People
Saxum promotes Schoer, Malavarca amid firm’s ongoing growth

Investment and development firm Saxum Real Estate has announced the promotion of two key members of its Summit-based team.

Office
Telecom business inks 7,000 sq. ft. office lease in Summit, in deal arranged by NAI Hanson

A telecommunications firm has taken 7,000 square feet of office space just off Route 24 in Summit, according to a broker with NAI James E. Hanson.

Retail
Diversified inks renewal, expansion with nail salon at Summit mixed-use property

The retail space at a mixed-use building in Summit is now fully leased after a renewal and an expansion by a nail salon at the property.

Office
Onyx, JLL unveil redevelopment concepts and high-end office space at Summit campus

Onyx Equities and JLL have unveiled new plans and new possibilities for the sprawling former Celgene Corp. campus in Summit, where they’re now marketing two high-end office buildings and a redevelopment site at the heart of the nearly 640,000-square-foot property.

Residential & Mixed Use
Gebroe-Hammer inks $14.5 million sale of Summit apartments, completing 1031 exchange

A private investor has sold a 53-unit garden apartment complex in Summit for $14.5 million, in a newly announced transaction by Gebroe-Hammer Associates.

Residential & Mixed Use
Solomon Organization names new managing, associate directors after seven promotions

The Solomon Organization has announced seven promotions across its Summit-based headquarters and regional offices managing its 20,000-unit apartment portfolio.

Industrial
Saxum boosts industrial platform with new director of investments

Saxum Real Estate has welcomed a new director of investments for its industrial platform, tapping a veteran executive to spearhead its growth in the asset class.

Professional Services
Sheldon Gross tapped to manage Union County office, retail properties

Sheldon Gross Realty has expanded its property management portfolio with the addition of two commercial spaces in Union County.

Finance & Capital Markets
Summit apartment owner secures $11.5 million loan, refis 37-unit complex

The owner of a 37-unit luxury apartment complex in downtown Summit has refinanced the property for $11.5 million, in a newly announced deal by JLL.

People
New hires in acquisitions, project management among latest hires for Saxum

Saxum Real Estate has continued its string of growth with six new hires aimed at strengthening its acquisitions, project and operations teams.