In April 2017, Saxum acquired 40 Beechwood Road, located in the heart of downtown Summit. The 15,000 sf office building features 31 private, on-site parking spots. The property is located just two blocks from the Summit NJ Transit Train Station. The Train Station provides direct access into Manhattan in less than 40 minutes. A true live, work, play community, downtown Summit has over 200 unique boutiques, restaurants and services.
Saxum is marketing the building for lease and will be completing a significant capital improvement program, repositioning the building into a best-in-class Sub-Urban asset in the highly-desired submarket.