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.

Residential & Mixed Use
Kislak touts banner year with 242 transactions, $1 billion in deal volume

The Kislak Co. Inc. and Kislak Commercial Real Estate Services Inc. are reporting record investment sales and leasing activity in 2021, closing 242 transactions in six states.

Retail
Investor buys 10,000 sq. ft. daycare center building in Montgomery, NAI Hanson says

A local investor has purchased the site of a 10,000-square-foot daycare center building in Somerset County, according to a brokerage team with NAI James E. Hanson.

Residential & Mixed Use
Developers tout 50 percent leased milestone at new 150-unit rental property in Old Bridge

A new 150-unit luxury apartment complex in Old Bridge is now more than 50 percent leased after hitting the market last fall.

Finance & Capital Markets
Developer nabs $95 million construction loan for 300-unit rental project in Jersey City

A developer is set to break ground on 300 luxury apartments in Jersey City after securing a $95 million construction loan for the project, in a transaction arranged by The Carlton Group.

Industrial
CBRE: Rents for top New Jersey industrial buildings rise 55 percent in 2021

The cost to lease industrial space in New Jersey skyrocketed in 2021, with average asking rents for high-end buildings jumping by more than 50 percent from the previous year.

Residential & Mixed Use
NRP, Hoboken Brownstone open 131 luxury apartments in Jersey City

A joint venture has completed a new 131-unit luxury apartment building in Jersey City, marking the latest addition to a growing residential neighborhood near the Holland Tunnel.

Government & Public Policy
Murphy, lawmakers expand tax credits for digital media projects

A new law is set to expand New Jersey’s popular film and digital media tax credit program, further bolstering an industry that has attracted some commercial real estate owners.

Retail
Three new dining, retail tenants sign leases at Kushner’s Pier Village

Kushner has announced leases with three new dining and retail tenants at Pier Village, the acclaimed mixed-use, oceanfront destination in Long Branch.

Retail
Marcus inks $3.9 million sale of Freehold retail property

A private investor has sold a nearly 20,000-square-foot retail property in Freehold, in a newly announced transaction by Marcus & Millichap.

Industrial
Realterm buys 35,000 sq. ft. truck terminal in South Plainfield

An investment manager has purchased a nearly 35,000-square-foot truck terminal in Middlesex County, marking the latest addition to its industrial portfolio in the region.