Office
Investors acquire Parsippany buildings from Mack-Cali, JLL says

Two former Mack-Cali Realty Corp. buildings in Parsippany are under new ownership, following a set of investment sales announced this week by JLL.

Residential & Mixed Use
For Mack-Cali, Morris Plains project will be a showcase for office-to-residential conversion

The former site of an outdated, long-vacant office building in Morris Plains has been reborn as luxury apartments and is now on a path to “a much longer and better livelihood.” At least, that’s how Andrew Marshall described it on Thursday as he welcomed local officials and the development team to the property at 250 Johnson Road.

Office
Rochelle Park office building sold for second time in eight months

A nearly 220,000-square-foot office building in Rochelle Park, has changed hands for the second time in less than a year, following a sale announced Thursday by Colliers International.

Office
Mack-Cali sells 236,000 sq. ft. Hamilton portfolio to Denholtz

Mack-Cali Realty Corp. has sold a six-building office portfolio in Hamilton to Denholtz Associates, in a deal arranged by brokers with Newmark Knight Frank.

Professional Services
C&W hires veteran New Jersey leasing executive

A longtime leasing executive for some of the state’s top landlords has joined Cushman & Wakefield in New Jersey.

Office
Bergman, Gottesman acquire Roseland office building

A joint venture has acquired a Roseland office building from Mack Cali Realty Corp., with plans to invest more than $1.5 million to improve the 94,000-square-foot property.

Residential & Mixed Use
Roseland debuts luxury rental building at former Mack-Cali office site

Roseland Residential Trust has unveiled nearly 200 new luxury apartments in Morris Plains, marking the redevelopment of what had been a vacant office building owned by Mack-Cali Realty Corp.

Office
JLL hires longtime Mack-Cali leasing executive

The former head of leasing for Mack-Cali Realty Corp. has joined JLL’s brokerage team in New Jersey.

Office
DeMarco joins Mack-Cali board

Mack-Cali Realty Corp. has appointed CEO Michael J. DeMarco to its board of directors.

Office
Mack-Cali set to dial back property sales after topping $500 million in 2017

Mack-Cali Realty Corp. reaped more than $500 million last year from the sale of buildings and joint venture interests, with additional sales slated for 2018 as it winds down its plan to right-size and reposition its vast portfolio.