February 2017, Saxum acquired 37 Easton Avenue, an 18,000 square foot best-in-class retail asset. The property is located in the main thoroughfare of Rutgers University, surrounded by restaurants, bars and student housing. The property is also strategically located in a thriving medical and business hub driven by Robert Wood Johnson University Hospital, Saint Peters University Hospital, Johnson & Johnson and Bristol Myers Squibb.
Saxum is currently redesigning the interior layout of the building to accommodate multiple retail tenants. Saxum is also upgrading landscaping to provide outdoor seating. Once renovations are complete, the asset will stand as one of the premier retail assets in downtown New Brunswick.