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
Blackstone buys Meadowlands development site for $8 million, CBRE says

The Blackstone Group has acquired a Lyndhurst development site that can accommodate more than 85,000 square feet of new warehouse and distribution space, brokers with CBRE announced.

Retail
Pierson touts lease, opening of new 38,000 sq. ft. fitness club in Woodbridge

A fitness chain has debuted its ninth location in New Jersey and its first in Middlesex County, following a recently announced 38,000-square-foot lease by Pierson Commercial.

Industrial
NAI Hanson inks sale of 7,800 sq. ft. Hackensack property

An electrical contractor has acquired a 7,800-square-foot industrial and flex property in Hackensack, under a transaction arranged by NAI James E. Hanson.

Events
NAIOP panel: Disruptors abound in CRE, from co-working to reverse logistics

Commercial real estate faces no shortage of disruptive forces, a panel of industry leaders told NAIOP New Jersey last week, citing everything from ridesharing services and automation to changing corporate and consumer preferences.

Office
C&W: Mack-Cali sells 193,000 sq. ft. Bridgewater office building

Mack-Cali Realty Corp. has sold a nearly 193,000-square-foot office building in Bridgewater to Edgewood Properties, in a newly announced deal by Cushman & Wakefield.

Finance & Capital Markets
KRE, National ink $258 million loan for Journal Squared phase two

Kushner Real Estate Group and National Real Estate Advisors LLC have closed on $258 million in construction financing for the second phase of Journal Squared, their high-profile mixed-use development in Jersey City’s historic Journal Square neighborhood.

Professional Services
Colliers expands health care real estate group in New Jersey with new hire

Colliers International has added a 25-year industry veteran to bolster its position in the health care and medical office sectors.

Industrial
Stro acquires 55,000 sq. ft. industrial portfolio in Clifton

The Stro Cos. has added to its holdings in Clifton with the acquisition of a two-building, 55,000-square-foot portfolio in the city.

Office
Contractor nears completion of Ramsey office building renovation

A Jackson-based contractor is nearing completion of a major interior renovation at a 138,400-square-foot office building in Bergen County.

Office
CBRE: Foundation launched by Eagles star acquires Cherry Hill building

A free food truck service launched by Eagles quarterback Carson Wentz has found a new headquarters, acquiring a 4,546-square-foot office property in Cherry Hill.