SL Green sells 125 Broad St.

Mack-Cali Realty Corp., a REIT with significant holdings in New Jersey, has bought SL Green Realty Corp.’s condominium interest in 125 Broad Street for $273 million, or $520 per square foot. The office condos occupy floors two through 16 in the 40-story property. SL Green had acquired the space in 2002 for $90 million, or $172 per square foot. more [GlobeSt]