000-square-foot headquarters building in Bordentown, in a newly announced offering by NAI Fennelly.

Office
ASE, spine and joint center ink 5,500 sq. ft. renewal in Hasbrouck Heights

Alfred Sanzari Enterprises has negotiated a lease renewal for 5,466 square feet of medical office space with the Spine and Joint Center at Heights Plaza at 777 Terrace Ave. in Hasbrouck Heights.

Industrial
Developer sells Meadowlands property slated for 357,000 sq. ft. Amazon facility

The developer of what will be a new 357,000-square-foot Amazon facility in Rutherford has sold the property, in a newly announced deal by Cushman & Wakefield.

Industrial
LEG eyes redevelopment after buying Belleville industrial site, Lee & Associates N.J. says

Lincoln Equities Group has purchased the site of a 295,000-square-foot industrial property in Belleville that it now plans to redevelop as a modern logistics facility, according to brokers with Lee & Associates New Jersey.

Finance & Capital Markets
JLL sources $80 million permanent loan for 296-unit Russo project in Garwood

JLL Capital Markets has negotiated $80 million in permanent financing for Vermella at Garwood Station, a new 296-unit, transit-oriented, luxury apartment building in Garwood.

Residential & Mixed Use
Kislak inks sale of 52 units in northern, central New Jersey for combined $6.8 million

Nine apartment buildings in Hudson, Union and Middlesex counties are under new ownership after a series of recent transactions arranged by The Kislak Co. Inc.

Industrial
Duke Realty executive named Northeast region president amid several leadership moves

A longtime executive with Duke Realty Corp. is now its Northeast regional president as part of a series of newly announced leadership changes for the real estate investment trust.

People
Wassel, Flanagan named principals with Saxum

Saxum Real Estate has named two new principals as the company continues to expand its team and its geographic footprint.

Government & Public Policy
EDA now taking applications for new Aspire gap financing program

The state’s Economic Development Authority is now accepting applications for Aspire, its new place-based gap financing program for commercial and residential projects.

Finance & Capital Markets
Kennedy Funding moves to new headquarters in Englewood

Kennedy Funding, the longtime direct private lender, has moved to a new and expanded headquarters in Bergen County as it prepares for additional growth.