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.
A joint venture has scored a $19.6 million construction loan for a more than 128,000-square-foot industrial project in Parsippany, brokers with Cushman & Wakefield said Thursday.
Saxum Real Estate has promoted Brandon Stern to senior associate of acquisitions, expanding his focus with the Summit-based firm’s industrial platform.
Another vacant office building in Parsippany is set to come down as part of a joint venture’s plan to construct a new 128,000-square-foot speculative warehouse just north of Route 10.
Saxum Real Estate has promoted Sunny Shah to vice president of acquisitions, touting his role in the Summit-based firm’s growing cold storage division.
Saxum Real Estate is touting a flurry of recent deals and construction activity, including more than $800 million in investments and $650 million in groundbreakings.
Saxum Real Estate has broken ground on a project that will bring 212 apartments and coworking space to a site that is steps from the Navesink River in Red Bank.
