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.

Government & Public Policy
Led by Willoughby, Business Action Center lends its support to developers, tenants

The state’s Business Action Center has long billed itself as a one-stop shop for helping companies grow in New Jersey and attracting new ones from out of state. That often means finding solutions for commercial real estate needs, from helping a scientist find lab space to assisting Amazon with its ever-growing network of fulfillment centers. It also means helping developers and their professionals navigate the web of state agencies that are involved in real estate decisions, from NJ Transit to the Department of Environmental Protection.

Government & Public Policy
Solving the parking problem: Goldberg sees a role for the state in urban redevelopment

To Carl Goldberg, the need for moderately priced, workforce housing continues to grow in New Jersey, but the cost of structured parking can be a significant hurdle. It’s why he sees an opportunity for the state to help local officials solve that equation.

Industrial
C&W named leasing agent at massive former Toys R Us complex in Mount Olive

The owners of a 1.43 million-square-foot industrial complex in Mount Olive, a former Toys R Us distribution center, have tapped Cushman & Wakefield as its leasing agent.

Residential & Mixed Use
Hackensack apartment buildings sell for $11.5 million, Kislak says

A private investor has sold a two-building, 78-unit apartment portfolio in Hackensack for $11.5 million, in a transaction arranged by The Kislak Co. Inc.

Industrial
NAI Hanson: E-commerce user takes 46,000 sq. ft. in Newark

An e-commerce company has leased more than 46,000 square feet at a Newark industrial building, brokers with NAI James E. Hanson announced this week.

Residential & Mixed Use
Russo starts construction at mixed-use project near Garwood train station

Russo Development has nearly completed demolition of a large industrial complex in Garwood, allowing it to begin construction at a new mixed-use project with nearly 370 apartments.

Office
JLL inks $33.5 million sale of Somerset office park

A three-building, 679,000-square-foot office park in Somerset County has changed hands for $33.5 million, following a sale arranged by JLL.

Residential & Mixed Use
Harrison development site fetches $14.5 million, CBRE says

An industrial user has sold a former warehouse site and a vacant lot in Harrison, paving the way for another addition to the town’s waterfront redevelopment area.

Government & Public Policy
EDA approves $14.7 million incentive for proposed Gucci call center in Jersey City

The state has approved a 10-year, $14.7 million tax credit to encourage luxury fashion giant Gucci to open a new 52,000-square-foot call center on the Jersey City waterfront.

Retail
Barbershop chain takes 1,800 sq. ft. in Madison, its third New Jersey store

A barbershop chain has leased nearly 1,800 square feet at a mixed-use property in downtown Madison, brokers with JLL announced this week.