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.
Office leasing in three southern New Jersey counties saw a slight uptick in late 2016, according to a new report, pushing vacancy in the region to just under 11 percent to end the year.
With a continued focus on right-sizing its office holdings, Mack-Cali Realty Corp. is looking to sell a sprawling nine-building, 2.2 million-square-foot portfolio in Bergen County.
For all the talk of white elephants and stranded assets, landlords who have paid to upgrade well-located, suburban office buildings in New Jersey have seen tenants come calling. That’s part of the strategy for Mack-Cali Realty Corp. in Parsippany — but on a bigger scale.
Mack-Cali Realty Corp. has taken the wraps off its plans for a new 1.2 million-square-foot office tower that it hopes to build in Jersey City under a joint venture with SJP Properties.
An investment firm will reposition two Basking Ridge office buildings after acquiring them from Mack-Cali Realty Corp., CBRE said Thursday after brokering the sale of the properties.
Accounting and advisory firm Marks Paneth LLP has signed a long-term lease for 13,823 square feet at 8 Campus Drive in Parsippany, Colliers International Group Inc. said Monday.