About Saxum Real Estate
Saxum: (Latin, noun) stone, rock
Saxum Real Estate is a New Jersey-based, vertically-integrated and privately-held real estate investment and development company. With a proven track record, Saxum has built a best-in-class real estate firm rooted in an entrepreneurial and creative spirit.
Saxum specializes in value-add and development opportunities located in transit-oriented and/or urban-centric markets. Leveraging a vertically-integrated platform, Saxum has the ability to implement a unique approach to creating value and enhancing real estate strategies at every step of the project life cycle.
Our team is comprised of highly skilled real estate professionals with extensive experience as investors in real estate. We focus on areas in which we can leverage our superior market knowledge and local relationships in order to identify and create asset value in any economic cycle.
Saxum specializes in value-add and development opportunities located in transit-oriented and/or urban-centric markets. Leveraging a vertically-integrated platform, Saxum has the ability to implement a unique approach to creating value and enhancing real estate strategies at every step of the project life cycle.
Our team is comprised of highly skilled real estate professionals with extensive experience as investors in real estate. We focus on areas in which we can leverage our superior market knowledge and local relationships in order to identify and create asset value in any economic cycle.
Featured Project
40 Beechwood Road, Summit
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In April 2017, Saxum acquired 40 Beechwood Road, located in the heart of downtown Summit. The property is located just two blocks from the Summit NJ Transit Train Station, which 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. Within 12 months of acquisition, Saxum executed a long-term lease with Energy Capital Partners, a leading private equity firm focused on investing in energy infrastructure across North America. As part of the lease, Saxum will add an additional 5,000 sf to the asset, bringing its total size to approximately 20,000 sf. Once complete, 40 Beechwood will be among the top boutique trophy office assets in New Jersey, featuring glass facades, a fitness/wellness center, and a rooftop conference room and entertainment area. Energy Capital Partners is expected to occupy the building in July, 2019.
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