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.

Residential & Mixed Use
South Jersey rental portfolio sells for $5.7 million, Marcus says

Three garden apartment complexes with a combined 95 units have changed hands in southern New Jersey, in a nearly $5.7 million transaction arranged by Marcus & Millichap.

Office
Growing PT practice takes 6,100 sq. ft. in Cherry Hill

A physical therapy practice is set to expand after leasing more than 6,000 square feet of office space in Cherry Hill, brokers with Wolf Commercial Real Estate said Friday.

Retail
JLL inks $30 million sale of 962,000 sq. ft. mall complex

A brokerage team based in JLL’s Morristown office has arranged the sale of a nearly 1 million-square-foot, super-regional mall outside Buffalo, New York.

Industrial
Rental rates surging, reaching new heights in N.J. industrial market, researchers say

Landlords and developers are still reaping the rewards of New Jersey’s tight industrial market, where rents continue to rise well above average asking rates.

Retail
C&W: Fitness, tutoring chains ink new locations in Short Hills

A boutique fitness chain and a tutoring business have leased a combined 4,800 square feet in Short Hills, under a set of newly completed transactions by Cushman & Wakefield.

Retail
NAI Hanson: Antique retailer expands, acquires 6,000 sq. ft. property in Hampton Twp.

The owners of a home furnishings and antiques business have acquired a 6,000-square-foot retail building in Hunterdon County, with plans to use the property as a second location.

Retail
Monmouth retail center sells for $4.9 million, Marcus says

A private investor has sold a retail property in Monmouth County for nearly $5 million, brokers with Marcus & Millichap announced Thursday.

Finance & Capital Markets
CBRE inks $57 million refinance for Essex, Hudson portfolio

The owner of a 13-property residential and mixed-use portfolio in Essex and Hudson counties has refinanced the properties for $57 million, brokers with CBRE announced Wednesday.

Government & Public Policy
Murphy signs ‘land bank’ bill allowing cities to assemble, reposition blighted property

A newly enacted law allows New Jersey municipalities to assemble blighted properties within their borders, creating land banks that they can use to spur much-needed redevelopment.

Health Care & Education
Cherry Hill medical office building fetches $4 million

An investor has acquired a medical office property in Cherry Hill, under a $4 million transaction arranged by Marcus & Millichap.