Saxum’s Vitiello promoted to controller

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

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.

Pierson named retail leasing firm for Saxum-owned property in downtown Summit

Saxum Real Estate Partners has tapped Pierson Commercial as its retail leasing agent for a rarely available commercial building in downtown Summit.

Sheldon Gross: Weight loss spa Bodenvy takes 2,400 sq. ft. in Summit

A weight loss spa has found its first New Jersey location after leasing 2,400 square feet in downtown Summit, brokers with Sheldon Gross Realty announced last week.

United Way reveals commercial, industrial award finalists for annual real estate luncheon

United Way of Northern New Jersey has unveiled the finalists for its commercial real estate awards next month, part of a program that will mark its 25th year of partnering with industry executives for the organization’s largest annual fundraiser.

Tutoring center takes 5,000 sq. ft. in Summit in lease arranged by Chilmark, Jeffery

A tutoring business has leased 5,000 square feet for a new location in downtown Summit, in a deal arranged by Chilmark Real Estate Services and Jeffery Realty.

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.

Retail, apartment building in downtown Summit trades for $2.9 million

A retail and apartment property in downtown Summit has changed hands for nearly $2.9 million, brokers with Cushman & Wakefield announced Tuesday.

JLL: Life sciences still strong in New Jersey amid new office, manufacturing needs

Life sciences companies remain a leading driver of commercial real estate in New Jersey, accounting for more than a third of all office leases during the first half of 2023 and fueling a pipeline of deals for lab and manufacturing space.