40 Beechwood Road

REALIZED

40 Beechwood is a 19,971 SF boutique office asset located in the heart of downtown Summit, one of New Jersey’s most desirable downtowns and attractive office markets. Upon acquisition of the asset, Saxum immediately began large-scale capital improvements, ultimately attracting a leading private equity firm to sign a long-term leases as the building’s sole tenant. Since completion, 40 Beechwood is regarded as one of the premier boutique office buildings both within Summit as well as New Jersey. The quality of the asset, tenant improvements, finishes and fixtures are exceptional and rarely seen in New Jersey office space, leading to a successful disposition of the asset in 2021