mack-cali realty


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Mack-Cali CEO Mahbod Nia
Tri-State

Mack-Cali rebrands as Veris Residential, signifying shift in focus

Mack-Cali Realty is making its office-to-multifamily pivot official. On Friday, the New Jersey-based real estate investment trust will begin...

Mack-Cali rebrands as Veris Residential, signifying shift in focus
Birch Group President Mark Meisner and 101 Hudson Street in Jersey City, NJ (The Birch Group, Google Maps)
Tri-State

Birch Group paying $380M for large Jersey City office

Mack-Cali Realty is selling another office property, agreeing to unload a waterfront Jersey City complex for $380 million. The...

Birch Group paying $380M for large Jersey City office
Mack-Cali Realty CEO Mahbod Nia and River Centre in Red Bank (Mack-Cali)
Tri-State

Mack-Cali offloads Red Bank office complex for $84M

UPDATED, June 14, 2021, 3:24 p.m.: Mack-Cali’s retreat from the suburban office market rolls on. The New Jersey-based real...

Mack-Cali offloads Red Bank office complex for $84M
Mack-Cali Realty CEO Mahbod Nia and a rendering of Harborside 1 (Mack-Cali Realty)
Tri-State

Mack-Cali Realty revamps Harborside office complex

After spending more than $100 million redeveloping its Harborside office complex in Jersey City, Mack-Cali Realty is looking to...

Mack-Cali Realty revamps Harborside office complex
The Birch Group CEO Mark Meisner and Mack-Cali CEO Mahbod Nia with (clockwise from top left: 101, 103, 150 and 51 John F. Kennedy Parkway, Short Hills (Mack-Cali, Linkedin)
Tri-State

Mack-Cali sells Short Hills, NJ office portfolio for $255M

Mack-Cali Realty’s selling spree continues: The REIT sold its Short Hills, New Jersey office portfolio to the Birch Group...

Mack-Cali sells Short Hills, NJ office portfolio for $255M
Mack-Cali’s CEO Mahbod Nia with 99 Wood Avenue South, 101 Wood Avenue South in Iselin, NJ, and 333 and 343 Thornall Street in Edison, NJ (Google Maps)
Tri-State

Mack-Cali Realty sells Metropark complex for $254M

Mack-Cali Realty has unloaded another New Jersey office complex in its quest to shed its suburban portfolio. The Jersey...

Mack-Cali Realty sells Metropark complex for $254M
Mack-Cali Realty CEO Mahbod Nia and MaryAnne Gilmartin (Photos via Mack-Cali Realty)
Tri-State

Mack-Cali Realty names Mahbod Nia as CEO

More than six months after a shake-up of its C-suite, Mack-Cali has named a new CEO. Mahbod Nia, a former head of NorthStar Realty Europe, will take the reins at the New Jersey-based based...

Mack-Cali Realty names Mahbod Nia as CEO
(iStock)
National

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...

Remote work threatens cash flows for office REITs

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