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.

Finance & Capital Markets

Investors Bank touts $412 million in recent commercial loans

Investors Bank has closed on a $30 million loan to refinance a nearly 400,000-square-foot office park in Bloomfield, the largest among several newly announced transactions.

Industrial

LEG: Vertical construction for major Bayonne logistics park to start in 2020

Lincoln Equities Group is on track to begin vertical construction next year for more than 1 million square feet of new industrial space along the Bayonne waterfront.

Office

MDC plans upgrades at 102,000 sq. ft. office building in Woodland Park

Mountain Development Corp. has announced plans to overhaul one of three buildings in a well-known office campus along Interstate 80.

Office

Chilmark named listing agent at Warren office building

The owner of a 110,000-square-foot office building in Warren has tapped Chilmark Real Estate Services as its listing agent.

Residential & Mixed Use

Joint venture debuts 260-unit project in Jersey City, the first of three phases (SLIDESHOW)

A development group is off to a fast start at a new luxury apartment complex in Jersey City, the first of three phases that will add more than 600 units to a fast-growing neighborhood.

Health Care & Education

St. Joseph’s inks 60,000 sq. ft. medical office lease in Totowa, Lee & Associates says

St. Joseph’s Health has leased 60,000 square feet of medical office space as part of an ongoing redevelopment plan in Totowa, brokers with Lee & Associates said Thursday.

Retail

Redeveloper of massive Sayreville site names new senior vice president, director

The developer of a planned 5 million-square-foot, $2.5 billion project at a long-dormant site in Sayreville has hired a new executive to oversee the effort.

Government & Public Policy

EDA rebrands 50-acre research, incubator park in North Brunswick

The state Economic Development Authority has rebranded a well-known 50-acre research and incubator park in North Brunswick.

Deadline to Defer 2018 Gains in Opportunity Zone Investment is June 28

Within the Real Estate world, by now we know that the Tax Cuts and Jobs Act enacted a new opportunity to incentivize real estate investment and development in low-income communities across the country through Qualified Opportunity Zones (“QO Zones”). These designated low-income housing income tracts in the United States (and Puerto Rico) allow investors who previously recognized a taxable gain to defer it by investing the gain proceeds into a Qualified Opportunity Fund (“QO Fund”).

Residential & Mixed Use

The S.Hekemian Group wins approval to redevelop Mercedes-Benz campus in Montvale

Local officials have cleared the way for a mixed-use, $150 million plan to redevelop the former Mercedes-Benz USA headquarters site in Montvale.