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.

Guest Columns
The next chapter in affordable housing in New Jersey

Since 2015, more than 280 towns in New Jersey have signed settlement agreements for their affordable housing obligations, while a judge has determined the statewide need to be about 155,000 units and experts project that about 50,000 of those will be created by 2025. Frankly, the court process is way too far down the road to try and move it back to the Council on Affordable Housing or another state agency. But that is not to say there are not some issues worth discussing as we move forward.

Office
Paramount debuts new 12,000 sq. ft. headquarters in downtown Newark

Paramount Assets has moved its headquarters to downtown Newark, as it continues to build its pipeline of redevelopment and historic rehabilitation projects in the city.

Health Care & Education
Atlantic County nursing home sold as part of three-building portfolio, Marcus says

A developer has sold three nursing home facilities in the region, including one in Atlantic County, under a set of transactions brokered by Marcus & Millichap.

Retail
WCRE: JP Morgan acquires redevelopment site, plans new branch in Marlton

JP Morgan Chase Bank is planning a new branch in Marlton, brokers said, following the lender’s acquisition of a former convenience store and gas station property on Route 70.

Industrial
Developers, brokers launch 4.1 million sq. ft. logistics center project in Linden

A joint venture has kicked off what it says will be the largest active industrial project near the Port of New York and New Jersey, breaking ground on a 4.1 million-square-foot logistics park at a long-vacant site in Linden.

Residential & Mixed Use
Woodmont, city officials open 220-unit rental project in Bayonne

Woodmont Properties has opened the doors to a new luxury apartment complex in Bayonne, its latest residential property and one of many redevelopment projects underway in the city.

Residential & Mixed Use
Prism, Northwestern Mutual close on site of 232-unit project in Woodbridge

A development team has closed on its purchase of a five-acre site in Woodbridge, where it now plans to build a mixed-use project anchored by more than 230 luxury apartments.

Office
Marcus inks $5.75 million sale of West Orange office building

A private investor has sold a nearly 35,000-square-foot office building in West Orange, under a newly announced sale by Marcus & Millichap.

Residential & Mixed Use
‘Welcome to Harrison’: BNE, Hornrock unveil town’s newest luxury rental property

A joint venture has marked the opening of a new 257-unit residential building in Harrison, where renters have already leased nearly a third of the available apartments.

Industrial
Developer acquires Mercer County site, plans 350,000 sq. ft. industrial project

An investment group has acquired a 31-acre site in Mercer County that was once slated for a new hospital, but is now on track to become a 350,000-square-foot industrial development.