Mack-Cali Realty Corp. has agreed to sell a 42-story, 1.2 million-square-foot office tower in Jersey City to The Birch Group, reportedly for $380 million.
Bergman Real Estate Group has added to its suburban office holdings in the state, acquiring a piece of the well-known Giralda Farms corporate campus in Madison.
Employers are hoping to find a middle ground as they determine how best to bring workers back to the office. While that strategy is still taking shape, occupiers have already begun to weigh their post-pandemic options in places such as Jersey City, driving an uptick in building tours and the prospect of new leasing activity.
Woodmont Properties has bolstered its leadership team with the addition of a well-known and longtime development executive in the region.
With nearly a dozen acquisitions and more than $750 million in combined investment — all since spring 2018 — The Birch Group is exceedingly bullish on northern New Jersey’s office market and the expected return to work in top-tier locations.
Mack-Cali Realty Corp. is providing a new glimpse at the long-awaited overhaul of its flagship campus in Jersey City, where it will unveil a series of upgraded office buildings, amenities for tenants and programming to draw visitors to its redesigned public spaces.
Mack-Cali Realty Corp. has sold four office buildings in Short Hills for $255 million, in a deal that marks another addition to the buyer’s fast-growing portfolio in New Jersey.
As Mack-Cali Realty Corp. prepares to unveil the sweeping, multiyear transformation of its flagship Harborside campus in Jersey City, the company is keenly focused on luring tenants from New York City as part of what it says is a revamped, proactive leasing strategy.
Mack-Cali Realty Corp.’s Harborside complex in Jersey City — Courtesy: Mack-Cali By Joshua Burd Mack-Cali Realty Corp. has named its new CEO, while announcing that MaryAnne Gilmartin has stepped down as board chair after leading the search for the new…