Mack-Cali Announces $160 Million Sale of 10-Building Office Portfolio in Morris County, New Jersey
JERSEY CITY, N.J. , Sept. 17, 2020 |PRNewswire| -- Mack-Cali Realty Corporation (NYSE: CLI ) today announced the strategic sale of a 10-building, 1.5 million-square-foot commercial portfolio in Morris County, NJ to a joint venture group, including Onyx Equities, Taconic Capital Advisors, L.P., Axonic Capital LLC, and Machine Investment Group for approximately $160 million . The portfolio includes nine buildings located in Parsippany, NJ and a building in Madison, NJ . "This transaction is exemplary of Mack- Cali's broader strategic vision moving forward," said MaryAnne Gilmartin , Interim Chief Executive Officer of Mack- Cali . "As … Full story available on Benzinga.com
Mack-Cali Announces $160 Million Sale of 10-Building Office Portfolio in Morris County, New Jersey
JERSEY CITY, N.J. , Sept. 17, 2020 |PRNewswire| -- Mack-Cali Realty Corporation (NYSE: CLI ) today announced the strategic sale of a 10-building, 1.5 million-square-foot commercial portfolio in Morris County, NJ to a joint venture group, including Onyx Equities, Taconic Capital Advisors, L.P., Axonic Capital LLC, and Machine Investment Group for approximately $160 million . The portfolio includes nine buildings located in Parsippany, NJ and a building in Madison, NJ . "This transaction is exemplary of Mack- Cali's broader strategic vision moving forward," said MaryAnne Gilmartin , Interim Chief Executive Officer of Mack- Cali . "As … Full story available on Benzinga.com