mack-cali realty corp. – Page 12

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.

Finance & Capital Markets

Northern New Jersey’s top 10 industrial sales of 2017, according to RCA

At least for 2017, industrial became the new darling of institutional investors. Here are the top 10 industrial sales in New Jersey of 2017, according to Real Capital Analytics.

Office

With a deep bench, SJP is seizing new opportunities as a third-party developer and partner

With an in-house, full-service construction team — an asset that is increasingly rare among developers — SJP Properties is being both aggressive and creative in keeping its pipeline full in New Jersey. That means everything from third-party development work to joint ventures and acquisitions that could pave the way for new projects.