Saxum Real Estate in the News
Red Bank’s “The Vault” Renovations Moving Forward - First Tenant Leased
December, 2020- “The Vault,” a beautiful marbled building located at 55 Broad Street has been undergoing a massive interior makeover and a biotech tenant has been secured. |
Saxum Launches Cold Storage Platform, Details New Projects in Key U.S. Markets
September, 2020- Saxum Real Estate is making a major push into the cold storage sector, as it looks to tap into demand for an underserved segment of the industrial market. |
Saxum Real Estate Feeling Bullish on Cold Storage
September, 2020- Saxum Real Estate has launched a cold storage & industrial platform, closing on three industrial cold storage developments in the last quarter. |
Big Cold Storage Project Starts Next Week South of Fort Worth
September, 2020- Construction is set to start next week on a more than $40 million refrigerated distribution center in Burleson south of Fort Worth. |
NAIOP Developing Leader Award 2020
August, 2020- Anthony Rinaldi, Founder & Managing Principal, recognized by NAIOP with a Developing Leader Award. |
Partnership Purchases Georgia Student Housing for $45M
August, 2020- The Cottage Row deal represents the largest student housing sale in the market since 2016. XFD Real Estate partnered with Ash Real Estate, Saxum Real Estate and Anchor Real Estate Capital for this acquisition. |
Top 25 Opportunity Zone Influencer List 2020
June, 2020- For the second consecutive year, Anthony Rinaldi and Saxum Real Estate were named as a Top 25 Opportunity Zone Influencer by OZEXPO Magazine. |
6 New Buildings Coming to East Austin in 2020
March, 2020- Austin’s Eastside has experienced rapid growth in the form of new development in recent years. Aquila Commercial highlights six of the most important office projects expected to break ground or deliver to Austin’s Eastside submarket in 2020, including Saxum's 1141 Shady Lane. |
Saxum 40 Beechwood Redevelopment Named as NAIOP Deal of the Year Finalist
February 28, 2020- 40 Beechwood Road is a redevelopment project in the heart of downtown Summit. The previously vacant property was transformed into a boutique trophy office, and is now headquarters to a leading private equity firm who relocated to Summit. |
Five-Story Mixed-Used Structure to Rise on Riverside Avenue
December 11, 2019 -After voting “yes” on the application, which was approved 8-1, Mayor Pasquale Menna called the project the “largest, single-most” positive improvement by Red Bank to provide affordable housing for those who would not otherwise be able to afford “to live, work and play on the river.” |
East Austin Mixed-Use Development Plans to Preserve 1920s Home for Restaurant
November 3, 2019 - Opportunity Zone development in East Austin plans to preserve 1920s home for restaurant on mixed-use property. |
Saxum Joint Venture Pre-leases 200,000 SF at New Burleson Cold Storage Facility
October 21, 2019 - Premier Refigerated Warehouse, a cold storage solution provider has signed on to occupy 200,000 SF at the new facility underway in Burleson, TX. Saxum Real Estate is co-developing the 400,000-square-foot property with Yukon Ventures, an Austin-based developer. |
Joint Venture Buys Boutique Office Building in Summit
September 11, 2019 - A 42,000-square-foot boutique office building in Summit has recently sold to a joint venture between Summit-based Saxum Real Estate and Montclair-based The Becker Organization, Cushman & Wakefield announced on Wednesday. |
Saxum Plans Office Project in Austin as First Opportunity Zone Investment
June 17, 2019 - Saxum Real Estate has landed in Austin for its first investment under the federal Opportunity Zone program, teaming with a local developer to acquire a site for a new ground-up office building. |
Anthony Rinaldi Named as Top 25 OZ Influencer
May 06, 2019 - Opportunity Zone Magazine recognized the industry's leading and most influential Opportunity Zone influencer professionals across five categories. |
An Open Letter on 14 Lincoln Place
from Anthony Rinaldi, Founder of Saxum Real Estate Saxum Real Estate, a Summit, NJ -based, real estate investment and development firm acquired 14 Lincoln Place in Madison, NJ, commonly known as the Madison Movie Theater, in February of 2017. |
Saxum Opportunity Zone Fund highlighted by Forbes
Oct 26, 2018 - The U.S. Treasury Department’s recent release of long-awaited guidelines for opportunity zones is expected to unleash real estate investment in low-income neighborhoods in the country – that is, as long as stock market volatility, the onset of a recession or other gloomy events don’t doom optimism and risk-taking. |
Opportunity Zones: Giving low-income areas opportunity was easy. Making sure they are ready is bigger challenge
Oct 30, 2018 - The panelists at the Opportunity Zone program were a bit bombastic when it came time to describe the potential the program has in low-income areas. “Too good to be true,” said one. “We’ve never seen anything like this,” said another. |
Saxum announces new fund for Opportunity Zones
