Mack-Cali Realty revamps Harborside office complex

REIT aims to attract media and creative tenants after $100M overhaul

Tri-State /
May.May 10, 2021 11:20 AM
Mack-Cali Realty CEO Mahbod Nia and a rendering of Harborside 1 (Mack-Cali Realty)

Mack-Cali Realty CEO Mahbod Nia and a rendering of Harborside 1 (Mack-Cali Realty)

After spending more than $100 million redeveloping its Harborside office complex in Jersey City, Mack-Cali Realty is looking to attract new tenants to the 4.3 million-square-foot campus.

The highlight of the makeover is at Harborside 1, which got a new facade, a new lobby that provides access to an indoor retail section, and a terrace with views of Manhattan and the Hudson River, the New York Post reported.

Ed Guiltinan, Mack-Cali’s senior vice president of leasing, told the outlet that the eight-story building’s 65,000-square-foot floor plates, high ceilings and open views should attract media and creative tenants.

CBRE’s teams, including a Manhattan group led by regional CEO Mary Ann Tighe, are in charge of leasing.

Harborside was originally built in the 1920s as the Pennsylvania Railroad’s New York terminus.

The real estate investment trust’s redevelopment also included an installation of the District Kitchen food hall in Harborside 3. A Whole Foods store — which also has a regional headquarters at Harborside — is set to open at a different building in the complex. In addition, Smorgasburg, a weekly open-air food market, will open this summer at Harborside’s parking lot.

While revamping Harborside, Mack-Cali in recent months unloaded its suburban office parks, including the Short Hills, New Jersey, office complex for $255 million and the four-building Metropark complex in Edison and Iselin, New Jersey, for $245 million.

[NYP] — Akiko Matsuda






    Related Articles

    arrow_forward_ios
    The New Jersey campus (Getty, JLL)
    H.I.G., Lincoln Equities land $76M loan for NJ life sciences campus
    H.I.G., Lincoln Equities land $76M loan for NJ life sciences campus
    Jordan Slone of Harbor Group and The Henry at 1 Crystal Hill Drive (Harbor Group)
    Harbor Group pays $54M for Rockland County apartment complex
    Harbor Group pays $54M for Rockland County apartment complex
    Josh Baumgarten (left) and Adam Schwartz, co-CEOs and co-Chief Investment Officers of Angelo Gordon with 2 Huntington Quadrangle, Melville, 6 and 8 Corporate Center Drive in Melville (Angelo Gordon, We're Group)
    Angelo Gordon, We’re Group score $350M refi for Long Island offices
    Angelo Gordon, We’re Group score $350M refi for Long Island offices
    Fair Housing Justice Center President Bernhard Blythe and Eastchester (Blythe Designs, Getty)
    Discrimination suit prompts Eastchester to change Section 8 housing policy
    Discrimination suit prompts Eastchester to change Section 8 housing policy
    Mack-Cali Realty CEO Mahbod Nia and River Centre in Red Bank (Mack-Cali)
    Mack-Cali offloads Red Bank office complex for $84M
    Mack-Cali offloads Red Bank office complex for $84M
    John Fareri and Villa BXV (Getty, Facebook/VillaBXV)
    Westchester developer files for bankruptcy — twice — to fight arbitration award
    Westchester developer files for bankruptcy — twice — to fight arbitration award
    Woodbridge Corporate Park at 485 US-1, Iselin, NJ (KBS, Google Maps)
    New Jersey office park sells for $88M
    New Jersey office park sells for $88M
    Crestwood Apartments in Middletown, New York. (Realtor)
    North Point buys Hudson Valley apartment building for $19M
    North Point buys Hudson Valley apartment building for $19M
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...