Saxum Real Estate in the News

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.

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.

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.

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.

Old Visiting Nurse Association HQ in Red Bank sold for $7.4M

​January 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.

Red Bank: Sale Puts Building on Tax Rolls

January 2018 - ​Red Bank’s municipal coffers are about to be bolstered by the addition to the tax rolls of a major office building.

Real Estate Forum - Fifty under 40 2017

Saxum acquires two  buildings in downtown Summit

August 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.

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.
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. 

Saxum Real Estate Buys Retail Building in New Jersey

February 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.

Historic Madison Movie Theater Building Sold

February 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.

Saxum Grows Portfolio with Two Downtown Acquisitions

February 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.

Firm hopes to ‘bring SoHo to the suburbs’ with new development, investment fund

December 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.

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.