Mack-Cali Realty Corp. recently acquired three office buildings totaling 279,811 square feet in Parsippany, N.J.
The buildings were purchased from The Gale Company for approximately $30.8 million.
Located at 4, 5 and 6 Century Drive, adjacent to Mack-Cali Business Campus, the buildings were 46.2 percent at the time of sale to 13 tenants. Tenants include U.S. Fire Insurance, Diagnostica Stago, and Simon & Schuster Inc.
Mack-Cali Realty Corp. is a self-administered real estate investment trust.
***
What’s your opinion? Send your Letter to the Editor to opinion@inman.com.
You have {{data.cm.viewsLeft}} articles left this month.
This content is available to Inman Select subscribers.
Please select an option below.
Please register to access this content.
To continue viewing the content you love, please sign in or create a new account
You have used all of your free pageviews.
Please subscribe to access more content.
Access denied!