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.
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.
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.
