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.

Industrial
Fairfield: Seven-building industrial, flex portfolio trades for $30 million

An institutional owner has acquired a seven-building, 315,800-square-foot portfolio in Fairfield for more than $30 million, under a newly completed transaction by Sheldon Gross Realty.

Finance & Capital Markets
Wilcox inks $32 million loan for 151-unit rental complex in Maplewood

G.S. Wilcox & Co. has secured $32 million in financing for the owner of a recently built, 151-unit apartment community in Maplewood.

Professional Services
Colliers touts five promotions in New Jersey

Colliers International has made five promotions within its New Jersey brokerage team.

Finance & Capital Markets
Eastman refinances grocery-anchored center in Livingston, HFF says

The owner of a grocery-anchored shopping center in Livingston has refinanced the nearly 96,000-square-foot property, following a transaction arranged by HFF.

Editor’s Note
Breaking through

As you’ll read in this month’s cover story, Stanbery Development Co. has spent more than four years navigating local politics and state regulations in its quest to redevelop a vacant office complex in Parsippany. But the firm is now on a path toward fulfilling its vision, which calls for a mixed-use, downtown-style development anchored by high-end restaurants and retail.

Residential & Mixed Use
Joint venture, HMFA top out 100-unit rental project in West Orange

A mixed-income project that will bring 100 new apartments to Essex County is slated for delivery by year-end, as its developers gathered last week to mark a construction milestone.

Government & Public Policy
Murphy names new EDA board chair amid ongoing calls for reform

Gov. Phil Murphy has named a new board chair of the Economic Development Authority, tapping a fellow former Goldman Sachs executive as part of his plan to overhaul the agency.

Retail
JLL hired to market, lease new-look shopping center in Bergen County

The owner of a redeveloped shopping center in Little Ferry has tapped JLL as its leasing agent for the 139,000-square-foot property.

Office
Vantage RES: Oral surgery group expands, finds new home in Vineland

An oral surgery practice has relocated to a newly upgraded office building in Vineland, following a recent lease completed by Vantage RES.

Photos
Ballet company takes the stage at New Brunswick PAC

Future tenants of the New Brunswick Performing Arts Center are already making themselves at home, even as construction continues at the high-profile development project.