Deals & Dealmakers
Mack-Cali gets in on the birth of a new neighborhood
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Mack-Cali is plowing the profits from its $500 million Westchester industrial portfolio sale into luxury apartments in one of Jersey City’
Deals & Dealmakers
Mack-Cali sheds 5 million s/f of underperforming assets
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Mack-Cali continues to trim its portfolio, shedding underperforming and non-core assets as it focuses on “transit-based” locations. According to company’s
Deals & Dealmakers
Mack-Cali shakes off last of its old self with $500M sale
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Mack-Cali will unload more than three million square feet of office and residential space in Westchester county, selling a 56-building office and residential
Deals & Dealmakers
Plymouth Rock leases 130,000 s/f campus
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Mack-Cali Realty Corporation announced that Plymouth Rock has signed a 12-year, 130,000 s/f lease at 581 Main Street, a Class A office complex in Woodbridge, New Jersey.
Deals & Dealmakers
SELLING POINTS: Zara buys Elmhurst apartments, JLL markets ‘Billionaires Row’ dev site
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● ZARA REALTY Queens investor makes long-term commitment Zara Realty has purchased 94-25 57th Avenue in Elmhurst, Queens for $56.5 million.
Deals & Dealmakers
WHO’S NEWS: Mack-Cali building gender, racial diversity on its board
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Mack-Cali Realty Corporation announced that its Board of Directors has increased from ten to 11 members and has nominated Lisa Myers and Laura Pomerantz
Featured
Airbnb partners with Jersey City apartment developer to offer home sharing services to residents
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Jersey City Urby today announced a major collaboration with Airbnb that will make it the first new building development in the tri-state area to take part
Deals & Dealmakers
Selling points: Vision/Rubenstein partner on $136M NJ purchase, Mack-Cali solidifying ownership in Gold Coast
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CBRE Vision / Rubenstein partner on $136M corporate purchase Vision Real Estate Partners and Rubenstein Partners have formed a joint venture to purchase
Featured
American Dream to open October 25, 2019
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Developer Triple Five Group has announced it will open the long-delayed American Dream super-mall on Friday, October 25, 2019. The public will have access
Deals & Dealmakers
Mack makes the call on REIT’s future
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Veteran real estate dealmaker Bill Mack is placing a big blind on his Mack-Cali stockholders after hanging up on the activist investors looking to shake
Debt & Equity
Bank of America funds Robert Martin Co. industrial buy
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Holliday Fenoglio Fowler announced that it arranged $400.6 million financing for the Robert Martin Company acquisition of Mack-Cali’
Deals & Dealmakers
Mack-Cali fends off activist investor strike
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Mack-Cali has said it has no plans to sell or break itself up but it will give activist investors two seats on its board in an effort to avoid a protracted proxy battle.