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.

Professional Services
Ware Malcomb promotes interior design manager in Princeton office

Ware Malcomb has announced a promotion within its Princeton-based interior architecture and design team.

Office
Vantage Commercial inks new 3,000 sq. ft. office lease in Burlington County

A professional services firm has leased 3,000 square feet at a Burlington County office building, under a newly announced transaction by Vantage Commercial.

Sponsored Content
Like-Kind Exchange: What Real Property Can Do For You

The IRS recently released long awaited guidance on Sec. 1031 (like-kind exchanges) and defines what property qualifies for the deferred tax treatment. With the enactment of Tax Cuts and Jobs Act (TCJA), rules provide that no gain or loss is recognized on the sale or exchange of “real property” held in a trade or business or for investment. Prior to the TCJA, “personal property” (like automobiles, machinery or equipment) applied for the deferral. This change means a real estate investor recognizes gain to the extent of money and personal property ineligible for the tax deferral.

Roundtable
How has the commercial real estate lending landscape changed from earlier in the pandemic?

How has the commercial real estate lending landscape changed from earlier in the pandemic? We assembled a panel of industry experts to tackle this month’s question.

Residential & Mixed Use
Partnership sells 104-unit multifamily development site in Plainfield, CBRE says

CBRE has brokered the sale of a fully approved development site in Plainfield, where plans call for 104 apartments within walking distance of NJ Transit rail service.

Industrial
NAI Mertz: Moving company takes 54,000 sq. ft. at Moorestown industrial building

A moving company is taking more than 54,000 square feet of industrial space in Moorestown, under a newly announced transaction by NAI Mertz.

Residential & Mixed Use
Kislak inks sale of Paterson apartment buildings for $4.4 million

A development and investment firm has sold a four-building, 34-unit apartment portfolio in Paterson for nearly $4.4 million, in a newly announced deal by The Kislak Co. Inc.

Office
C&W marketing 105,000 sq. ft. office, research building in Hunterdon for sale or lease

The owner of a former Ingersoll Rand office and research facility in Hunterdon County is seeking a buyer or a tenant for the property, according to Cushman & Wakefield.

Finance & Capital Markets
Cronheim: Furniture seller inks $50 million loan, buys 635,000 sq. ft. Hightstown facility

The occupier of a newly built, 635,000-square-foot distribution center in Hightstown has acquired the property with the help of a $50 million loan.

Residential & Mixed Use
Buyer wanted for 100-unit luxury rental building in Edgewater, JLL says

The owner of a 100-unit luxury apartment building in Edgewater is seeking a buyer for the property, under a newly announced offering by JLL’s New Jersey capital markets team.