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.

People
Senlac Ridge Partners names new principal for development and construction

Senlac Ridge Partners has added a longtime development executive as its newest principal, as the firm looks to ramp up its pipeline of ground-up projects in the region.

Government & Public Policy
State details plan, application period for $353 million in COVID-19 rental assistance

State officials are rolling out another $353 million in rental assistance, in a move that should help both residents and apartment landlords who face mounting revenue shortfalls.

Professional Services
Kwartler named principal at Avison Young

Avison Young has named a new principal in New Jersey, recognizing one of its day-to-day leaders who has also played a key role in the company’s growth in the state.

Industrial
BRC inks 49,000 sq. ft. sublease in Piscataway

A food company has found a subtenant for nearly 50,000 square feet of industrial space in Piscataway, under a newly announced transaction by Bussel Realty Corp.

Industrial
Sponge maker moving from Pennsylvania, acquires 116,000 sq. ft. building in Pennsauken

A sponge maker of ‘Shark Tank’ fame is moving its business from Pennsylvania after buying a newly upgraded industrial building in South Jersey, in a deal arranged by NAI Mertz.

Health Care & Education
Developers add retina specialists to sprawling mixed-use project in Gloucester County

A joint venture has secured a new retail tenant at a large mixed-use development in Gloucester County, inking a 5,400-square-foot lease with a regional retina specialist.

People
Denholtz adds paralegal amid ongoing plan to streamline leasing team

Denholtz Properties has added a paralegal to its team in an effort to further enhance and streamline its in-house leasing operations, the Red Bank-based firm announced Tuesday.

Professional Spotlight
USI Insurance Services

USI invests in people, processes and technology to bring the most innovative risk management solutions to our clients. What truly distinguishes USI as a premier insurance brokerage firm is the USI ONE Advantage®, a platform that integrates proprietary business analytics with a network of local and national technical experts in a team-based planning process to identify targeted solutions with financial impact. Our real estate professionals have decades of experience providing property owners, managers and developers with comprehensive, cost-effective risk management and asset-protection solutions. USI’s robust analytics, deep industry expertise, broad insurance company relationships, aggressive claims advocacy and hands-on service deliver superior results.

Features
Daughters of longtime North Jersey developer set to unveil family’s latest project

A well-known family development firm is nearing completion of a 214-unit apartment complex in North Bergen, in what will be its first project with a second generation at the helm.

Residential & Mixed Use
Developers launch leasing at 145-unit rental building in Jersey City

A joint venture has opened the doors to a new 145-unit apartment building on the west side of Jersey City, touting a design focused on local artists and cultural offerings.