July 27, 2018 - Development and investment firm Saxum Real Estate has launched a new fund dedicated to projects in newly created federal Opportunity Zones, as it prepares for the program’s highly anticipated rollout later this year. |
Opportunity Zones Investors May Get Additional Federal Benefits, Says Rutgers Panelist
October 30, 2018 - NEW BRUNSWICK, NJ—Investors taking advantage of new federal opportunity zone tax rules may get an additional federal benefit in coming weeks through a planned executive order from the Trump Administration, according to one of the panelists at today’s Rutgers Center for Real Estate program on the opportunity zone programs. |
News Release: Saxum Real Estate Acquires Downtown Madison MOB
June 25, 2018 - MADISON, N.J., June 22, 2018 – Saxum Real Estate, a privately-held real estate investment and development firm has added to its growing portfolio with the acquisition of 345 Main St, Madison, NJ. Saxum acquired the property in partnership with two leading physician groups, which will leaseback all remaining vacancy in the building under long-term leases. As a result, upon transaction close, Saxum brought the building from 47% occupancy to 100% occupancy and achieved an Average Weighted Lease Term of over 8 years.
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Medical office building is Saxum’s latest acquisition in Madison
June 26, 2018 - Saxum Real Estate has closed on its second property in Madison, acquiring a 19,700-square-foot medical office building in the borough’s downtown.
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Saxum adds to portfolio in downtown Red Bank
June 6, 2018 - Investment and development firm Saxum Real Estate has acquired another building in downtown Red Bank, with plans to reposition and rebrand the property as additional boutique office space.
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Downtown Montclair buildings are latest acquisitions for Saxum
March 1, 2018 - Saxum Real Estate has expanded its holdings in downtown Montclair with the acquisition of two neighboring properties, including a 25,000-square-foot former bank building.
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Old Visiting Nurse Association HQ in Red Bank sold for $7.4MJanuary 2018 - A landmark building on Riverside Avenue in Red Bank, the former Visiting Nurse Association Health Group headquarters, has been sold for $7.4 million.
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Red Bank: Sale Puts Building on Tax RollsJanuary 2018 - Red Bank’s municipal coffers are about to be bolstered by the addition to the tax rolls of a major office building.
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Real Estate Forum - Fifty under 40 2017
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Saxum acquires two buildings in downtown SummitAugust 3, 2017 – Commercial real estate firm Saxum Real Estate recently announced it has acquired two adjoining properties in downtown Summit, located at 367 Springfield Ave. and 40 Beechwood Ave.
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Saxum acquires two commercial buildings in downtown Summit
August 3, 2017 – Development and investment firm Saxum Real Estate has acquired two adjoining properties in downtown Summit, including one that it plans to renovate and market for lease.
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NJBIZ announces Forty Under 40 for 2017
July 18, 2017 - NJBIZ has revealed the 2017 winners of one of its most popular awards: the Forty Under 40.
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Saxum Real Estate Buys Retail Building in New JerseyFebruary 16, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of an 18,000-square-foot vacant retail building located at 37 Easton Avenue in downtown New Brunswick, New Jersey.
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Historic Madison Movie Theater Building SoldFebruary 14, 2017 – After a year on the market, the historic building that houses Madison Cinema 4 has been sold, but the movies will still go on.
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Saxum Grows Portfolio with Two Downtown AcquisitionsFebruary 13, 2017 — A development and investment firm has made new acquisitions in Middlesex and Morris counties, its latest under a recently launched fund for repositioning downtown commercial sites.
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Firm hopes to ‘bring SoHo to the suburbs’ with new development, investment fundDecember 13, 2016 -- A three-year-old development and investment firm has launched its first fund, with a goal of deploying some $75 million to acquire value-add properties in transit-oriented downtowns.
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Saxum Real Estate Launches New Value-Add Fund
December 12, 2016 — Saxum Real Estate, a privately-held real estate investment and development company led by Managing Principals, Anthony Rinaldi and Christopher Johnson has launched its first fund, the Saxum Adamas Fund I, LP.
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