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
Denholtz names new COO, promotes finance executive in key leadership moves

Denholtz Properties has hired a veteran broker and development executive as its new chief operating officer, in one of two new changes to its leadership team.

Professional Services
CBRE industrial broker promoted to senior vice president

A rising industrial broker with CBRE has earned a promotion, the firm said, touting him as one of the youngest industry professionals in New Jersey to be named a senior vice president.

Professional Services
Avison Young hires new associate for New Jersey debt, equity team

Avison Young has made a new addition to its debt and equity team in New Jersey, tapping a recent intern as an associate based in the firm’s Morristown office.

Office
C&W: Tenant expands sublease, takes 30,000 sq. ft. at former Gerber HQ in Florham Park

A professional services and information technology firm has expanded its footprint in Florham Park, adding nearly 30,000 square feet to a sublease that began less than a year ago.

Hospitality & Tourism
Meadowlands hotel fetches $19 million, Marcus says

An institutional investor has acquired a 244-room hotel in Hasbrouck Heights, in a nearly $19 million sale arranged by Marcus & Millichap.

Government & Public Policy
Former NJBA president, veteran developer named NAHB chairman

A former New Jersey Builders Association president has been elected chairman of the National Association of Home Builders, marking a milestone as the first Hispanic to assume the role.

Office
Chilmark: Medical device maker takes 21,000 sq. ft. for new HQ in Marlton

A medical device company is relocating its headquarters in Burlington County, having leased nearly 21,000 square feet at an Evesham office building.

Retail
Sherwin Williams inks 4,700 sq. ft. retail lease in Gloucester Co.

Sherwin Williams has expanded into a Gloucester County shopping center, where it is leasing nearly 5,000 square feet as part of a deal by Vantage Real Estate Services.

Industrial
E-commerce train rolls on as industrial owners, brokers prepare for a roaring 2020

The economic engine powering the New Jersey industrial real estate market will continue to be the rapidly transforming retail sector, driven primarily by relentlessly rising demand from consumers for rapid home delivery of purchases, whether from online retailers or traditional but restructured brick-and-mortar retailers.

Retail
JLL: Mount Laurel retail center with gym, grocery store trades for $18 million

An investment firm has acquired a nearly 130,000-square-foot shopping center in Mount Laurel, under a newly announced transaction by brokers with JLL.