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

MHS Architects hires project manager to support growing pipeline

Marchetto Higgins Stieve Architects has made its first new hire of 2020, continuing its rapid expansion amid the ongoing boom for luxury residential projects.

Residential & Mixed Use

Gold Coast condo building more than 75 percent sold

A waterfront residential building in West New York is more than 75 percent sold, thanks in large part to low mortgage rates and a rare winter surge in home buying activity.

Office

WCRE: Consulting firm inks 9,200 sq. ft. lease in Burlington County

A consulting firm has leased more than 9,000 square feet at a Moorestown commercial building, under a newly announced transaction by Wolf Commercial Real Estate.

Residential & Mixed Use

Developers unveil luxury apartments in Rahway, eye second phase

A joint venture has taken the wraps off a new 116-unit high-end apartment building in downtown Rahway, the first of two planned phases of a site just minutes from the city’s train station.

Policy Page

A new way of doing things for 2020

My hope for 2020 is that our government officials will find the courage and willingness to tackle some thorny issues, including: overhaul New Jersey’s retirement and health care plans for state and school employees, consolidate school districts and remove barriers to allow regionalization of tax assessment, health services, municipal courts and fire and police services. If tackled, these measures will, over time, provide for better care and services to taxpayers while freeing up billions of dollars to invest in infrastructure, retraining and education programs and reducing the crushing tax burden on residents and businesses.

Retail

Developers announce LA Fitness, Lidl among new retailers at Bayonne project

A joint venture has added a national fitness operator and a grocery chain to its tenant mix at a development in Bayonne, the largest of five newly announced retail leases at the site.

Retail

Ripco named leasing agent for final phase of Pier Village retail space

Kushner Cos. has tapped Ripco Real Estate to oversee leasing and marketing for 40,000 square feet of retail space at Pier Village in Long Branch, as the well-known oceanfront development enters its third and final phase.

Government & Public Policy

EDA, NJIT announce new center for brownfields cleanup

The state Economic Development Authority is teaming with the New Jersey Institute of Technology to establish a new initiative aimed at helping local governments clean up and reposition brownfield sites within their borders.

Finance & Capital Markets

Procida hails strong 2019, with $134 million in loan activity

Procida Funding & Advisors is touting the completion of nearly $135 million in originations in 2019, including a recent loan to help redevelop a historic pier destroyed by Hurricane Sandy.

Industrial

Team Resources: Flooring maker takes 73,000 sq. ft. in Somerset

A flooring manufacturer has leased more than 70,000 square feet at a Somerset County industrial building, in the largest of several newly announced transactions by Team Resources Inc.