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
Paterson, Passaic rental portfolio trades for $17 million, Gebroe-Hammer says

An investor has paid $17 million for a nine-building, 133-unit apartment portfolio in Paterson and Passaic, in a transaction arranged by Gebroe-Hammer Associates.

Office
C&W inks 20,000 sq. ft. extension at Princeton-area office building

A financial services firm has signed a 20,000-square-foot lease extension at a West Windsor office building, brokers with Cushman & Wakefield announced Monday.

Retail
Five Guys now open at Burlington County retail center, LMC says

Fast-casual burger chain Five Guys has debuted a new location in Burlington County after signing a 2,700-square-foot lease there early last year.

Industrial
JLL: Lincoln Equities sells Long Island logistics center for $75 million

Lincoln Equities Group has sold just under 200,000 square feet of new industrial space on Long Island for $74.5 million, in a deal completed by JLL’s New Jersey brokerage team.

Office
Honeywell sells 465,000 sq. ft. headquarters building in Morris Plains

Honeywell International has offloaded its 465,000-square-foot former headquarters building in Morris Plains, selling the property to a Manhattan-based investment firm.

Professional Services
Wiss announces new partner in real estate group

Wiss has promoted a veteran member of its real estate services group to partner, the Florham Park-based accounting and consulting firm announced.

Industrial
Camden County light industrial portfolio trades for $29 million, CBRE says

An investment firm has sold seven light industrial buildings in Camden County for nearly $30 million, under a newly announced transaction by CBRE.

Office
KABR extends 48,000 sq. ft. lease in Ridgefield Park with Samsung IT division

Samsung has extended another lease at a Ridgefield Park office campus, this time for a 48,000-square-foot space occupied by its software and IT services unit.

Editor’s Note
The best of The Briefing 2020

With a new year upon us, we’re excited to bring you a look back at our top stories of 2020, including our most-read items and a few editor’s picks. You can catch up on our daily “best of” emails here.

Finance & Capital Markets
Kennedy Funding inks $1.5 million loan for buyer of ex-Temple University arts campus

The buyer of a former Temple University complex just outside Philadelphia has secured $1.5 million in financing, in a newly announced transaction by Kennedy Funding.