The owner of a 326-unit multifamily portfolio in southern New Jersey has sold the property for $24.5 million, under a transaction announced Monday by The Kislak Co. Inc.
Mack-Cali Realty Corp. has sold a 1.2 million-square-foot office and flex portfolio in Burlington County, according to brokers with HFF who marketed the buildings.
Mack-Cali Realty Corp. is seeking a buyer for another large piece of its real estate footprint — a group of more than two dozen office and flex buildings in Burlington County.