Tri-State
Onyx Equities acquires massive New Jersey office portfolio for $160M
Mack-Cali Realty Corp. continues to shed its suburban office buildings as it focuses on properties closer to the New...
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National Insights
Remote work threatens cash flows for office REITs
The rise of remote work puts cash flows for U.S. office real estate investment trusts at risk in the...
Tri-State
Rent-a-CEO: Inside Gilmartin’s short-term gig at Mack-Cali
After a massive shakeup of Mack-Cali’s board, MaryAnne Gilmartin is temporarily stepping in as the New Jersey-based real estate...
Tri-State
Mack-Cali shakeup: MaryAnne Gilmartin named interim CEO
MaryAnne Gilmartin has replaced Michael DeMarco as CEO of Mack-Cali Realty, just seven months after announcing she would start...
Tri-State
A new boardroom era begins at Mack-Cali
Mack-Cali Realty confirmed Tuesday that activist investor Bow Street had won four seats on its board of directors after a months-long proxy fight. Four of Mack-Cali’s current directors opted not to seek reelection during...
Mack-Cali to consider potential sale, Kushner Companies trumps Jersey City in legal fight & more North Jersey real estate news
Mack-Cali board committee to mull strategic options The board of directors at Jersey City-based Mack-Cali Realty is planning to form an independent committee to...
Former NFL star’s Greenwich home heads to auction, Dressbarn shuts its doors and more Westchester & Fairfield real estate news
Former NFL All-Pro Matt Birk’s Greenwich home heads to auction In what has been billed as an increasingly popular alternative to more traditional listings,...
Tri-State
Mack-Cali brings Whole Foods regional HQ to Jersey City, $85M Englewood apartment complex for sale & more North Jersey real estate news
Whole Foods to open regional HQ, store in Jersey City Mack-Cali Realty, a Jersey City-based real estate investment trust, has been busy this month...
Tri-State
Jersey City’s Soho Lofts sell for $264M
AEW has officially sold Jersey City’s Soho Lofts for $263.8 million. The owner sold the 377-unit apartment building to...
Tri-State
Westchester & Fairfield Cheat Sheet: RMC pays $487.5M for Mack-Cali portfolio, historic Bronxville mansion returns to market… & more
Mack-Cali sells $487.5M portfolio to Westchester developer Jersey City-based real estate investment trust Mack-Cali Realty has agreed to unload a 56-building office and residential...