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 realty
The Latest
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...
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...
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...
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...
Tri-State
Different state, same problem: Office availbility soars in NJ
In New Jersey, office supply far outweighs demand for that space. The Garden State’s office availability rate in the...
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...
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...
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...
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...