Saxum Real Estate’s portfolio exceeds $3.4 billion in capitalization, spanning more than 13 million square feet of industrial, cold storage and housing assets nationwide. — Courtesy: Saxum
By Joshua Burd
Saxum Real Estate has earned a spot on a closely watched ranking by a national trade publication, touting its fast-growing development pipeline in three key asset classes.
The media outlet, Commercial Property Executive, cited the Summit-based team as the 19th-largest commercial development firm in its prestigious Top 20 list, according to a news release. That marks Saxum’s second consecutive appearance on the list, thanks largely to its significant growth in cold storage, industrial and housing and a full-service platform that allows it to manage the entire life cycle of a project.
Founded in 2014 by Anthony Rinaldi, Saxum specializes in value-add and development opportunities while targeting overlooked value and capitalizing on inefficiencies in the market, the news release said. Its current portfolio exceeds $3.4 billion in capitalization, spanning more than 13 million square feet of industrial, cold storage and housing assets, with a development pipeline with more than $1 billion in active projects and nearly $1 billion in annual capitalizations.
“We are honored to be recognized on CPE’s list of the Top Commercial Real Estate Developers for a second year,” said Rinaldi, the firm’s managing principal. “This achievement reflects the relentless drive and exceptional execution of our talented team, as well as the unwavering support of our incredible partners and investors who help propel Saxum forward.”
