A joint venture has sold the 423,000-square-foot One Newark Center tower, the latest office building to change hands in downtown Newark amid heightened investor interest.
SJP Properties and Mack-Cali Realty Corp. have unveiled the new design for their planned 1.2 million-square-foot office tower in Jersey City, touting it as “a new archetype” for the modern workplace and what will be the state’s most technologically advanced commercial building.
Mack-Cali Realty Corp. has offered a glimpse at $50 million in upgrades it’s planning at a dozen suburban office buildings in the Parsippany, Short Hills, Metropark and Red Bank submarkets.
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.
The new owners of three office buildings in Parsippany have unveiled a $4.5 million plan to upgrade and introduce a set of modern, upscale amenities at the 280,000-square-foot campus.
Mack-Cali Realty Corp. has unveiled new renderings of its planned $75 million redevelopment of the Harborside complex in Jersey City, where it’s slated to modernize more than 4 million square feet of office space and create a new public retail plaza.
A joint venture has added to its office portfolio in Bergen County, acquiring four buildings spanning nearly 850,000 square feet from Mack-Cali Realty Corp.
Mack-Cali Realty Corp. has hired Newmark Knight Frank to sell six office buildings in Mercer County, as the company continues to trim its portfolio of suburban properties.
