Birch Group pays Mack-Cali $255M for NJ office portfolio
The Birch Group, a privately-held commercial real estate investor, owner and operator, today announced the $255 million acquisition of a four-building portfolio in Short Hills,
Tag : mack-cali
Mack-Cali closes on $254M suburban office sale
Mack-Cali Realty Corporation has sold its Metropark office portfolio in Edison and Iselin NJ, for $254 million to Opal Holdings. The sale, comprising four office
New CEO takes reins at Mack-Cali
Mack-Cali Realty Corporation has named Mahbod Nia chief executive officer. Nia, who has served as a director of Mack-Cali since June 2020, will succeed Interim
Bergman JV closes on Princeton office acquisition
Bergman Real Estate Group has acquired the 160,000 s/f office building at 500 College Road East in Princeton, NJ, in a joint venture with Hornig
Mack-Cali closes on latest office sale
Mack-Cali Realty Corporation announced the disposition of 581 Main Street, a 203,335 s/f office building in Woodbridge Township, NJ. The transaction continues Mack-Cali’s ongoing strategic
Mack-Cali closes on latest office disposition
Mack-Cali Realty Corporation announced the disposition of 7 Campus Drive, a 154,820 s/f office building in Parsippany, NJ, to Birch Group for approximately $12.75 million.
Mack-Cali sells Princeton office to American Equity Partners
Mack-Cali Realty Corporation (NYSE: CLI) announced today that it has completed the sale of 5 Vaughn Drive in Princeton, NJ to American Equity Partners for
Mack-Cali not for sale as REIT doubles down on waterfront strategy
Mack-Cali is shoring up its balance sheet by suspending shareholder dividends for the rest of the year. And interim CEO Maryanne Gilmartin has vowed she’s
Ares funds $148M loan for Mack-Cali portfolio buy
JLL Capital Markets aarranged $147.72 million in financing for a 10-property office portfolio totaling 1.5 million square feet in Morris County, New Jersey. JLL worked
Mack-Cali sells $160M office portfolio to Onyx JV
Mack-Cali has sold its 10-building Morris County, NJ, office portfolio for $160 million to a joint venture of Onyx Equities, Taconic Capital Advisors, Axonic Capital