People
Saxum’s Lubrano rises to vice president of acquisitions in firm’s fourth promotion of 2025

Saxum Real Estate has promoted Chris Lubrano to vice president of acquisitions, citing his role in the growth of the firm’s residential platform.

People
Saxum promotes Shah, key player in cold storage platform, to vice president of acquisitions

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.

People
Saxum’s Lizza earns promotion to development director

Saxum Real Estate has promoted David Lizza to development director, touting his role in some of the firm’s largest industrial projects in key markets.

Office
Kenvue joins Murphy, other public officials to unveil 290,000 sq. ft. headquarters in Summit

Kenvue Inc. has taken the wraps off its new 290,000-square-foot global headquarters in Summit, with construction underway on a second facility as part of a revamped pharmaceutical campus.

Residential & Mixed Use
Investor buys 57-unit Summit apartment complex for $21 million, Kislak says

A private investor has sold a 57-unit garden apartment complex in Summit for more than $21 million, in a newly announced deal by The Kislak Co. Inc.

People
Saxum promotes Caputo, construction industry veteran, to project executive

Saxum Real Estate has promoted Frank Caputo to project executive within the Summit-based firm’s development and construction team.

Retail
Yoga studio takes 3,300 sq. ft. in downtown Summit in deal arranged by Sheldon Gross

A yoga studio has leased a 3,300-square-foot retail space in downtown Summit, Sheldon Gross Realty brokers announced last week.

Community
NAIOP New Jersey golf classic raises funds for 15,000 meals for Community FoodBank of N.J.

The state’s commercial real estate sector came together last month for a day of friendly competition and community action as NAIOP New Jersey hosted its 2024 Golf Classic and Pickleball Tournament, in a show of support for the Community FoodBank of New Jersey

People
Saxum’s Vitiello promoted to controller

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

Office
JLL: ‘Premier’ office buildings still shining in New Jersey with lower vacancy, higher rents than other Class A properties

Only a third of northern and central New Jersey’s top office buildings are less than 10 years old or have been significantly improved within that span — but their owners are reaping the benefits.