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
Saxum promotes Caputo, construction industry veteran, to project executive

Saxum Real Estate has promoted Frank Caputo to project executive within the Summit-based firm’s development and construction team.

Industrial
Seagis leases 33,000 sq. ft. in newest deals at Carteret industrial building, BRC says

Seagis Property Group has secured a lease renewal and two new tenant commitments at a Carteret industrial building, in a set of deals arranged by Bussel Realty Corp.

Professional Services
DRG Architects acquires Vitetta, expanding footprint in Pennsylvania

DRG Architects is expanding westward with the acquisition of Vitetta, a practice with deep ties to Central Pennsylvania.

Residential & Mixed Use
Urban Edge to sell Bergen Town Center parcel slated for 456 apartments for $25 million

Urban Edge Properties is selling a piece of Bergen Town Center — its sprawling retail property in Paramus and Maywood — one that’s slated for redevelopment as more than 450 apartments.

Finance & Capital Markets
Namdar Group lands $32 million loan for multiple Journal Square projects, HKS says

A new project by Namdar Group would bring 1,151 apartments, 5,000 square feet of retail space and 26,000 square feet of office space to a 47-story tower on Lott Street in Jersey City. — Rendering courtesy: HKS Real Estate Advisors

Industrial
Blau & Berg: US Logistics Group expands by 48,000 sq. ft. at Elizabeth industrial property

A global freight forwarder is now a full-building tenant at an Elizabeth industrial property, having added more than 48,000 square feet under a deal arranged by The Blau & Berg Co.

Professional Services
Kislak recognizes top deals, performances of 2024 at annual sales awards

The Kislak Co. Inc. is celebrating four of its brokers for their achievements in 2024, touting their roles in the firm’s $500 million in overall sale and lease transactions for the year.

Retail
TFE acquires 7,000 sq. ft. former bank building in East Windsor

TFE Properties has expanded its holdings in its hometown of East Windsor, acquiring a 7,000-square-foot former bank building on a key corridor in the township.

Retail
Goldstein Group, Equity Retail broker trade of Wells Fargo branch in Gloucester County

The site of a Wells Fargo bank branch in Gloucester County has changed hands for an undisclosed price, brokers with The Goldstein Group announced Monday.

Government & Public Policy
Perth Amboy approves Kushner plan for 602 rentals, public amenities along city’s waterfront

Kushner and city officials in Perth Amboy have taken a key step in a plan to bring more than 600 apartments and retail space to a nearly 16-acre stretch along the Arthur Kill waterfront.