Office
Mack-Cali details portfolio makeover, with $745M in sales and $500M in acquisitions

With a goal of reshaping its footprint as a “totally class A portfolio,” Mack-Cali Realty Corp. has sold more than 35 of its office buildings since the start of 2016, the company said, reaping more than $700 million from properties that it deemed nonstrategic or underperforming.

People
Cunningham joins JLL life sciences team

By Joshua Burd JLL has bolstered its life sciences practice with the addition of John Cunningham, a broker with more than 30 years of experience in the state’s commercial real estate sector. The firm announced Tuesday that Cunningham has been…

Office
Saxum grows portfolio with two downtown acquisitions

A development and investment firm has made new acquisitions in Middlesex and Morris counties, its latest under a recently launched fund for repositioning downtown commercial sites.

Office
NGKF team talks Allergan deal, banner year in office market

For all of the landlords and service professionals who are reaping the benefits of New Jersey’s office market, brokers with Newmark Grubb Knight Frank have as much to celebrate as anyone else.

Office
N.J. office market mounts a comeback in Q3, JLL finds

After a sleepy first half of the year, New Jersey’s office market woke up in the third quarter. And it did so in a big way — thanks to a flurry of high-profile leases that reached the finish line.