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.

Industrial
CBRE: Logistics firm takes 607,000 sq. ft. at new Bridge industrial park in Warren County

A logistics firm has committed to more than 600,000 square feet of industrial space in Phillipsburg, marking the latest tenant at a sprawling new campus along Interstate 78.

Policy Page
CRE sentiment rises, but weighed down by construction cost challenges

Improving economic conditions have led to an improvement in the NAIOP CRE Sentiment Index, indicating both overall optimism and several ongoing concerns. However, respondents are now more pessimistic about construction costs than in any prior survey, and most expect construction labor costs to increase.

Professional Services
DMR celebrates 30th anniversary with launch of charitable foundation

DMR Architects has launched a new foundation to help mark its 30th anniversary, paving the way for community service such as collecting food and lunch items for local students.

Office
Colliers named leasing agent at Woodcliff Lake office building

A landlord has tapped Colliers International as its leasing agent at a 118,000-square-foot office complex in Woodcliff Lake.

Residential & Mixed Use
Loft-style apartments in Newton trade for $22.6 million, Kislak says

An investor has purchased a 101-unit, loft-style apartment building in Newton for nearly $23 million, in a newly announced transaction by The Kislak Co. Inc.

Residential & Mixed Use
Ironstate, Pegasus continue momentum at latest Harrison apartment building

A joint venture has leased more than three-quarters of a new 310-unit luxury apartment development in Harrison, signaling continued interest in the town’s revitalized riverfront.

Top News
Jumani named Tulfra CEO in expanded leadership role with development firm

Tulfra Real Estate President Sonny Jumani is assuming the title of CEO, expanding his leadership role with the Rochelle Park-based development firm.

Industrial
Dermody acquires, eyes upgrades at 72,000 sq. ft. warehouse in Moonachie

Dermody Properties has expanded its northern New Jersey industrial holdings with the acquisition of a roughly 72,000-square-foot building in Moonachie.

Finance & Capital Markets
Investor secures $7 million acquisition loan for Edison light industrial, R&D building

The buyer of a light industrial and research facility in Edison has landed more than $7 million in financing for its acquisition, according to a debt placement team with JLL.

Industrial
NAI Hanson inks renewal, new lease at 71,000 sq. ft. warehouse in Parsippany

An industrial building in Parsippany is now fully leased after a pair of newly completed transactions by NAI James E. Hanson, the real estate services firm announced.