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
Cedar Knolls business park signs three new leases, two extensions, Weichert says

A seven-building, 378,000-square-foot commercial park in Morris County has attracted three new tenants, part of a series of newly announced deals by Weichert Commercial Brokerage.

Residential & Mixed Use
Capital Realty inks $2.25 million multifamily sale in Jersey City

An investor has paid $2.25 million for a pair of multifamily buildings in Jersey City, in a transaction arranged by Capital Realty Associates.

Professional Services
Newmark Associates touts two promotions on brokerage team

By Joshua Burd Newmark Associates has announced promotions for two of its top producers this year. The firm, which is based in Cedar Knolls, has promoted Charles Ritschel to vice president, a move that coincides with him earning Newmark’s award…

Residential & Mixed Use
With new community on the rise, Weiss has his eye on another large Jersey City redevelopment

Having built nearly 800 apartments in an emerging section in Jersey City, veteran developer Sandy Weiss and his firm now hope to replicate that approach — seeking to build on their experience of trying to build a new neighborhood from scratch. The company is the designated master redeveloper for about four city blocks just east of the New Jersey Turnpike extension, where it has proposed building more than 2,300 apartments for a mix of income levels.

Finance & Capital Markets
Sparta ShopRite owner secures $12 million loan, G.S. Wilcox says

The owner of a new supermarket and liquor store at a Sparta shopping center has landed $12 million in financing, following a transaction arranged by G.S. Wilcox & Co.

Industrial
Manufacturer takes nearly 32,000 sq. ft. in Saddle Brook

A maker of plastic products has leased more than 30,000 square feet of industrial space in Saddle Brook, brokers with NAI James E. Hanson announced Wednesday.

Industrial
Team Resources inks 23,000 sq. ft. lease in Moonachie

A wholesale merchandiser has signed a full-building lease at a 23,000-square-foot warehouse in Moonachie, under a newly announced transaction by Team Resources Inc.

Health Care & Education
JLL: Mahwah investor expands out of state, acquires medical office asset in Syracuse

A Mahwah-based commercial real estate investor has acquired a two-building medical office complex in Syracuse, New York, in an $18 million sale arranged by JLL.

Finance & Capital Markets
CBRE inks $150 million loan for Mack-Cali office building in Hoboken

Mack-Cali Realty Corp. has secured a $150 million loan to refinance a waterfront office building in Hoboken, brokers with CBRE announced Tuesday.

Residential & Mixed Use
Apartment portfolio in Essex, Bergen fetches $300 million

A multifamily buyer has paid more than $300 million for a 134-building portfolio spanning more than 1,800 units in Essex and Bergen counties, Gebroe-Hammer Associates announced.