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.

Office
New Jersey properties included in $97 million ground lease sale

An investment group has acquired a collection of ground-leases in New Jersey as part of a four-state, $97 million transaction with Brandywine Realty Trust.

Retail
Optical chain opens 3,000 sq. ft. store at Raritan retail center, LMC says

A Somerset County shopping center has reached full occupancy with the debut of a 3,000-square-foot store by a national optical retailer.

Retail
Marcus inks $1.43 million sale of Mount Olive bank property

An investor has acquired a 3,250-square foot retail property in Mount Olive, in a newly completed transaction by Marcus & Millichap.

Finance & Capital Markets
Investor lands long-term financing, repays $8.75 million loan from Procida

A borrower has repaid an $8.75 million loan to Procida Funding after securing long-term financing for an eight-building, mixed-use portfolio in Sleepy Hollow, New York.

Residential & Mixed Use
BNE, local officials break ground on first phase of major redevelopment in South Amboy

BNE Real Estate has broken ground on a 291-unit residential building in South Amboy, the first piece of a sweeping waterfront redevelopment that will yield nearly 2,000 new apartments.

Residential & Mixed Use
KABR, Gebroe-Hammer tout $24 million sale of Jersey City rental building

The KABR Group has sold a newly built, 58-unit apartment property in Jersey City’s McGinley Square neighborhood, in a transaction arranged by Gebroe-Hammer Associates.

Government & Public Policy
Newark approvals include tax abatement for second ‘Shaq Tower’

A proposed 370-unit apartment tower in Newark has secured a 30-year tax abatement, as city officials move to advance a series of planned developments despite the pandemic.

Office
WCRE inks sale of 5,700 sq. ft. Hamilton office building

A nearly 6,000-square-foot office building in Hamilton is under new ownership, following a transaction arranged by Wolf Commercial Real Estate.

Office
Orthopedist signs 2,500 sq. ft. lease in Cherry Hill, Vantage RES says

A medical office building in Cherry Hill has added a new tenant, securing a long-term lease with a Philadelphia-based orthopedic practice.

Industrial
CBRE: Developer lures e-commerce giant to Jersey City logistics project, its first in N.J.

A developer has landed a major tenant at its first New Jersey industrial project, inking a full-building lease in Jersey City with what it described as a global e-commerce company.