Wilcox: Lakhani, Saxum ink $19.2 million refi of Pennsylvania warehouse portfolio

A joint venture has secured $19.15 million to refinance some 221,000 square feet of industrial space in northeast Pennsylvania, according to a debt placement team with G.S. Wilcox & Co.

Hamilton flex industrial parcel finds new owners as JLL arranges sale, capitalization

Saxum Real Estate has acquired and secured both equity and financing for a 16-acre flex industrial property in Hamilton, following a series of transactions arranged by JLL.

Saxum, Meadow Partners acquire 80,000 sq. ft. flex industrial building in Hamilton

Saxum Real Estate and Meadow Partners have acquired some 80,000 square feet of industrial space on 16 acres in Hamilton, seeking to capture demand from shallow‐bay and flex users.

Saxum’s Vitiello promoted to controller

Saxum Real Estate has promoted Chris Vitiello to the post of controller with its Summit-based team.

Resource Realty: Industrial users in East Hanover, Fairfield ink renewals totaling 73,000 sq. ft.

A fragrances company has signed a nearly 43,000-square-foot lease renewal at an industrial park in East Hanover, in one of two recent deals by Resource Realty of Northern New Jersey.

Saxum promotes five after banner year for investments, development

Saxum Real Estate has promoted five members of its Summit-based team, following a year in which it reached more than $1 billion in capitalizations.

Saxum hits nearly $1.1 billion in total capitalizations for investments, developments in 2023

Saxum Real Estate is marking a banner year after investing in a series of cold storage, industrial and multifamily assets and projects with a combined value of more than $1 billion.

Saxum, BGO partner for recap of 1.5 million sq. ft. national cold storage portfolio

Saxum Real Estate has recapitalized a six-property, 1.5 million-square-foot portfolio of cold storage buildings under a newly completed partnership with a national investment firm.

JLL: Urban Edge sells 1.2 million sq. ft. East Hanover industrial portfolio for $218 million

Urban Edge Properties has sold a seven-building, 1.22 million-square-foot light industrial portfolio in East Hanover for nearly $218 million, brokers with JLL announced Thursday.

Saxum names new senior development manager after recent promotion

Saxum Real Estate has announced the promotion of Brandon Alviano to senior development manager.